Dalata Hotel Group: Check-Out Time?
Dalata now in play after announcement of strategic review; potential upside of 80%+
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Value Situations is NOT investment advice and the author is not an investment advisor.
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In this issue of the newsletter, I return to a name that I previously covered back in 2021, Dalata Hotel Group Plc (DHG).
Earlier this month, DHG announced a strategic review, including the commencement of a formal sale process for the company. After years of weak share price performance, this announcement isn’t all that surprising in my view, and with the public markets continuing to discount DHG vs. its asset value, a break-up of the company’s hotel portfolio or sale to a private acquirer is perhaps the most likely way for fundamental value to be realised now…