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Who got the top job? Top 1000: A look at some of the new names who’ll be taking over Ireland’s top companies this year
about 2 hours ago
Getting the top job during a pandemic comes with its own set of challenges; but leading a company out of the recent crisis also has its advantages, as the only way may be up. We take a look at some of the new names who’ll be aiming to do just that at Ireland’s top companies over the coming year.
Dermot Crowley
Dalata
He won’t take on the mantle of the top job until later this year, when the incumbent Pat McCann steps down after five decades in the industry, but Dermot Crowley will likely nonetheless have a challenging debut as he tries to bring hotel operator Dalata back to growth.
Dalata said its balance sheet, which includes hotel assets of €1.2bn, provides it with “security and opportunity.”
Revenue at the group fell by 68pc last year to €136.8m, as tourism sector was particularly badly impacted by the Covid-19 pandemic.
During the year the group had 31pc occupancy, compared to 83pc in 2019, according to annual results.
The average room rate was €89 down from €113 the prior year.
Dalata, whose brand’s include the Maldron and Clayton hotels, is Ireland’s largest hotel group.
Commenting on his decision to step down, Mr McCann said: It has been a privilege to lead Dalata. I am immensely proud of everything we have achieved but most of all, I am proud of our people, who continue to demonstrate dedication and resilience, in what has been a difficult year for many of them.”