We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
The Real Hotel | LSE:RHC | London | Ordinary Share | GB0000477843 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 6813Z The Real Hotel Company PLC 23 July 2008 The Real Hotel Company plc (the "Company", "Group" or "RHC") Completion of the disposal of the Comfort Inn Kensington & the Purple Hotel City of London Following the passing of the resolutions for the disposal of three hotels to a subsidiary of Whitbread plc for £18.6m at the Extraordinary General Meeting of the Company, held on 11th July 2008, the board of the real hotel company plc are pleased to announce the completion of the sale of the first two hotels (being the Comfort Inn Kensington and the Purple Hotel City of London) on 22nd July 2008 for the sum of £11.0m. The third and final disposal in the transaction (being the disposal of the Quality Hotel Westminster for £7.6m) is anticipated to take place no later than October 7th 2008. Proceeds from the combined sales will be used to reduce bank borrowings by £14.5m and provide the Group with further working capital of £3.5m after paying transaction expenses of £0.6m. For further information please contact RHC plc: 020 8233 2001 Michael Prager, Chief ExecutivePaul Mitchell, Chief Financial Officer Adhoc PR 020 7483 0030 Deborah Parritt Notes to Editors: The Real Hotel Company plc (RHC) The Real Hotel Company is more than just a name. It is a statement of the Company's core values. To deliver the rich traditions of hotel keeping to a 21st century market in a low cost environment. In short to be real hoteliers. The Company is an owner, operator and developer of branded hotels in the UK and Europe and operates 58 owned, leased or managed hotels in the UK, France, Germany and Belgium. It also operates the New Connaught Rooms conference and banqueting suite situated in London's Covent Garden. The Company owns the Purple Hotels* limited service brand - 'a real hotel for the price of an inn' which differentiates itself by adding a touch of style and cool to a sector that has, so far, defined itself only by price. It also operates hotels under the franchise Choice brands of Quality, Comfort and Clarion as well as six Stop Inn hotels. The RHC management team has considerable experience in the hotel sector. Michael Prager was Managing Director of Utell International and held senior positions in Intercontinental and Radisson Hotel groups. Paul Mitchell was formerly Vice President of Financial Planning and Control for Europe, Middle East and Africa at Intercontinental Hotel Group in addition to holding senior finance positions in Granada, Forte and Allied Lyons. This information is provided by RNS The company news service from the London Stock Exchange END DISVXLBLVDBLBBE
1 Year The Real Hotel Chart |
1 Month The Real Hotel Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions