CIEL Hotel & Resort

6

OWNED AND MANAGED PROPERTIES IN MAURITIUS

1

PRIVATE ISLAND

1

WORLD RENOWNED GOLF COURSE

2

TOUR OPERATORS

3,500

EMPLOYEES
CLUSTER REVENUE

MUR 4,840M

2021: MUR 528M

EBITDA

MUR 1,224M

2021: (MUR 594M)


PROFIT AFTER TAX

MUR 210M

2021: (MUR 2,145M)

MARKET DYNAMICS
AND OUTLOOK

Francois Eynaud

Chief Executive Officer of Sun Limited discusses performance and operating context.

PERFORMANCE & STRATEGY

  • Progress Report for FY22
    • Relaunch of all hotels and resorts when borders open on 1 October 2021

    • Repositioning and rebranding of Sunlife through strategic exercise and enhanced customer experiences

    • Continue to transform Sunlife into a lean, agile and highly digitalised organisation in order to implement productivity gains

    • Leverage on new concepts to generate revenues and differentiate Sun Resorts’ hotels

    • Keep on identifying cost optimisation measures

    • Pursue the property development opportunities

  • Priorities for 2023
    • Roll-out of new Sunlife brand

    • Launch of new customer experiences

    • Finalisation of La Pirogue Residences property project in conjunction with CIEL Properties Development Ltd

    • Finalisation of Ile aux Cerfs Master Plan

    • Implement the strategy to address the industry-wide issue of lack of skilled staff

    • Ensure significant progress on our digitalisation and sustainability road maps

ESG COMMITMENTS

ENVIRONMENT

Many initiatives have been taken to minimise the environmental impact of hotel activities, including wastewater management, organic waste, local produce, an endemic nursery, protecting bees, single use plastic. Energy usage is also a SunCARE priority. In this respect, all Sun’s hotels have been equipped with a vast network of photovoltaic panels (1.5 MW) used to heat hot water without having to impact on the national grid.

MARINE CONSERVATION

SunCARE has partnered with the University of Mauritius (UoM), as well as Western Australia and Tel Aviv universities, to educate, raise awareness, and take measurable action in regard to overfishing, pollution, acidification and other impacts on the local beaches and lagoons. This ambitious project has led to the creation of an International Marine Research Centre at La Pirogue.

IDENTIFIED RISKS AND MITIGATION

STRATEGIC

• Attractiveness of the Mauritian destination with tough competition of other regional destinations

• Geopolitical tensions impacting key source markets

FINANCIAL

• Inflationary pressures could have impact on group performance

OPERATIONAL
• Not being able to attract and retain skilled employees
COMPLIANCE – HEALTH & SAFETY
• Non-compliance or delay in compliance to regulatory obligations or guidelines

OUR ASSOCIATED GROUP PRINCIPAL RISKS SHOW HOW WE MANAGE RISKS AND FIND OPPORTUNITIES