the lighthouse hotel plc annual report 2016/17 annual report 2016/17

198 Pages·2017·3.42 MB·English

T
H
E

L
I
G
H
T
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O
U
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Jetwing Lighthouse,
H
Dadella, O
T
Galle, E
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Sri Lanka
P
T: [phone] L
C
F: [phone] A
N
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Jetwing Hotels Limited U
A
Jetwing House, L

46/26, Nawam Mawatha, R
E
Colombo 02, P
O
Sri Lanka R
T
T: [phone] 2
0
F: [phone] 1
6
E-mail: [email protected] /
1
7 ANNUAL REPORT 2016/17
www.jetwinghotels.com

THE LIGHTHOUSE HOTEL PLC ANNUAL REPORT 2016/17 1
2 ANNUAL REPORT 2016/17 THE LIGHTHOUSE HOTEL PLC
The Jetwing
Lighthouse proposition
is an invitation to
enjoy the pleasure of
a premium hospitality
experience.
Phrases such as “pamper yourself”, “sublime relaxation”,
“the ultimate holiday” truly come alive when Jetwing Lighthouse
matches them with “cordon bleu cuisine and service”, “luxurious
accommodation” and “your comfort and satisfaction is all”.
In fact, this is the Jetwing Lighthouse 24/7, 365-day, hospitality
experience – an embodiment of the finest of the finest in every way.
Its successful delivery and its enjoyment in equal measure
have made 2016/17 a special year.
THE LIGHTHOUSE HOTEL PLC ANNUAL REPORT 2016/17 3
4 ANNUAL REPORT 2016/17 THE LIGHTHOUSE HOTEL PLC
A la carte
TTHHEE LLIIGGHHTTHHOOUUSSEE HHOOTTEELL PPLLCC AANNNNUUAALL RREEPPOORRTT 22001166//1177 55
Page: 09 0001 Page: 15 0002
Check in From the
Suite
About Jetwing Lighthouse 11 Letter from the Chairman 16
Jetwing Lighthouse Family 12 Managing Director's Review 22
Page: 49 0005 Page: 59 0006
House Count Hoteliers
Products and Services 50 Demographics 61
Online Platforms 51 Recruitment 62
Health and Safety 56 Training and Development 64
Marketing Communication 57 Health and Safety 69
Compliance 57 Grievance Handling 70
Page: 87 0009 Page: 115 0100
Stewardship Safe Deposit
Board of Directors 88 Financial Calendar 116
Corporate Governance 92 Financial Review 117
Integrated Risk Management 98 Value Added and Distributed 121
Remuneration Committee Report 106 Statement of Directors’ Responsibilities 122
Audit Committee Report 107 Independent Auditors’ Report 123
Related Party Transactions Review 108 Statement of Financial Position 124
Committee Report
Statement of Profit or Loss 125
Annual Report of the Board of Directors on 109
Statement of Comprehensive Income 126
the Affairs of the Company
Statement of Changes in Equity 127
Statement of Cash Flows 128
Notes to the Financial Statements 129
6 ANNUAL REPORT 2016/17 THE LIGHTHOUSE HOTEL PLC
Page: 27 0003 Page: 33 0004
Centrepiece The ‘AAA Five-
Diamond’ Model
Financial Highlights 28 A Model to Success 34
Operational Highlights 30 Operating Environment 36
Strategic Direction 40
Institutional Capital 41
Stakeholders 45
Page: 73 0007 Page: 79 0008
Community Environment
Jetwing Youth Development Project (JYDP) 75 Green Initiatives 81
The Lighthouse Community Pool 75 Energy and Emission Management 81
Jetwing Lighthouse Tuk-tuk Project 76 Water Management 84
Indirect Economic Benefits 76 Waste Management 85
Compliance 85
Page: 173 0101
Check Out
Related Companies which had 174
Transactions with the Company
Names of Directors of Related Companies 177
which had Transactions with the
Company
Information to Shareholders and Investors 179
Ten Year Summary 184
About this Report 186
Organizational Structure 187
GRI Content Index 188
Corporate Information 191
Notice of Meeting 192
Form of Proxy Enclosed
THE LIGHTHOUSE HOTEL PLC ANNUAL REPORT 2016/17 7
8 ANNUAL REPORT 2016/17 THE LIGHTHOUSE HOTEL PLC