Comstock Holding Companies Inc

Comstock Holding Companies Inc (CHCI) News & Events

$16.810

-0.452 (-2.69%)At close

CHCI News

CHCI Events

9/3 08:30

Comstock Holding Transfers Hotel Management to Davidson Hospitality Group

Comstock Holding announced that, effective October 1, all management and operational responsibilities for the JW Marriott Reston Station hotel will transition from Crescent Hotels & Resorts to Davidson Hospitality Group.

9/1 09:30

Comstock Holding Signs 12,000 Sq Ft Retail Lease with Backspin

Comstock Holding announced the signing of a 12,000-square-foot retail lease with Backspin at 43811 Central Station Drive in Loudoun Station. Backspin will introduce a new entertainment and social destination to Loudoun Station, bringing together indoor golf simulators, high-end karaoke, billiards, darts, shuffleboard, private event space, and food and beverage offerings under one roof. The Loudoun Station location will serve as the flagship venue for the brand new concept, with plans in place for future expansion.

8/13 09:30

Comstock Q2 Revenue Rises 74% to $22.6M

Reports Q2 revenue $22.6M vs $12.97M last year. "Our continued focus on strategic growth in Q2 delivered a 74% increase in revenue and significant increases in net income and Adjusted EBITDA, demonstrating the potential of our asset-light, debt free platform," said Christopher Clemente, Comstock's Chairman and Chief Executive Officer. "Underpinning our results is the diversity of revenue sources, as we further leverage our operational capabilities to drive additional growth. Recurring, fee-based revenue from our core business increased in line with the continued expansion of our managed portfolio, supplemented by the continued progress of our institutional venture and data center platforms that each produced drivers of both top- and bottom-line growth. We remain well-positioned to capitalize on this momentum and deliver long-term value for our shareholders."

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