Hotelest Ltd 2016 AR2
The report outlines Hotelest Limited's activities and financial performance for the fiscal year 2016, focusing on its subsidiary Constance Hotels Services Limited (CHSL). Despite challenges such as temporary hotel closures for renovations and competitive conditions in the Maldives, the group achieved a consolidated EBITDA of MUR 937 million. The company demonstrated its commitment to corporate social responsibility through Fondation Constance, which funded projects in education, socio-economic development, and health, benefiting 483 direct beneficiaries and 14 NGOs. Additionally, the group maintained its focus on corporate governance, risk management, and environmental protection initiatives like the Green Globe Programme.
Company: Hotelest Ltd
Sector: Consumer Discretionary
Country: Mauritius
Year: 2016
Type: AR2
Pages: 80
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Hotelest Ltd
Annual Report
The report outlines Hotelest Limited's activities and financial performance for the fiscal year 2016, focusing on its subsidiary Constance Hotels Services Limited (CHSL). Despite challenges such as temporary hotel closures for renovations and competitive conditions in the Maldives, the group achieved a consolidated EBITDA of MUR 937 million. The company demonstrated its commitment to corporate social responsibility through Fondation Constance, which funded projects in education, socio-economic development, and health, benefiting 483 direct beneficiaries and 14 NGOs. Additionally, the group maintained its focus on corporate governance, risk management, and environmental protection initiatives like the Green Globe Programme.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
May 11, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available