Asian Hotels (East) Ltd 2018 AR2
The report details the financial and operational performance of Asian Hotels (East) Limited for the fiscal year 2017-18. The company operates Hyatt Regency Kolkata and, through its step-down subsidiary, Hyatt Regency Chennai. Despite challenges like the liquor ban and GST implementation, Hyatt Regency Kolkata sustained its leading position in the wedding business and enhanced its RevPAR. The company also engaged in various CSR activities under the 'Hyatt Thrive' umbrella, focusing on education, healthcare, and youth empowerment, and spent over 2% of its average net profits on CSR initiatives.
Company: Asian Hotels (East) Ltd
Sector: Hospitality & food services
Country: India
Year: 2018
Type: AR2
Pages: 112
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Asian Hotels (East) Ltd
Annual Report And Accounts
The report details the financial and operational performance of Asian Hotels (East) Limited for the fiscal year 2017-18. The company operates Hyatt Regency Kolkata and, through its step-down subsidiary, Hyatt Regency Chennai. Despite challenges like the liquor ban and GST implementation, Hyatt Regency Kolkata sustained its leading position in the wedding business and enhanced its RevPAR. The company also engaged in various CSR activities under the 'Hyatt Thrive' umbrella, focusing on education, healthcare, and youth empowerment, and spent over 2% of its average net profits on CSR initiatives.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees