Dalata has seen its revenues increase by 30.4 percent to €79m during its first year as a public company. It returned a pre-tax profit of €4.2m.

The group has announced its latest acquisition - the Holiday Inn Hotel in Belfast. Dalata has also revealed plans to rebrand the Moran Bewleys Hotels under the new Clayton Hotels brand.

Earnings (EBITDA) were up by 54 percent to €8.2m and the group saw a 13.4 percent increase in the average room rate.

Rents at hotels that Dalata leases rose by 17.3 percent to €16.2m.

Alan Breen, senior stockbroker with Cantor Fitzgerald Ireland joined Newstalk Breakfast to discuss the group's performance, after a very active 2014. He says that the market will looking for indications regarding further acquisition plans in 2015.

During 2014 Dalata acquired most of the Moran Bewley’s Hotel Group in a deal that was worth €455m - this comprised of 2,506 rooms in Ireland and the UK.