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LATEST NEWS FOR City Lodge Hotels Ltd.  

The City Lodge Hotel Group is a multi-brand chain offering a variety of locations, features and budget choices to business and leisure travellers.... [more info]

Flight prices surge and some hotels are fully booked for Easter

1 Apr 2021 /  Suren Naidoo   5
Last-minute domestic bookings give a much-needed boost to the travel industry.

Simon’s weekly wrap: Education, hospitality and tech groups show their numbers

26 Mar 2021 /  Simon Brown  
This week MoneywebNOW looked at how ADvTECH and City Lodge fared over lockdown, as well as Tencent's results, and what container ship Ever Given's Suez Canal blockage means for global trade, and more.

Does some value lurk in SA’s leisure stocks?

23 Mar 2021 /  Simon Brown  
City Lodge ‘trades 80% less than the value of its assets, and that's what makes this one so interesting to me. I don't think it's going to go bankrupt’: Chantal Marx, head of research, FNB Wealth and Investments.

Who actually works best from home?

23 Mar 2021 /  Simon Brown  
FNB's Chantal Marx takes a look at local leisure stocks. Anchor's Nick Dennis on how rising rates are killing the growth trade. Merchants' Mat Conn on how WFH is changing businesses

Despite cash constraints City Lodge opens new Waterfall City hotel

2 Mar 2021 /  Suren Naidoo  
Group reports after-tax loss of R550m for its half-year, as pandemic continues to affect occupancies.

Tourism and hospitality industry hail Covid-19 Ters extension to mid-March

UPDATE
12 Feb 2021 /  Suren Naidoo   9
Liquor sector also likely to benefit, including liquor retailers and pubs.

2021: What investment themes will we see?

29 Jan 2021 /  Simon Brown  
Wayne McCurrie of FNB wraps up the week's market news and takes a look at Kumba. Gary Booysen of Rand Swiss on what he expects to see in the investment landscape over the next year.

Western Cape wants Ters benefit extended in hard-hit Garden Route

18 Dec 2020 /  Suren Naidoo   2
Reiterates province’s opposition to national government’s decision to close any of its beaches.

The future of the office and what’s left of Altron?

10 Dec 2020 /  Simon Brown  
FNB's Chantal Marx talks Tongaat's sale of its starch business. Cannon's Adrian Saville on the Bytes UK listing. Linda Trim from Giant Leap talks the future of the office.

Tsogo Sun Hotels warns of up to R1.8bn revenue slide

11 Nov 2020 /  Suren Naidoo   4
Due to the Covid-19 economic fallout.

Balwin bets R1.6bn on new Sandton high-rise  

UPDATE
9 Nov 2020 /  Suren Naidoo   18
As part of a bigger vision to create more inclusive housing closer to prime commercial hubs.

Tourism bodies say ‘red list’ must be scrapped

21 Oct 2020 /  Suren Naidoo    24
Will damage the country’s reputation among its major international tourist source markets.

‘SA’s international tourist summer season may just have been saved’

UPDATE
17 Sep 2020 /  Suren Naidoo   24
Pandemic-hit industry hails the president's announcement of borders opening in October.

Nasdaq down, Truworths results and the JSE’s new meeting policy

4 Sep 2020 /  Simon Brown  
Mia Kruger of Kruger International on markets and company results as the US markets sell off overnight. Michael Mark, Truworths CEO, on results, managing the pandemic and changing customer shopping patterns. The JSE's Donald Khumalo on no-meeting Wednesdays at the JSE.

City Lodge reports R486m net loss, won’t be paying dividends

4 Sep 2020 /  Roy Cokayne   5
Only expects to reach break-even levels in its 2022 financial year.

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