In another age, yesterday’s Dalata AGM should have been a moment of congratulations. After all, total revenues in the business increased by 9.3% to €429.2 million in 2019, and adjusted EBITDA increased 12.8% to €134.8 million. However, Covid-19 ensured that was never going to be the case. Instead, through a closed AGM process run remotely, the company confirmed that it had closed 29 of its 44 hotels and laid off 3,500 of its 4,500 workers. The crisis has decimated the hospitality industry, and Dalata, the country’s largest hotel operator, has not been immune. For the first quarter of 2020, revenue…

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