Asian Hotels and Properties PLC 2014 AR2
The report highlights Asian Hotels and Properties PLC's performance for the fiscal year 2013/14, during which the company maintained its leadership position in Sri Lanka's hospitality sector. The group recorded a 5% revenue growth to Rs. 8.2 billion, driven by its Cinnamon city hotels which held a 51% market share among Colombo's five-star hotels. Cinnamon Grand Colombo achieved an average occupancy of 76% and successfully hosted the Commonwealth Business Forum during CHOGM 2013. Additionally, the company continued its commitment to sustainability, with Cinnamon Grand being recognized as the first five-star hotel in Sri Lanka to maintain uninterrupted ISO certifications for eight years and Nuga Gama being recertified as a carbon-neutral venue.
Company: Asian Hotels and Properties PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2014
Type: AR2
Pages: 200
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Asian Hotels and Properties PLC
Annual Report
The report highlights Asian Hotels and Properties PLC's performance for the fiscal year 2013/14, during which the company maintained its leadership position in Sri Lanka's hospitality sector. The group recorded a 5% revenue growth to Rs. 8.2 billion, driven by its Cinnamon city hotels which held a 51% market share among Colombo's five-star hotels. Cinnamon Grand Colombo achieved an average occupancy of 76% and successfully hosted the Commonwealth Business Forum during CHOGM 2013. Additionally, the company continued its commitment to sustainability, with Cinnamon Grand being recognized as the first five-star hotel in Sri Lanka to maintain uninterrupted ISO certifications for eight years and Nuga Gama being recertified as a carbon-neutral venue.
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Document Details
Report Year
2014
Reporting Period
Apr 1, 2013 - Mar 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Employees