City Lodge Hotels Ltd 2022 IR
The report highlights City Lodge Hotel Group's recovery and resilience during the 2022 financial year, marked by the reopening of all 56 South African hotels by February 2022 and a 117% increase in revenue to R1.10 billion. The group successfully completed the disposal of its East African operations for R468.6 million, significantly improving liquidity and reducing debt. Key sustainability achievements include generating 2.1 million kWh of self-generated solar energy across 25 hotels and committing to 100% cage-free eggs by 2025. Additionally, the group launched the Whispa Gender-Based Violence employee-assistance programme and onboarded 36 youth through the YES programme.
Company: City Lodge Hotels Ltd
Sector: Hospitality & food services
Country: South Africa
Year: 2022
Type: IR
Pages: 220
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City Lodge Hotels Ltd
Integrated Report
The report highlights City Lodge Hotel Group's recovery and resilience during the 2022 financial year, marked by the reopening of all 56 South African hotels by February 2022 and a 117% increase in revenue to R1.10 billion. The group successfully completed the disposal of its East African operations for R468.6 million, significantly improving liquidity and reducing debt. Key sustainability achievements include generating 2.1 million kWh of self-generated solar energy across 25 hotels and committing to 100% cage-free eggs by 2025. Additionally, the group launched the Whispa Gender-Based Violence employee-assistance programme and onboarded 36 youth through the YES programme.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Oct 31, 2022
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
Women on Board
Women in Management
Workplace Fatalities
Employees