Skyline Investments Inc
TTASE:SKLN170.10
ILA
-3.80
(-2.19%)
Skyline Investments Inc
TASE:SKLN
(Tel Aviv Stock Exchange)
Recent
price
170.10
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Skyline Investments Inc. is a Canada-based investment company specializing in the development, operation, and management of real estate properties, primarily focusing on hospitality real estate investments in the United States and Canada. The company’s core products and services include real estate development; hotel and resort acquisitions, operations, and management; and ancillary hospitality services such as food and beverage, spa, retail, and rental operations. Its hotel portfolio features renowned brands including Courtyard Marriott, Hyatt Regency, and Autograph hotels. Skyline operates through distinct segments encompassing US Hotel and Resorts, Canadian Hotel and Resorts, and Real Estate Development, the latter involving residential and commercial property development, acquisition, and land regulatory approval processes mainly within Canada. Founded in 1998, Skyline is headquartered in Toronto, Canada, with additional offices in Israel. Recently, Skyline has undergone significant operational changes, including the divestiture of 11 Courtyard hotels in September 2024 and the sale of Courtyard Tucson in January 2025, which affected its total revenue from hotels and resorts. Despite these sales, revenue from same assets increased by 15.4% in Q3 2025, driven largely by improved performance at the Autograph hotel following extensive renovations completed in Q2 2024. The company's net operating income (NOI) from same assets increased to C$5.7 million in Q3 2025 from C$4.7 million in the prior-year quarter. These improvements led to an increase in earnings before interest and taxes (EBIT) for Q3 2025 to C$4.2 million, up from C$1.6 million in Q3 2024. Additionally, Skyline's total assets decreased to C$361.7 million as of September 30, 2025, reflecting the impact of asset sales, revaluation, and debt repayments, while net debt slightly increased to C$161.2 million. The company continues to focus on enhancing its hotel portfolio performance and managing capital expenditures effectively to drive sustainable growth. Skyline Investments Inc. is publicly traded on the Tel Aviv Stock Exchange under the ticker SKLN.TA. Its primary target markets include the hospitality and real estate sectors in North America, specifically the United States and Canada. The company maintains a strategic focus on developing destination communities through its hotel and resort operations and real estate development activities. Leadership includes CEO Neha Kapelus and other key executives who oversee asset management, development, and regulatory compliance. With approximately $700 million in assets under management, Skyline positions itself as a comprehensive investment and operating platform within the lodging and real estate management industry. This detailed profile incorporates Skyline’s core business activities, recent strategic divestitures, asset performance improvements, and financial positioning to present a comprehensive view of the company’s current operations and market focus.