Beachcomber, a leading hotel group in Mauritius, has shown strong performance in the first half of the current financial year, with high occupancy rates recorded in its hotels during the Prime Season.
This positive trend is expected to continue until the end of the financial year, which ends on June 30th of this year.
In the first newsletter of 2024 addressed to Beachcomber’s employees, the financial results indicate the hotel group’s strong financial health.
“Our revenue has increased by 6% compared to the same period last year, reaching Rs 7.4 billion.
The EBITDA, which measures a company’s operational profitability, stands at Rs 2.4 billion, exceeding our own forecasts,” said Stéphane Poupinel de Valencé, Chief Executive Officer (CEO) of Beachcomber.
In the first six months, profits after taxes reached Rs 1.1 billion. Reservation trends remain strong, although the CEO noted the impact of the Middle East war on operations in Morocco.
Despite these positive results, Beachcomber is placing a strong emphasis on reducing the group’s debt, which remains a priority.
In addition to its financial success, Beachcomber is actively working towards obtaining the EarthCheck Gold certification to further its commitment to sustainable development.
“This is one of our main goals for 2024. Obtaining this label for our hotels would be a first in Mauritius,” revealed the CEO.
So far, the headquarters of Beachcomber and eight of its establishments have already undergone audits for this certification. “The preliminary results are very encouraging,” he said.
Furthermore, projects derived from the Artisan Value Proposition will soon be implemented, with the Executive Committee already approving the programs and schedule.
Source: l’Express
