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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Action Hotels | AHCG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 23.20 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 23.20 | 23.20 |
| Top Posts |
|---|
Posted at 12/9/2016 12:07 by sophiegb Proactive Investors is here: |
Posted at 17/7/2015 10:15 by proactivest Video interview with CEO Alain DebareThe chief executive of Action Hotels (LON:AHCG), Alain Debare, says the company remains on track to open 16 hotels and 2,820 rooms by 2017. “There’s a lot of focus on making sure we get these hotel deals complete on time and to budget,” said the CEO. “But we’re on track to meet that target. Today the firm told investors that adjusted gross operating profit was up 11% at US$11mln in the six months to June 30. Earnings before interest, tax and depreciation advanced 14% to US$8.7mln on total revenues of US$21.6mln. Its three and four star chain, which is focused on the Middle East and Australia, said occupancy rates at mature operations were above 80%. |
Posted at 02/10/2014 22:49 by davidosh Just to let you all know that Action Hotels will be presenting to investors on Friday 7th November and have a stand for the day during the three day Mello2014 investor show in Derby Conference Centre. See www.mello2014.comYou are all very welcome to join the hundreds of investors attending and the list of keynote speakers has been acclaimed as the best ever at an investor conference. www.mello2014.com |
Posted at 02/9/2014 06:02 by m.t.glass Accor and Action Hotels announce largest ibis development in Australasia - ibis Brisbane Elizabeth StreetDate Published: 02/09/2014 The announcement of the 368-room ibis Brisbane Elizabeth Street hotel took place at the Sofitel Brisbane Central today (Tuesday 2 September) with Accor Pacific Chief Operating Officer Simon McGrath, Managing Director of AHC Australia, Andrew Nehme and Brisbane Lord Mayor Graham Quirk. Accor and Action Hotels plc have been working together in economy hotels in Australia and the Middle East since 2006, and currently have five operating ibis hotels and a further three due to open by the end of 2016. In Australia, Action Hotels plc own the ibis Glen Waverley hotel in Melbourne which opened in 2007. Simon McGrath, Accor Pacific Chief Operating Officer said, “Accor remains the leader in the economy hotel segment with 60 hotels in the Australian ibis ‘megabrand&rsq “Once operational, Ibis Brisbane Elizabeth Street will add another dimension to the brand growth as the largest ibis hotel in Australasia. We are excited to be part of this key development for Brisbane and look forward to working with Action on another successful partnership,” Mr. McGrath added. Andrew Nehme of Action said, “We are excited about developing another ibis hotel in Australia given the success of our partnership that we enjoy with ibis Melbourne Glen Waverley. The new ibis hotel due to open by 2016 has a prime location in central Brisbane and will be the largest ibis in the region.” Cr Quirk said the $90 million development, which would create more than 400 jobs during construction and 80 positions during operation, would be Action Hotels’ first investment in Queensland, building on a predominately Melbourne-based portfolio. He said the entry of Action Hotels into the Brisbane market was further evidence of the confidence being shown by domestic and overseas companies to invest in Brisbane. “For the past two years our economic development board, Brisbane Marketing, has been spreading the strong message about Brisbane’s hotel investment opportunities,&rdquo “As Australia’s New World City, Brisbane is attracting new hotel developments and this increased supply of hotel rooms improves our ability to attract visitors, as well as providing many new jobs and opportunities for local businesses. Developments such as this represent confidence, appetite and opportunity at home and abroad.” Construction of the multi-million dollar hotel development will commence in later this year with a scheduled opening in early 2016. The ibis located at 40 Elizabeth Street will be one of the most centrally located hotels in the CBD, adjoining the Myer Centre and Queen Street Mall and walking distance to government departments and the Brisbane Casino. The launch of ibis Brisbane Elizabeth Street will build on Accor’s already substantial hotel presence in Brisbane becoming the 14th hotel to open in the destination and complements three existing ibis hotels including ibis Brisbane, ibis Budget Windsor, ibis Budget Brisbane Airport and the recently announced ibis Brisbane Airport hotel also planned to open in 2016. Accor’s latest ibis hotel development announcement in Brisbane comes after the successful launch of the new ibis Adelaide hotel last month (14 August). Representing the new era of ibis in Australasia, the $70 million ibis Adelaide (developed and owned by Hines Property group) offers 311 state-of-the-art accommodation rooms and excellent facilities for both business and leisure travellers. Considered the most innovative economy hotel built in Australia, let alone Adelaide, the latest ibis is also first new-build ibis to be developed in Australia since 2008 and the 60th economy hotel in Accor’s Australian network and the largest. The new ibis Adelaide and upcoming ibis Elizabeth Street in Brisbane add to Accor’s economy ibis megabrand hotel network of ibis hotels (ibis, ibis Styles, ibis Budget) across every other mainland state capital in Australia and over 2,000 hotels encompassing more than 210,000 rooms worldwide. |
Posted at 05/8/2014 09:05 by m.t.glass Tuesday 5 August 2014Mideast Times Action Hotels PLC (LON:AHCG)'s stock had its "buy" rating restated by analysts at Sanlam Securities in a research report issued to clients and investors on Tuesday. They currently have a GBX 96 ($1.62) price objective on the stock. Sanlam Securities' price objective suggests a potential upside of 45.45% from the company's current price. AHCG has been the subject of a number of other recent research reports. Analysts at FinnCap reiterated a "corporate" rating on shares of Action Hotels PLC in a research note on Tuesday. They now have a GBX 110 ($1.85) price target on the stock. |
Posted at 08/4/2014 08:01 by philanderer RNS for thursday`s presentation..'Action Hotels to present at Proactive Investors Forum on Thursday 10 April 2014' Action Hotels plc, a company focused on developing and managing branded economy and midscale hotels in the undersupplied markets of the Middle East and in Australia, will be presenting at the Proactive Investors One2One Forum on Thursday 10th April 2014. The event will be held at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB in the Charles Suite (on the 1st Floor). |
Posted at 07/4/2014 18:56 by philanderer Here we go...The group's broker finnCap, which formally initiated coverage this morning, reckons the stock is worth 110p. Analyst Guy Hewitt told investors: "Action is developing and operating economy hotels in the undersupplied Middle East markets. "Partnering with leading global brand owners [such as] Accor, IHG, Whitbread provides substantial marketing clout and brand loyalty which, coupled with management's operating and local expertise, is already producing strong returns." finnCap Ltd @finnCap @finnCap's Guy Hewett initiates coverage on Action Hotels plc (#AIM:AHCG) today |
Posted at 07/4/2014 15:09 by m.t.glass posted elsewhere by dreamcatcher:Proactive investor - Sanlam has upgraded its price target for Action Hotels (LON:AHCG) to 96p from 70p. 'Action is well placed to build a significant portfolio of hotels in the region, with the group on track for an additional 1,500 rooms (150% growth) over the next 2/3 years. The recommendation also rises to 'buy' from hold'. |
Posted at 04/4/2014 22:43 by philanderer 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. |
Posted at 07/3/2014 20:43 by shackleton1 Sanlam replaced after 3 months. Expect the new broker to find new investors and drive the share price higher. |
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