Dalata Hotel Group acquired Hintergard for GBP91m.

Dalata Hotel Group, a hotel operator with a number of hotels in Ireland and the UK, acquired Hintergard, which owns the 300 year leasehold interest of a hotel located at Aldgate, London, for GBP91m. The new 212 room hotel will be branded Clayton Hotel City of London. Dermot Crowley, Deputy CEO – Business Development & Finance, said: “We are delighted to secure this new hotel in Aldgate, London. We already successfully operate two Clayton hotels in the Greater London area at Chiswick and Cricklewood. This new hotel gives us a presence in a key central location within the city and is ideally located for corporate customers who want to be close to the City of London and leisure guests visiting the many attractions that the city has to offer. Access to the Aldgate area will be further enhanced with the opening of two new Crossrail stations at Liverpool Street and Whitechapel in December 2018."