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Action Hotels maiden profit - buy

Tom Winnifrith
Thursday 14 May 2015

Owner, developer and asset manager of branded economy and midscale hotels in the Middle East and Australia, Action Hotels (AHCG) has announced a maiden profit for 2014 and that “the first four months of 2015 have been encouraging”

The results showed a pre-tax profit of $2.23 million on increased revenue of $37.57 million – with a 5% increase in revenue per available room for the company’s established operational hotels.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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