CLH - City Lodge Hotels Limited
The City Lodge Hotel Group is a multi-brand chain offering a variety of locations, features, and budget choices to business and leisure travelers. The group operates hotels targeted primarily towards the business community such as the Courtyard, City Lodge, Town Lodge, and Road Lodge hotels. With 5 Courtyard Hotels (381 suites), 20 City Lodge Hotels (3,531 rooms), 14 Town Lodges (1,804 rooms), 22 Road Lodges (2,059 rooms), and the Fairview Hotel (127 rooms), the City Lodge Hotel Group has over 7,900 rooms and suites and ranks among the 250 largest hotel chains in the world, and South Africa's leading selected services hotel chain.
City Lodge Limited was founded by Hans Enderle when City Lodge Randburg (now City Lodge Hotel Bryanston) opened on August 1, 1985. In 1990, the second-tier Town Lodge concept was started. Five years later, the group acquired 50% interest in the companies associated with the upmarket Courtyard Suite Hotel chain and opened its first Road Lodge, a concept aimed mainly at budget-conscious travelers. In 2015, the outstanding 50% in the Courtyard joint venture was acquired from HPF Properties Pty Ltd.
In 2013, the City Lodge Hotel Group acquired 50% interest in two hotels in Nairobi, Kenya, and has since taken full ownership of the Fairview Hotel and Town Lodge, Upper Hill, Nairobi. Town Lodge Gaborone in Botswana became the first new hotel developed by the group outside of South Africa. This was followed by the Town Lodge Windhoek, Namibia (2017), the City Lodge Hotel at Two Rivers Mall in Nairobi (2018), the City Lodge Hotel Dar es Salaam in Tanzania (2018), and the City Lodge Hotel Maputo in Mozambique (2020).
|Last Trading Results||Growth & Valuation|
|Opening Price:||--||Earnings Per Share:||-3.8857|
|Day's Low Price:||2.98||Price/Earning Ratio:||-0.80|
|Day's High Price:||3.27||Dividend Per Share:||1.53|
|Traded Volume:||3,043,782||Dividend Yield:||49.2%|
|Number of Deals:||587||Shares Outstanding:||43.57m|
CLH Stock Market Performance
The current share price of City Lodge Hotels Limited (CLH) is ZAR 3.11. The CLH stock closed its last trading day (Friday, December 4, 2020) at 3.11 ZAR per share on the Johannesburg Stock Exchange, recording a 5.07% gain over its previous closing price of 2.96 ZAR. CLH began the year with a share price of 71.99 ZAR but has since lost 95.68% off that price valuation, ranking it 446th on the JSE in terms of year-to-date performance. Shareholders' fears may be allayed by the 30.13% increase of CLH share price in recent weeks - since November 6. The table below details the last 10 trading days of activity of City Lodge Hotels Limited on the Johannesburg Stock Exchange.
Profile of City Lodge Hotels Limited
City Lodge Hotels Limited, founded on July 16, 1986, operates in the Consumer Services sector, specifically, the Travel & Leisure industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
|Factsheet of City Lodge Hotels Limited|
Travel & Leisure
Bryanston Gate Office Park, Cnr Homestead Ave & Main Rd, Bryanston, 2191, South Africa
CLH Industrial Market Competitors
City Lodge Hotels Limited, issuers of the CLH stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or Travel & Leisure industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|ACZ||Arden Capital Limited||820.87m||7.00||-12.2%|
|HPR||Hosken Pax Log and Rail||899.00m||3.10||-26.2%|
|SUR||Spur Corporation Ltd||1.73b||18.97||-28.8%|
|FBR||Famous Brands Ltd||4.71b||47.00||-39.7%|
|TSG||Tsogo Sun Gaming Ltd||5.95b||5.67||-53.8%|
|TGO||Tsogo Sun Hotels LTD||1.81b||1.71||-56.4%|
|SUI||Sun International Ltd||1.72b||13.25||-66.8%|
|PHM||Phumelela Game Leisure||42.03m||0.41||-77.1%|
|LUX||Luxe Holdings Limited||27.77m||1.25||+2400.0%|