Dalata to buy Maldron Hotel Wexford for $3.84M

Irish hotel firm Dalata Hotel Group entered into an agreement to buy the Maldron Hotel Wexford in Ireland for €3.53 million in cash. It is expected that the transaction will complete in April.

The hotel has been operated by Dalata since August 2007 under the terms of a 33 year leasehold agreement, with a current annual rent of €300,000 per annum subject to upward only rent reviews at five year intervals.

The next rent review is due in January 2019.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


A statement from Dalata said that the acquisition “will consolidate the Group's position and allow it to develop the business of the hotel to its full potential.”