CHRIS GILMOUR: City Lodge shakes off the past with an excellent set of results
Group adapts its business model to compete in the post-Covid world
27 September 2023 - 05:00
City Lodge Hotel Group (CLHG) finally laid its demons to rest with an excellent set of results to June 2023.
Bedevilled by the combined effects of an almost complete shutdown of its hotels during the Covid-19 pandemic, a highly dilutive rights issue and the continuing effect of load-shedding, CLHG has adapted its business model to compete successfully in the new normal of the post-Covid world...
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