YTL Hospitality REIT 2021 AR2
The report outlines YTL Hospitality REIT's financial and operational performance for the fiscal year ended June 30, 2021, alongside its commitment to sustainable practices. Despite the severe impact of the COVID-19 pandemic on the global hospitality and tourism sectors, the company proactively managed its diverse portfolio of 15 properties across Malaysia, Japan, and Australia. Key highlights include the implementation of a rental deferral program to support lessees in Malaysia and Japan, and securing government quarantine contracts for its Australian hotels to maintain profitability. The company also aligned its sustainability framework with the YTL Group's four pillars: Environment, People, Communities, and Marketplace.
Company: YTL Hospitality REIT
Sector: Real Estate
Country: Malaysia
Year: 2021
Type: AR2
Pages: 182
YTL Hospitality REIT
Annual Report
The report outlines YTL Hospitality REIT's financial and operational performance for the fiscal year ended June 30, 2021, alongside its commitment to sustainable practices. Despite the severe impact of the COVID-19 pandemic on the global hospitality and tourism sectors, the company proactively managed its diverse portfolio of 15 properties across Malaysia, Japan, and Australia. Key highlights include the implementation of a rental deferral program to support lessees in Malaysia and Japan, and securing government quarantine contracts for its Australian hotels to maintain profitability. The company also aligned its sustainability framework with the YTL Group's four pillars: Environment, People, Communities, and Marketplace.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board