Royal Palms Beach Hotels PLC 2016 AR2
The report highlights the financial and sustainability performance of Royal Palms Beach Hotels PLC for the fiscal year 2015/16. During the year, the company achieved a record revenue of Rs. 637.3 million, representing a 20.77% increase compared to the previous year, driven by higher occupancy rates. On the environmental front, the hotel advanced its energy-saving initiatives, completing LED lighting installation across 80% of the property and utilizing solar hot water systems. Additionally, the company actively engaged in community development through beach cleaning campaigns, educational training in dining etiquette, and various charitable donations.
Company: Royal Palms Beach Hotels PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 104
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Royal Palms Beach Hotels PLC
Annual Report
The report highlights the financial and sustainability performance of Royal Palms Beach Hotels PLC for the fiscal year 2015/16. During the year, the company achieved a record revenue of Rs. 637.3 million, representing a 20.77% increase compared to the previous year, driven by higher occupancy rates. On the environmental front, the hotel advanced its energy-saving initiatives, completing LED lighting installation across 80% of the property and utilizing solar hot water systems. Additionally, the company actively engaged in community development through beach cleaning campaigns, educational training in dining etiquette, and various charitable donations.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available