|Bid||38.000 x 10000|
|Ask||38.650 x 22600|
|Day's range||40.390 - 41.435|
|52-week range||32.120 - 43.600|
|PE ratio (TTM)||46.31|
|Earnings date||27 Jul 2017|
|Dividend & yield||1.18 (2.49%)|
|1y target est||42.63|
Britain's easyHotel has reached an agreement with developers to open more than 500 rooms in Iran, joining other foreign chains that have moved into the country since the lifting of sanctions. The budget chain, which was launched by easyJet founder Stelios Haji-Ioannou in 2004, now operates in Britain, six other European countries and the United Arab Emirates. "There are a number of hotel companies that are looking to expand into Iran.
Short-term rental website Airbnb said on Thursday it had proposed for Paris and other large French cities to create automated limits to ensure its hosts did not rent their property beyond the 120 days a year legal limit for a main residence in France. Airbnb was reacting after a Paris city council decision on Tuesday made it mandatory from December for people renting their apartments on short-term rental websites such as Airbnb to register their property with the town hall. "We had proposed Paris and other large French cities an alternative to the registration with the automatic blocking to 120 nights of lodgings on Airbnb in order to avoid hidden professional use (of the service)," Airbnb spokesman Aurelien Perol told Reurers.
French hoteliers cheered on Wednesday a Paris City Council decision making it mandatory from December for people renting their apartments on short-term rental websites such as Airbnb to register their property with the town hall. The ruling comes as Airbnb, much like its ride-hailing peer Uber, is facing a growing crackdown from legislators worldwide triggered in part by lobbying from the hotel industry, who see the rental service as unfair competition. Airbnb and other rental platforms have also been criticised for driving up property prices and contributing to a housing shortage in some cities such as Paris or Berlin.