Rooms with a growing view

Coulson, Michael
March 2008
Finweek;3/6/2008, p37
The article explores the success of City Lodge, one known hotel business in South Africa, through the years. It is claimed that its process of maintaining room occupancy rates across the cycle has brought its management a settling condition amidst stiff competition. The hotel has been able to earn an above-average earnings multiple of 16,6. Its share is also considered a consistently steady performer as it has come off from 8500c to 7600c/share.


Related Articles

  • If the price drops...book in. Hasenfuss, Marc // Finweek;1/29/2009, p31 

    The article reports on the stability of City Lodge Hotels Ltd. share price in South Africa in 2008. Accordingly, the relative share price stability made investors think there is more better value than City Lodge however, its defensive dividend paying qualities must not be disregarded. City Lodge...

  • Keeping its head above water. MULLER, JOAN // Finweek;6/24/2010, p42 

    The article analyzes the stocks of City Lodge Hotels Ltd. in South Africa, which is in a better position than its competitors in the hospitality industry. It informs that City Lodge's share price have come down but its stocks are still held high. It also discusses the opportunities which include...

  • Hitting the suite spot. Laschinger, Kirsty // Finance Week;11/8/2004, p31 

    Reports on the occupancy rate of City Lodge Hotels in South Africa. Percentage of growth in occupancy; Statement of City Lodge Hotels CEO Clifford Ross, on the reason behind the condition of the business; Advertising campaigns promoted by the company.

  • Still plenty of bums-in-beds. Miller, Joan // Finweek;3/26/2009 Supplement, p121 

    The article analyzes the growth in the hospitality industry in South Africa despite global economic crises. Latest trading updates of the sector reports that the region's hospitality sector has continued to experience buoyant activity regardless of the current crises. These include City Lodge...

  • A share with a view. BROWN, SIMON // Finweek;1/24/2013, p37 

    The article offers the author's insights on the state of occupancy rates at City Lodge Hotels for the year ended June 2012 and he notes that hotels are good quality investments with increasing occupancies.

  • City Lodge signs up for Cradle City development.  // Southern African Tourism Update;Oct/Nov2009, Issue 209, p17 

    The article focuses on the commitment of the City Lodge Hotel Group to the acquisition of a site at Cradle City Business Park in Johannesburg, South Africa. The aim is to develop one of its hotel brands. The property will comprise of commercial, residential, hotel, resort, office, and...

  • More of the same. Laschinger, Kirsty // Finance Week;3/22/2004, p26 

    Focuses on the business performance of South African firm City Lodge Hotels as of March 2004. Share value; Medium-term strategy; Opportunities and risks of investing in the company.

  • Worth Checking into. Thomas, Stafford // Finance Week;9/29/2003, p38 

    Discusses financial issues and expansion strategies of City Lodge Hotels and other South African hotel companies. Details of the occupancy rating in Johannesburg, South Africa; Type of market that the industry is concentrating on; Initiatives to be undertaken to further improve the industry's...

  • PORTFOLIO POINTERS: NO ROOM AT THE INN. Coulson, Michael // Finweek;3/8/2007, p34 

    The article looks at the financial performance of City Lodge Hotels for the second half of 2006. The hotel has achieved its best-ever occupancy rate of 83 percent and its revenue increased by 15 percent. Its expansion program includes the addition of four more hotels and the search for more...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics