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City Lodge Hotels narrowed its loss by about 90% for the six months to end-December, as locals went on holidays again after the third Covid-19 wave. 

The hotel group’s losses in headline earnings per a share are estimated to be 5.3c-6.5c, a drastic improvement on the 60.1c loss in the six months to December 2020, when international travel and local travel had slowed to a trickle. ..

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