TITLE

Rooms with a growing view

AUTHOR(S)
Coulson, Michael
PUB. DATE
March 2008
SOURCE
Finweek;3/6/2008, p37
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
31549392

 

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