Philippine Hotel and Leisure Stocks Up in Today’s Trading

PHILIPPINES – Three of the four listed hotel and leisure firms on the Philippine Stock Exchange (PSE) gained in today’s trading, with the remaining stock ending the day flat.

Boulevard Holdings, Inc. (PSE:BHI) gained 5.56 percent to trade at Php0.057 at the close, leading the pack in today’s session. The stock has a PE ratio of 95.00.

boulevard-holdings

Boulevard Holdings, Inc. (PSE:BHI) was established and incorporated on July 13, 1994 as a holding company with primary interests in the following businesses: ownership of companies involved in the development of hotels and resorts & tourism-related businesses and investments in strategic land locations & rentable real estate properties.

Waterfront Philippines, Inc. (PSE:WPI) inched higher in today’s session to close at Php0.365 a share, a 2.82 percent rise from the previous close.

Acesite (Phils) Hotel Corp (PSE:ACE), meanwhile, managed to secure a gain of 1.82 percent in today’s session to close at Php1.12.

Grand Plaza Hotel Corporation (PSE:GPH)’s stock was flat at Php21.5 a share. – BusinessNewsAsia.com

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