AHCG

2456 days ago

Action Hotels - new opening, share price daft: BUY

Action Hotels (AHCG) the owner and manager of 3 and 4 star hotels in the Middle East and Australia, has opened of its second hotel in Bahrain, ibis Styles Manama Diplomatic Area.

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2780 days ago

Action Hotels Interims - Buy

Action Hotels (AHCG) has announced results for the first half of 2016 and, noting “increasing demand for quality, internationally branded economy and mid-market hotels” in its Middle East and Australia areas of operation, “remains optimistic about the future as the group continues to deliver the pipeline”.

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2801 days ago

Action Hotels Trading update - buy

With eleven completed hotels with 2,032 rooms across the Middle East and Australia, Action Hotels (AHCG) has updated on performance for the first half of the year – noting it “was positive… with both the group's Middle East and Australian hotels contributing strong average occupancies”.

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2958 days ago

Action Hotels new opening - buy

Action Hotels (AHCG) has announced the official opening of the largest hotel in its portfolio – the 368-room, new-build, ibis Styles Brisbane Elizabeth Street, bringing its operating portfolio to 10 hotels with 1,928 rooms.

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2991 days ago

Action Hotels Trading Update - stance upgrade to buy

Ahead of April scheduled results for 2015, Action Hotels (AHCG) has updated that its nine operational hotels performed strongly and in line with expectations” and that “an increase in reported net asset value is expected as a result of new hotel openings, upward revaluations of existing properties and new additions to the portfolio”.

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