City Lodge expects further rise in occupancy despite slow economy
City Lodge Hotels expects demand for its rooms to continue exceeding expectations in the year ahead after it increased occupancies in 2015.
City Lodge expects normalised FY HEPS between 8% and 13% higher
City Lodge says it expects full-year normalised diluted headline earnings per share to be between 8% and 13% higher than in 2013.
City Lodge H1 normalised diluted HEPS up 14% to 330.5c
City Lodge reports a 14% rise in normalised diluted HEPS to 330.5c in the 6 months to December from the same period a year ago.
City Lodge begins construction of lavish Waterfall City hotel
JSE-listed City Lodge Hotels said on Tuesday the development of its 150-room City Lodge Waterfall City had begun, with the hotel scheduled to open toward the end of 2014.
Hotel stocks offer a glimmer of hope
Hotel stocks have had a dismal four years but there are signs of a recovery
City Lodge Hotels total dividend up 31% to 351c
City Lodge Hotels increases average occupancies by 3% points to 62% in the 12 months to June 30‚ 2013.
Call to extend REITs regime to unlisted property sector
THE South African Property Owners Association (Sapoa) is lobbying to see that the favourable tax dispensations of the newly launched real estate investment trust (Reit) structure are extended to unlisted property players.
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