City Lodge Hotels Ltd 2021 IR
The report details City Lodge Hotel Group's performance and strategic recovery during the 2020-2021 financial year amid the COVID-19 pandemic. Key highlights include raising R1.2 billion through a successful rights offer to settle B-BBEE debt and support liquidity, and the opening of the new-concept, four-star Courtyard Hotel Waterfall City, which achieved a Green Star 4-star Custom Design rating. The group also expanded its food and beverage offerings, including a new gourmet pizza range, and implemented contactless guest technologies like online check-in. Additionally, the group announced the post-year-end disposal of its East African hotel portfolio to reduce debt and focus on its southern African operations.
Company: City Lodge Hotels Ltd
Sector: Hospitality & food services
Country: South Africa
Year: 2021
Type: IR
Pages: 172
Back to company
City Lodge Hotels Ltd
Integrated Report
The report details City Lodge Hotel Group's performance and strategic recovery during the 2020-2021 financial year amid the COVID-19 pandemic. Key highlights include raising R1.2 billion through a successful rights offer to settle B-BBEE debt and support liquidity, and the opening of the new-concept, four-star Courtyard Hotel Waterfall City, which achieved a Green Star 4-star Custom Design rating. The group also expanded its food and beverage offerings, including a new gourmet pizza range, and implemented contactless guest technologies like online check-in. Additionally, the group announced the post-year-end disposal of its East African hotel portfolio to reduce debt and focus on its southern African operations.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 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
Water Consumption
Women on Board
Women in Management
Employees