City Lodge Hotels Ltd 2023 IR
The report details City Lodge Hotels' financial and operational recovery for the fiscal year ended June 30, 2023, with revenue increasing by 55% to R1.7 billion and average group occupancy rising to 56%. The company advanced its sustainability initiatives, generating 2.2 million kWh of solar energy across 25 hotels and reducing average water consumption per occupied room by 10%. Additionally, the group achieved a Level 3 B-BBEE rating, up from Level 5, and invested R4.6 million in corporate social responsibility projects. Proactive measures were also taken to address water and energy security through borehole and solar installations.
Company: City Lodge Hotels Ltd
Sector: Hospitality & food services
Country: South Africa
Year: 2023
Type: IR
Pages: 156
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City Lodge Hotels Ltd
Integrated Annual Report
The report details City Lodge Hotels' financial and operational recovery for the fiscal year ended June 30, 2023, with revenue increasing by 55% to R1.7 billion and average group occupancy rising to 56%. The company advanced its sustainability initiatives, generating 2.2 million kWh of solar energy across 25 hotels and reducing average water consumption per occupied room by 10%. Additionally, the group achieved a Level 3 B-BBEE rating, up from Level 5, and invested R4.6 million in corporate social responsibility projects. Proactive measures were also taken to address water and energy security through borehole and solar installations.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
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