Abu Dhabi National Hotels Company

ADNH

AEA000301019

Hotels, Motels & Cruise Lines

Market Closed - Abu Dhabi Securities Exchange Other stock markets 06:35:03 2024-04-26 am EDT			5-day change	1st Jan Change
0.645 ^AED	+0.31%		+1.26%	-27.57%

Mar. 27	Abu Dhabi National Hotels Completes Takeover of Compass Group JV in UAE	MT
Mar. 12	Abu Dhabi National Hotels Distributes Bonus Shares to Investor Portfolio Accounts	MT

Abu Dhabi National Hotels Company PJSC agreed to acquire 50% stake in Abu Dhabi National Hotels Compass Middle East LLC from Compass Group International B.V.

March 07, 2024

Abu Dhabi National Hotels Company PJSC (ADX:ADNH) agreed to acquire 50% stake in Abu Dhabi National Hotels Compass Middle East LLC from Compass Group International B.V. on March 8, 2024. Prior to the transaction, Abu Dhabi National Hotels Company PJSC (ADX:ADNH) held 50%. AS on March 27, 2024, Abu Dhabi National Hotels announced the completion of regulatory and legal formalities for acquisition.

Latest news about Abu Dhabi National Hotels Company

Abu Dhabi National Hotels Completes Takeover of Compass Group JV in UAE	Mar. 27	MT
Abu Dhabi National Hotels Distributes Bonus Shares to Investor Portfolio Accounts	Mar. 12	MT
Abu Dhabi National Hotels to Take Full Control of Compass Group JV in UAE	Mar. 08	MT
Abu Dhabi National Hotels Company PJSC agreed to acquire 50% stake in Abu Dhabi National Hotels Compass Middle East LLC from Compass Group International B.V.	Mar. 07	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 02	CI
Abu Dhabi National Hotels Announces Collaboration with Kempinski Hotels	Dec. 29	CI
Abu Dhabi National Hotels Announces Collaboration with Marriott International	Dec. 28	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI
Abu Dhabi National Hotels Company PJSC acquired additional 8% stake in Prime Concept Café & Restaurant LLC.	23-08-08	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-08	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-09	CI
Abu Dhabi National Hotels Appoints Alameri as New Chairman	23-02-27	CI
Abu Dhabi National Hotels Company PJSC Proposes Cash Dividend for the Year 2022	23-02-07	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-07	CI
Abu Dhabi National Hotels Company PJSC acquired 35% stake in Prime Concept Café & Restaurants LLC.	23-02-06	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-10	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-05	CI
Abu Dhabi National Hotels Company PJSC Approves Cash Dividend	22-05-11	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-11	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-10	CI
Abu Dhabi National Hotels Company PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-08	CI
Abu Dhabi National Exhibitions Company PJSC cancelled the acquisition of Abu Dhabi National Hotels Company PJSC in a reverse merger transaction.	21-08-29	CI
Abu Dhabi National Hotels Company Pjsc Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-11	CI
Abu Dhabi National Exhibitions Company PJSC made an offer to acquire Abu Dhabi National Hotels Company PJSC in a reverse merger transaction.	21-06-08	CI
Abu Dhabi National Hotels Company PJSC acquired 50% stake in Em Sherif Cafe West Bay LLC.	21-05-05	CI

Chart Abu Dhabi National Hotels Company

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Company Profile

Abu Dhabi National Hotels Company PJSC is a United Arab Emirates-based company engaged in the tourism and hospitality industry sector. The Companyâs main activities include the ownership and management of hotels, and undertaking related services. The Company is organized, along with its subsidiaries, into five business segments: Hotels, Retail services, Catering and contract services, Transport services and Holding. The Company owns seven hotels in the United Arab Emirates, which include Hilton International Abu Dhabi, Hilton International Al Ain, Abu Dhabi Sheraton Hotel, Le Meridien Abu Dhabi, Mercure Jebel Hafeet Hotel, Sofitel Dubai and Park Hyatt Abu Dhabi, which are managed by international hotel operating companies. The Company holds 100% investments in its subsidiary, namely Al Ghazal Transport; 51% in its joint venture, namely Abu Dhabi National Hotels Compass Middle East LLC, and 38.46% in associated company, namely Overseas Tourist Investment Company Limited.

Sector

Hotels, Motels & Cruise Lines

Calendar

2024-06-04 - Q1 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.645 AED

Average target price

0.8095 AED

Spread / Average Target

+25.51%

Consensus

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Sector Other Hotels, Motels & Cruise Lines

	1st Jan change	Capi.
ABU DHABI NATIONAL HOTELS COMPANY	-27.57%	2.2B
MARRIOTT INTERNATIONAL, INC.	+6.80%	69.42B
HILTON WORLDWIDE HOLDINGS INC.	+11.00%	50.54B
INTERCONTINENTAL HOTELS GROUP PLC	+13.31%	16.25B
HYATT HOTELS CORPORATION	+16.03%	15.31B
ACCOR	+22.20%	11.17B
THE INDIAN HOTELS COMPANY LIMITED	+29.70%	9.7B
MINOR INTERNATIONAL	+11.86%	5.05B
HILTON GRAND VACATIONS INC.	+10.35%	4.64B
ASSET WORLD CORP	+23.03%	3.79B

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