City Lodge sees occupancy exceeding pre-pandemic levels
Hotel group repays R300m of R600m debt and then another R200m after year-end
11 September 2023 - 12:35
UPDATED 11 September 2023 - 19:49
City Lodge hotel group swung back into annual headline earnings after a loss the previous year as occupancy rose.
The group, which owns most of its hotel buildings, has about half in Gauteng, meaning it relies on business travel, which ground to a halt during Covid-19. ..
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