THE G SPOT
City Lodge: Back from the nearly dead
City Lodge has staged a phenomenal comeback from the Covid horror show, and business travel, says CEO Andrew Widegger, is far from over
From zero guests during Covid, plus an existential debt burden, City Lodge has recovered to serve up a 55% rise in revenue, headline earnings of 30.3c a share (up 42%) and an 8c a share dividend for the year ended June. The FM spoke to CEO Andrew Widegger
Do you feel like you suffered a near-death experience?..
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