City Lodge Hotels Limited · JSE:CLH
City Lodge Hotels — H1 2025 Earnings Presentation
18 slides from City Lodge Hotels's earnings presentation, February 2025
Slide 1: Interim results presentation
Interim results presentation FOR THE SIX MONTHS ENDED 31 DECEMBER 2024
Slide 2: Disclaimer
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Disclaimer 2 Certain statements in this document may constitute ’forward • securities, and nothing contained herein shall form the looking statements’. Such forward looking statements reflect basis of any contract or commitment what
Slide 3: Financial highlights
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS 3 Financial highlights Revenue Average R1.02bn Room Rate up 2% up 10% HY2024: R1.00bn HY2024: up 9% Return on equity Profit for the period 10.0% R120m up 0.6% points up 12% HY2024: 9.4% HY2024: R107m Group occupancy Earnings per sha
Slide 4: Operational review
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Operational review 4 • Group occupancy – 57% down four percentage points from HY2024 • Average room rates – up by 10% • Revenue – up by 2% to R1.02 billion (HY2024: R1.0 billion) • Revenue growth by segment o Courtyard Hotels – 9% o
Slide 5: Strategic update
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Strategic update 5 • Capital expenditure of R152 million has been invested during the period, and a further R220 million is planned over the next six months. • The group completed five refurbishment projects during the period • City
Slide 6: Strategic update continued | City Lodge Hotel V&A Waterfront refurbishment
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Strategic update continued | City Lodge Hotel V&A Waterfront refurbishment 6 City Lodge Hotel V&A Waterfront refurbishment
Slide 7: Strategic update continued | City Lodge Hotel Lynnwood refurbishment
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Strategic update continued | City Lodge Hotel Lynnwood refurbishment 7 City Lodge Hotel V&A Waterfront refurbishment
Slide 8: Strategic update continued | City Lodge Hotel Umhlanga Ridge refurbishment
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Strategic update continued | City Lodge Hotel Umhlanga Ridge refurbishment 8 City Lodge Hotel V&A Waterfront refurbishment
Slide 9: Strategic update continued | Town Lodge George refurbishment
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Strategic update continued | Town Lodge George refurbishment 9 City Lodge Hotel V&A Waterfront refurbishment
Slide 10: Strategic update continued | Town Lodge Bellville refurbishment
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Strategic update continued | Town Lodge Bellville refurbishment 10
Slide 11: Group hotel portfolio
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Group hotel portfolio 11 Our upscale Courtyard Hotel This upper midscale style City Modelled on an upper midscale Road Lodge may be an economy brand appeals to business, Lodge Hotel brand delights in hotel offering, the Town Lodge h
Slide 12: Operating footprint
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Operating footprint 12
Slide 13: Group structure
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Group structure 13
Slide 14: Our board
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Our board 14 Standing from left to right Dhanisha Nathoo chief financial officer Lindiwe Siddo chief operating officer Andrew Lapping Stephen Enderle Mathukana Mokoka City Lodge Hotels 6 months ended 31 December 2024 Seated from lef
Slide 15: Our management team
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Our management team 15 Andrew Widegger chief executive officer Dhanisha Nathoo chief financial officer Lindiwe Siddo chief operating officer Tony Balabanoff divisional director operations Zuki Jantjies divisional director sales & ma
Slide 16: Top 20 investors as at end December 2024
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS Top 20 investors as at end December 2024 16 Rank Top20 Investors % Holding 1 Allan Gray 13,94% 83 396 171 2 Enderle SA (Pty) Ltd 9,09% 54 358 553 3 Entertainment Holdings (Pty) Ltd 8,36% 50 001 729 4 Peregrine Capital 5,36% 32 052 3
Slide 17: Outlook
City Lodge Hotels Six months ended 31 December 2024 INTERIM RESULTS 17 Outlook • Positive South African macro-economic outlook over the next 12 months • Upcoming G20 summit later this year, and associated events and activities, will create opportunities for hospitality and provide a boost to consume
Slide 18: City Lodge Hotels
CITY LODGE HOTELS