City Lodge Hotels Ltd operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares City Lodge Hotels Ltd with three other
hotel and motel operators in Africa:
sales of 5.06 billion Mauritian Rupees [US$124.27 million]
Lux Island Resorts Limited
(4.84 billion Mauritian Rupees [US$118.86 million]
Grand Parade Investments Limited
(1.31 billion South African Rands [US$95.90 million]
Sales levels dropped significantly in the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at City Lodge Hotels Ltd totalled
215.61 million South African Rands.
This is a drop of 73.4%
from the 809.25 million South African Rands in sales at the company during the second quarter in 2020.
During the year ended June of 2020, sales at
City Lodge Hotels Ltd were 1.16 billion South African Rands (US$84.72 million).
decrease of 25.1%
versus 2019, when the company's sales were 1.55 billion South African Rands.
Contributing to the drop in overall sales was the 28.0% decline
in Road Lodge, from 312.39 million South African Rands to 224.91 million South African Rands.
There were also decreases in sales in
City Logde (down 25.5% to 600.16 million South African Rands)
Town Lodge (down 22.1% to 171.11 million South African Rands)
Courtyard (down 22.6% to 51.18 million South African Rands)
Central Office and Other (down 22.2% to 111.94 million South African Rands)