Abu Dhabi National Hotels Company PJSC traded at 0.41 this Monday March 23rd, decreasing 0.01 or 2.17 percent since the previous trading session. Looking back, over the last four weeks, Abu Dhabi National Hotels lost 18.80 percent. Over the last 12 months, its price fell by 23.54 percent. Looking ahead, we forecast Abu Dhabi National Hotels Company PJSC to be priced at 0.41 by the end of this quarter and at 0.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
Abu Dhabi National Hotels Company PJSC is a United Arab Emirates-based company engaged in the tourism and hospitality industry sector. The Company’s main activities include the ownership and management of hotels, and undertaking related services. The Company is organized, along with its subsidiaries, into five business segments: Hotels, Retail services, Catering and contract services, Transport services and Holding. The Company owns seven hotels in the United Arab Emirates, which include Hilton International Abu Dhabi, Hilton International Al Ain, Abu Dhabi Sheraton Hotel, Le Meridien Abu Dhabi, Mercure Jebel Hafeet Hotel, Sofitel Dubai and Park Hyatt Abu Dhabi, which are managed by international hotel operating companies. The Company holds 100% investments in its subsidiary, namely Al Ghazal Transport; 51% in its joint venture, namely Abu Dhabi National Hotels Compass Middle East LLC, and 38.46% in associated company, namely Overseas Tourist Investment Company Limited.