City Lodge Hotels Ltd traded at 450.00 this Thursday July 2nd. Looking back, over the last four weeks, City Lodge Hotels lost 7.14 percent. Over the last 12 months, its price rose by 17.49 percent. Looking ahead, we forecast City Lodge Hotels Ltd to be priced at 426.32 by the end of this quarter and at 387.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
City Lodge Hotels Limited is a South Africa-based company, which operates in the hotel sector. The Company owns or leases and manages hotels. The Company is engaged in the business of hotel operations, food and beverages, hotel administration, and customer relationship management. The Company’s segments are Courtyard Hotels, which is the group''s luxury brand comprising approximately five hotels; City Lodge Hotels is the upper mid-scale brand comprising approximately 18 hotels; Town Lodge is the mid-scale brand comprising approximately 10 hotels; Road Lodge is the economy brand comprising approximately 23 hotels; Rest of Africa consists of the Company''s non-South African hotels division which owns, operates, and manages hotels in Botswana, Mozambique, and Namibia; and Central Office consists of the management division which manages all the hotels. The Company''s brands are Courtyard Hotel, City Lodge Hotel, Town Lodge, and Road Lodge.