The new business model keeps delivering new business orders and revenue.
Radisson Plaza Hotel Sydney addes a further 362 rooms to the 32,000+ rooms now under ETC management.
Radisson Hotels & Resorts, part of Carlson Hospitality Worldwide, offers access to a further 1,700 hotel, resort, restaurant and cruise ship operations in 82 countries.
Whatever the previous performance of this company as, primarily, a telecom service provider one has to admit that the steady stream of orders is quickly rebuilding the revenue, cashflow and profit streams.
Consequently, the company looks very cheap at current levels.
My sentiment has now turned from hold to buy.
ETC
entertainment media & telecoms corporation limited
