Lighthouse Hotel : Annual report for the financial year 2021-2022
June 22, 2022 at 10:25 am
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ANNUAL REPORT
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THE LIGHTHOUSE HOTEL PLC
Passion, humility, integrity, and tenacity - the family values that lends to the foundations upon which our business is built and operated. The Lighthouse Hotel PLC's three properties have welcomed travelers from all over the world, receiving them with the love, care, and warmth that is quintessentially Sri Lankan.
The welcoming smiles and dedication to your comfort shown by our associates at our properties would leave you with no doubt that you are enjoying
the very best of Sri Lanka's southern coast.
INDEX
Overview
About Us
03
Our Hotels
05
Financial Highlights
06
Chairman's Letter
08
Management Discussion and Analysis
Operating Environment
10
Group Financial Review
14
Sustainability Review
18
Stewardship
Risk Management
22
Corporate Governance
30
Board of Directors and their Profiles
35
Remuneration Committee Report
38
Audit Committee Report
39
Related Party Transactions Review Committee Report
40
Annual Report of the Board of Directors
on the Affairs of the Company
41
Statement of Directors' Responsibilities
46
Financial Reports
Independent Auditor's Report
48
Statement of Financial Position
52
Statement of Profit or Loss
53
Statement of Comprehensive Income
54
Statement of Changes in Equity
55
Statement of Cash Flows
57
Notes to the Financial Statements
58
Annexes
Related Companies which had Transactions with the Company
103
Names of the Directors of the Related Companies
which had Transactions
106
Information to Shareholders and Investors
108
Ten Year Summary
110
Real Estate Holdings of the Group
112
Corporate Information
113
Notice of Meeting
114
Form of Proxy
115
ABOUT US
A stone's throw from the historical Galle fort, encircled by the tropical, emerald waters of the Indian Ocean and warm, sun-kissed white sands, The Lighthouse Hotel PLC operates three unique properties along the ever-popular southern coast of Sri Lanka.
Jetwing Lighthouse, the iconic resort of The Lighthouse Hotel PLC, is one of renowned architect Geoffrey Bawa's finest masterpieces, perched on a cliff overlooking the coastline of Galle and operated with Jetwing's legendary hospitality. Alongside Jetwing Lighthouse, it also operates a boutique hotel, Jetwing Kurulubedda, with two private dwellings and four rooms, and the trendy, easy-going,select-service Hotel J in Unawatuna.
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Disclaimer
Lighthouse Hotel plc published this content on 22 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 14:24:04 UTC.
The Lighthouse Hotel PLC is a Sri Lanka-based company. The Company owns and operates Jetwing Lighthouse and Jetwing Kurulubedda, which are targeted at up-market leisure travelers. The Jetwing Lighthouse is the flagship resort in the portfolio, includes approximately five themed suites and 80 luxury rooms, and its cuisine is served at approximately four restaurants and two bars. The Jetwing Kurulubedda is a villa, and includes approximately two dwellings with plunge pools, four deluxe rooms, an infinity pool, and a restaurant that offers culinary experiences. Its Hotel J Unawatuna includes approximately 31 rooms and five dormitories and offers accommodation for families or groups or friends. The Company's subsidiary is Unawatuna Properties (Pvt) Ltd which operates Hotel J Unawatuna.