Mac Hotels has informed that the management team of the hotel is making every effort to enable the company take advantage of its enormous growth potential and thus create wealth for shareholders. This objective is being achieved through a slew of measures. One such measure is increasing the inventory of rooms. The company had an inventory of 52 rooms as on 30th September 2018. On 1st October 2018 another 26 rooms were added taking the inventory to 78 rooms. Further on 1st January 2019 another 160 rooms were added taking the total inventory to 238 rooms. On March 27 2019 the company added another 11 rooms and now the company has added another 15 rooms taking the inventory of rooms to 264. The plans are to keep on adding rooms with a target of 500 rooms to maximize occupancy potential. The company is making strong efforts to increase the average rate per room as well as the occupancy rates which will result in higher revenues and profits.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Indian Hotel | 844.90 |
| EIH | 409.15 |
| Chalet Hotels | 954.05 |
| Mahindra Holi.&Resor | 361.10 |
| Lemon Tree Hotels | 149.95 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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