Chalet Hotels Ltd 2021 IR
The report outlines Chalet Hotels Limited's performance and strategic response during the challenging fiscal year 2020-21. As the company's first Integrated Annual Report, it highlights measures taken to navigate the COVID-19 pandemic, including a 55% reduction in the total cost base and a shift to 51% renewable energy. Chalet Hotels also committed to the Climate Group's EV100 initiative, aiming to transition to electric vehicles by 2023. Despite a significant decline in hospitality revenues, the company maintained positive EBITDA across all quarters through cost-control measures and steady commercial rental income.
Company: Chalet Hotels Ltd
Sector: Hospitality & food services
Country: India
Year: 2021
Type: IR
Pages: 136
Chalet Hotels Ltd
The report outlines Chalet Hotels Limited's performance and strategic response during the challenging fiscal year 2020-21. As the company's first Integrated Annual Report, it highlights measures taken to navigate the COVID-19 pandemic, including a 55% reduction in the total cost base and a shift to 51% renewable energy. Chalet Hotels also committed to the Climate Group's EV100 initiative, aiming to transition to electric vehicles by 2023. Despite a significant decline in hospitality revenues, the company maintained positive EBITDA across all quarters through cost-control measures and steady commercial rental income.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Employees