LONDON (Alliance News) - Action Hotels PLC Thursday said that it has signed a deal to buy a plot of land in Kuwait to build and develop a new four-star 160 room freehold hotel. The hotel operator, which is focused on the Middle East and Australia markets, said the plot of land is in the pri Read More

DIRECTOR DEALINGS: Action Hotels CEO Buys Shares

11th Apr 2014 09:14

LONDON (Alliance News) - Action Hotels PLC Friday said that Chief Executive Alain Debare bought 15,570 shares on Wednesday, at a price of 75.25 pence per share. Debare now holds a total of 253,936 shares in the company, representing roughly a 0.17% shareholding. Action Hotels shares w Read More

Action Hotels Revenue Rises In 2013, But Losses Widen On Costs

7th Apr 2014 08:41

LONDON (Alliance News) - Action Hotels PLC Monday said revenues in 2013 were driven by an increase in occupancy, daily hotel rates and revenue per available room, however its losses widened in the year due to costs associated with its recently listing on AIM. Action Hotels, the recently AIM Read More

Action Hotels Opens First Middle East Hotel Development In Joint Venture With IHG

4th Mar 2014 13:13

LONDON (Alliance News) - Hotel operator Action Hotels PLC said Tuesday said it has opened its first hotel development in the Middle East, in its joint venture with hotel chain giant InterContinental Hotels Group PLC. Action Hotels, the recently AIM-listed hotel operator, said it successfull Read More

UK MORNING BRIEFING: Shares Rebound On Lowered Ukraine Tensions

4th Mar 2014 08:31

LONDON (Alliance News) - Shares have rebound at the open Tuesday, amid reports that Russian President Vladimir Putin has order troops near the Ukraine back to their bases. Miner Fresnillo is down 6.8% at the open as it reported profit more than halved in 2013, thou Read More

UK MIDDAY BRIEFING: Property Companies Lead Markets Higher

17th Feb 2014 13:40

LONDON (Alliance News) - UK property companies are flavour of the day Monday, with commercial property trusts performing well on the back of strong results from Hammerson and housebuilders doing well after Rightmove reported a further surge in house prices. Hammerso Read More

Action Hotels Partners Whitbread To Launch New Middle East Premier Inns

17th Feb 2014 10:12

LONDON (Alliance News) - Action Hotels PLC Monday said it has partnered with Whitbread PLC to further develop the latter's Premier Inn brand across the Middle East, with hotels under the partnership opening in cities including Dubai and Bahrain. Under the deal, Premier Inn, which was establ Read More

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