Investors await decisions from key central banks and earnings reports from big tech companies
Irish market ends the day down, with Dalata and Glanbia the big fallers
Irish market ends the day down, with Dalata and Glanbia the big fallers
Ryanair the standout stock as banks retreat
Dalata will operate the four-star property under its Maldron brand, under an agreement with the GAA
Private equity firm investment some €10 million in Eastland Engineering Supples in 2019
The group also plans to open a Maldron hotel at Croke Park in Dublin in 2026 along with a hotel in Edinburgh in the same year
Increased supply, rise in VAT rate hits room revenue
Banks were in focus on Dublin market as it was confirmed that euro zone inflation ticked up to 2.6 per cent in May
Iseq index a sea of red as investors fear looser fiscal policies if far-right National Rally party wins
Investors shrugged off Thursday’s interest rate cut by the European Central Bank as AIB and Bank of Ireland rose
The banks were among the biggest losers in Dublin as investors eyed expected ECB rate cut later this week
Investors renew bets on borrowing charge cuts ahead of European Central Bank meeting this week
Hotel group’s chief executive says the secret sauce for its success to date has been its people
Dalata chief executive Dermot Crowley says the investment will deliver consistency in its communications with customers
IAASA concluded that the sale of lands at the former Tara Towers Hotel in south Dublin was not part of the ordinary activities of a hotel group such as Dalata
Dublin hotel market sees new competition
Banking stocks out of favour as Iseq All Share index declines and IMF warns of likelihood of central banks raising rates
London’s FTSE 100 recovered some, but not all, of its losses from Friday
Oil prices briefly rose above $89 a barrel for the first time since October, which led to falling stocks in the travel sector
Europe’s Stoxx 600 was up 0.2 per cent, bringing quarterly gains to about 7 per cent
World stocks dipped on Wednesday amid a spate of disappointing earnings reports, as investors also await US and euro zone inflation data
Euronext Dublin finished the day down 0.3% as it was dragged lower by homebuilders and hotels group Dalata
The Taylor Swift effect this summer is just one in a series of big events that is boosting room rates
Hotel group Dalata up 0.8% in Dublin as its share price climbed above pre-Covid levels for first time
Euronext Dublin saw a “weaker day” on Wednesday compared to the rest of January, according to Dublin traders
Dublin market up slightly with shares of Kerry Group advancing 2 per cent
Existing deal for Maldron Hotel Dublin Airport was due to expire this month
An absence of major news has not stopped investors from ramping up bets on rapid-fire rate cuts next year
The best news, analysis and comment from The Irish Times business desk
But questions remain about future of travel and tourism as consumer concerns bite
Investors swerve risky bets as they await news on US and EU interest rates
Hotel group due to open four new hotels in 2024, adding 834 rooms to its portfolio
In Dublin, shares were down on the day, in line with European peers.
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