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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
City Lodge Hotels
City Lodge Hotels (CLH) investor relations material
City Lodge Hotels H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary10 Sep, 2026
Executive summary
Revenue increased by 10% year-over-year to R2.2 billion, with group occupancy rising to 58% from 56% in 2025.
Adjusted EBITDAR grew 15% to R675 million, and cash generated by operations rose 20% to R657 million.
Adjusted diluted headline earnings per share increased 20% to 41.6c, while profit for the year was R203 million, down 5% from the prior year.
Financial highlights
Revenue: R2.2bn, up 10% year-over-year (2025: R2.0bn).
Adjusted EBITDAR: R675m, up 15% (2025: R589m).
Cash generated by operations: R657m, up 20% (2025: R549m).
Group occupancy: 58%, up 2 percentage points (2025: 56%).
Profit for the year: R203m, down 5% (2025: R213m).
Outlook and guidance
Occupancy for July and August 2026 reached 59% and 62%, respectively, with year-to-date occupancy up 4 percentage points to 65%.
ARR increased 10% and total revenue grew 10.4% year-to-date up to 9 September 2026.
Continued focus on disciplined refurbishments and environmental resilience projects.
Expansion planned in Western Cape and KwaZulu-Natal; 53-room expansion at CL Waterfall City to start September 2026.
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Latest events from City Lodge Hotels
- Revenue up 13%, profit up 15%, all debt settled, and major refurbishments completed.CLH
H2 2024 - Profit rose 12% on higher room rates, with major refurbishments and a positive outlook.CLHH1 2025
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Next City Lodge Hotels earnings date
H1 202718 Feb, 2027
City Lodge Hotels
Next City Lodge Hotels earnings date
H1 202718 Feb, 2027
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