City Lodge HY numbers - occupancy down
City Lodge reported numbers for the half year to end December last week. This is the affordable segment of the market, it is not the "cheap" end of the market, in other words, a nice balance between quality and price. 900 Rand for the Tower Lodge on Special, per night, 1500 Rand a night for the Courtyard hotels, that is the going "Sandton" rate. Cape Town, the walk in rate for the V&A Waterfront is 1850 Rand per night, that is hardly "cheap".