Action Hotels Share Discussion Threads

[m.t.glass] 07/4/2014 10:25

Yes, I come across very few people who've heard of the company. The publication of Results will alert a few to its existence and might prompt a bit of press coverage somewhere. The figures themselves don't do anything to excite (revenue up a bit, profits down a bit), so I would expect press interest (if there is any) to focus on the business plan rather than the immediate numbers.

[sagarn] 07/4/2014 08:52

Nice report, but market seems a little underwhelmed at present...? Still very much under the radar I feel. Hopefully that will change with some press coverage and upgrades.

[aim_trader] 07/4/2014 08:50

The directors of ValiRx (AIM: VAL), e-Therapeutics plc (AIM: ETX), Oxford Pharmascience (AIM: OXP) and Action Hotels (AIM: AHCG) will be presenting this
Thursday the 10th April 2014 at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

REGISTER HERE:

[philanderer] 07/4/2014 08:37

that`ll do :-)

"2014 has started well with occupancy levels remaining strong across the portfolio and encouraging growth in all of our key metrics. Our newest hotel, Holiday Inn Seeb Muscat, which we opened In December 2013, is showing performance to date ahead of our expectations. We remain on track to execute our pipeline of eight additional hotels whilst maintaining the performance of our existing hotel portfolio."

[philanderer] 04/4/2014 23:43

Certainly a possibility of WTB taking a keener interest I`d have thought.

Barclays pushing their stock this morning and highlighting Premier.


Daily Mail:

Clients of Barclays woke up, smelled the coffee and piled into Whitbread, 101p better at 4301p.

They responded to a mouthwatering note from its analysts suggesting that the Costa Coffee-to-Premier Inn giant can double its market capitalisation – currently £7.75billion – over the next five years.

The blue-sky forecast comes after Starbucks chief executive and chairman Howard Schultz recently stated that it can double its market cap to £60billion.

Analyst Vicki Stern rates Whitbread the cheapest stock in the leisure sector.
She says the market currently values the international business as zero. Investors buying the shares today are buying a free option on a business that could be worth £2billion in ten years of 560p a share.

She forecasts a doubling of earnings per share over the next five years on the back of a strong macro recovery alongside a return to outperformance by Premier Inn and international success for Costa.

[m.t.glass] 04/4/2014 17:48

c70% of AHCG shares are not in public hands. Does anyone envisage that changing? And dowes anyone see Whitbread (WTB) going beyond the current AHCG joint venture and buying a stake?

[aim_trader] 04/4/2014 14:59

The directors of ValiRx (AIM: VAL), e-Therapeutics plc (AIM: ETX), Oxford Pharmascience (AIM: OXP) and Action Hotels (AIM: AHCG) will be presenting on
Thursday the 10th April 2014 at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

REGISTER HERE:

[philanderer] 04/4/2014 09:05

Results monday , and just a reminder that Action Hotels announced a dividend on Wednesday, January 22nd

Dividend of 0.96p per share......dividend yield of 1.52%.


The ex-dividend date is Wednesday, May 7th.

Record date 9th may

AGM 29th may for approval

Pay date 30th may

[philanderer] 03/4/2014 19:52

Action Hotels serving the middle market in the Middle East

By Ian Lyall April 03 2014, 3:00pm

Action Hotels (LON:AHCG) is living up to its name with its fast pace of progress.

Wednesday saw the unveiling of a mock-up of the firm's first Premier Inn room, signalling a key milestone in the development of the operation in King Faisal Road, Sharjah.

There is a serious purpose constructing a fully-fledged suite in what is essentially a building site.

It allows both operator and owner to agree and sign-off the specification of this latest iteration of the popular and flexible budget format. This is the first of Premier Inn's 'new room' designs to be installed outside of the UK.
The attention to detail is such that even plug placement and the size of wardrobes are scrutinised.

"This is a very important hotel for us as it is the first following our London IPO," said Action chief executive Alain Debare.

"It is also our first Premier Inn, so it is a new adventure."

Opening in the fourth quarter, Premier Inn, Sharjah, will have 166 rooms.
This is Premier Inn owner Whitbread's sixth Middle East hotel, but it is the first time it has teamed up with Action, which is building an impressive three and four-star portfolio in locations in the Gulf Arab States. Premier Inn is in a joint venture with Emirates Group on the roll-out of their hotels throughout the Middle East.

This progress has been recognised by Premier, whose regional managing director, Darroch Crawford, joined Debare for the unveiling.

"We have very ambitious plans in the region and one of the ways we are going to help to grow the brand is working with Action. That is a really important relationship," he said.

Over the next 36 months, there are plans for four Premier Inns, three Ibis hotels, and a Staybridge.

The operating companies involved tender on a hotel-by-hotel basis to partner with Action on a 10- 20-year management contract based on a percentage of revenues and profit.

Local rules on ownership coupled with Action's ability to source prime development sites mean established hotel operators have been keen to partner with the group.

Last month Action Hotels completed its first development in collaboration with the giant InterContinental Hotels Group (IHG) following the successful opening of the Holiday Inn Muscat Al Seeb in Oman, where it also owns an Ibis branded operation.

Debare and his team are thought to be very encouraged by the Holiday Inn's initial performance.

Muscat is the pair's first partnership with IHG and will be followed by the Staybridge Suites Rawdath Abu Dhabi next year.

Action is building an impressive mid-market branded offering in the Middle East, a region more associated with some of the most opulent venues in the world.
Action listed on AIM in December at 64p a share, valuing the business at just shy of £95mln. Today the stock is changing hands for 75p.

A rarity for AIM, it is a profitable, asset-backed and dividend paying.
The group is chaired by Sheikh Mubarak Al-Sabah, a member of the Kuwait Ruling Family.
His company is a 65% shareholder and it was Sheikh Mubarak who spotted the hotel market in the Middle East as an area ripe for a mid-market (three and four-star) offering.

He and Debare, a former senior executive at Hilton, have taken Action to just over 1,000 rooms. Funds raised as part of the London listing will bankroll the addition of a further 1,500 rooms over the next three years.

The portfolio will be a mix of freehold and leasehold properties. The latter are cheaper to build (US$2-3mln to convert from office space) and quicker to bring online.

The owner-built properties, meanwhile, usually provide a 20-30% uplift in value once they are developed.

As suggested, the Middle East wouldn't appear to be the most natural growth market for three and four star hotels.

However, industry figures reveal the region is woefully underserved. Whereas in the US 64% of hotels are branded mid-scale, in the Middle East the figure is only 22%.
At the moment the sector in the region is dominated by private, unbranded operations of often-dubious quality.

So, Action has found there is ready demand for its concept of branded, intermediate-level hotels offering uniformly good facilities.

Proactiveinvestors.co.uk

[m.t.glass] 02/4/2014 08:28

In advance of which, Norges Bank bought another 2.36m shares on Friday, lifting their stake above 5% (5.39%)


About Norges Bank:

"..The fund has an upper limit of 10 percent on ownership in any given listed company..." ".. investments will typically be held for several years..."

[philanderer] 28/3/2014 09:16

Action Hotels : Premier Inn to open 1st hotel in Sharjah

03/27/2014 | 01:24pm US/EasternRecommend:

Action Hotels, a developer of economy hotels in the Middle East and Australia has partnered with Whitbread'sPremier Inn, the UK's biggest hotel brand, to launch the first midscale property in Sharjah.

The Premier Inn Sharjah, King Faisal Street will feature 166 rooms and marks one of four already in advanced stages of build in Saudi Arabia, Dubai and Bahrain. The four hotels will offer 590 rooms by 2015, according to a statement.

"Action Hotels have long-since called attention to the fact that regional market dynamics were shifting from a five-star dominated supply and an investor-focus on trophy assets, to travellers demanding quality, affordable accommodation. This is where Premier Inn's mid-scale lodging portfolio is carefully positioned to deliver on all counts," said Alain Debare, CEO, Action Hotels.

Debare and Darroch Crawford, managing director, Premier Inn will address the media at Premier Inn Sharjah, King Faisal Street on April 2 to explain new room specifications and discuss why they are committed to mid-economy hotels. – TradeArabia News Service

[philanderer] 28/3/2014 09:12

oops, spoke too soon.

One 5k sale and the bid`s dropped by 1p

72p - 77p outrageous ;-)

Can deal around 72.5p - 75p

[philanderer] 27/3/2014 19:50

It`s a funny looking chart ;-)

[ukinvestorshow] 21/3/2014 12:49

will be appearing at the UK Investor Show, 5 April 2014 at the , Westminster. Company directors will be attending the show. Be sure to turn up and ask any questions you have. Also attending will be , author of The Darker Side of Blinkx, who will be revealing some material not previously seen elsewhere. All £50 Gold tickets are now sold out, but there are still some £10 tickets left, click the button below to get yours.

[philanderer] 19/3/2014 17:06

As low as I can remember, just 4 sells - 3,000 shares in total.

[philanderer] 14/3/2014 12:22

Still very quiet.

Dealing spread sees to be 73.25 - 74.7

[philanderer] 11/3/2014 16:31

Excellent, thanks very much Aim_Trader.

[aim_trader] 11/3/2014 14:36

VIDEO - Action Hotels is focused on delivering the pipeline
By Charlotte Kan March 11 2014, 1:25pm

Alain Debare, chief executive of Action Hotels (LON:ACT), tells Proactiveinvestors the company's earnings growth will be delivered by the execution of the pipeline.

[shackleton1] 07/3/2014 20:43

Sanlam replaced after 3 months. Expect the new broker to find new investors and drive the share price higher.

[philanderer] 06/3/2014 14:40

How long before new house broker finnCap come out with it`s recommendation ?

Hopefully better than Sanlam`s 'hold' 70p target ;-)

[philanderer] 06/3/2014 12:11

Action Hotels (LON:AHCG) said its Ibis Amman venue received the Innovative Award for Tourism 2013 from the Jordanian Society of Tourism and Travel
It was ranked first by number of guests in the three star category and fourth overall by hotels in the Kingdom of Jordan.

This award underpins Action's strategy of developing the undersupplied three and four star branded hotels within the Middle East.

Chief executive Alain Debare said: "We are delighted to have been recognised by the Jordanian Society of Tourism and Travel for our Ibis Amman.

"Our 158 room hotel, which we opened with Accor in 2009, has continued to grow from strength to strength.

"Its prime location within Amman provides both business and leisure travellers with consistent accommodation at exceptional value for money."

Proactiveinvestors.co.uk

[philanderer] 06/3/2014 10:27

Nice award today and finnCap appointed.

[philanderer] 05/3/2014 20:09

The Muscat Holiday Inn boasts a prime location close to the airport, The Wave development and to the main shopping and business areas.

Pascal Gauvin, IHG's chief operating officer, for India, Middle East and Africa, said: "Oman played a key role in the launch of the Holiday Inn brand in the Middle East region so, together with Action Hotels, it is fantastic to be able to bring the brand back to a country where it has so much history.

"We have worked very closely with Action Hotels to develop what is a great example of a Holiday Inn hotel which, along with the power of the iconic brand, will deliver a superior guest experience and drive great returns."

Proactiveinvestor.com(Aus)