City Lodge Hotels Ltd 2020 IR
The report outlines City Lodge Hotel Group's performance and strategic response during the COVID-19 pandemic for the 2020 fiscal year. To mitigate the severe financial impact of the pandemic, the group successfully raised R1.2 billion through a fully subscribed rights offer. Key environmental achievements include completing solar power installations at 25 hotels, which generated 1.6 million kWh of renewable energy, and launching a plastic-free bathroom amenities range. Additionally, the group expanded its footprint with the partial opening of City Lodge Hotel Maputo and the opening of Town Lodge Umhlanga.
Company: City Lodge Hotels Ltd
Sector: Hospitality & food services
Country: South Africa
Year: 2020
Type: IR
Pages: 107
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City Lodge Hotels Ltd
Integrated Report
The report outlines City Lodge Hotel Group's performance and strategic response during the COVID-19 pandemic for the 2020 fiscal year. To mitigate the severe financial impact of the pandemic, the group successfully raised R1.2 billion through a fully subscribed rights offer. Key environmental achievements include completing solar power installations at 25 hotels, which generated 1.6 million kWh of renewable energy, and launching a plastic-free bathroom amenities range. Additionally, the group expanded its footprint with the partial opening of City Lodge Hotel Maputo and the opening of Town Lodge Umhlanga.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Employees