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).
City Lodge Hotels Limited is listed on the Johannesburg Stock Exchange (JSE) since November 18th, 1992. City Lodge Hotels is traded on the JSE under the ticker symbol “CLH”. The International Securities Identification Number (ISIN) of JSE:CLH is ZAE000117792. City Lodge Hotels Limited is currently the 172nd most valuable stock on the JSE with a market capitalization of ZAR 2.85 billion, which is about 0.015% of the Johannesburg Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||4.65|
|Day’s High Price||4.73|
|Number of Deals||117|
|Growth & Valuation|
|Earnings Per Share||0.1430|
|Dividend Per Share||0.05|
CLH Stock Market Performance
The current share price of City Lodge Hotels Limited (CLH) is ZAR 4.67. CLH closed its last trading day (Friday, June 2, 2023) at 4.67 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.6% drop from its previous closing price of 4.70 ZAR. City Lodge Hotels began the year with a share price of 5.07 ZAR but has since lost 7.89% off that price valuation, ranking it 267th on the JSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 9% increase of CLH share price since May 5th, which is 42nd best on JSE.
City Lodge Hotels is the 66th most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 1 - Jun 2, 2023). CLH has traded a total volume of 79.8 million shares—in 9,149 deals—valued at ZAR 352 million over the period, with an average of 1.27 million traded shares per session. A volume high of 17.4 million was achieved on May 16th, and a low of 118,950 on April 12th, for the same period. The table below details the last 10 trading days of activity of City Lodge Hotels on the Johannesburg Stock Exchange.
Profile of City Lodge Hotels Limited
City Lodge Hotels Limited was founded on July 16, 1986 and operates in the Consumer Services sector, specifically, the Travel & Leisure industry.
Factsheet of City Lodge Hotels Limited
- Consumer Services
- 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 presents an overview of the market standing of the top 10 by year-to-date performance.
|SUI||Sun International Ltd||9.93B||37.91||+9.6%|
|TSG||Tsogo Sun Gaming Ltd||13.1B||12.44||+6.23%|
|SUR||Spur Corporation Ltd||2.09B||22.96||+4.36%|
|FTH||Frontier Transport Holdings||1.48B||5.10||-1.16%|
|FBR||Famous Brands Ltd||6.21B||62.00||-2.22%|
|SSU||Southern Sun Limited||6.28B||4.25||-5.76%|
|BID||BID Corporation Ltd||143B||426.62||+29.3%|
|AON||African & Overseas Enterprises N-Shares||153M||15.00||+20%|
|RTO||Rex Trueform Group Ltd||41.5M||11.02||+9.11%|
|CAT||Caxton & CTP Publishers Limited||3.55B||9.89||+7.62%|