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Townhall June 2024

We held our Quarterly Townhall in June, where we communicated on several important topics.  Thank you to everyone who joined the meeting – we hold the townhall quarterly to communicate key business updates in a forum where everyone can come together, either in person or online and your participation and questions are what make these gatherings so valuable.

 

This key takeaways for June 2024 were:

 

  1. LSP Activity is starting to deliver results in some areas.  Three Hotel Managers shared some great insights into what is working well at their Hotels.

  2. Cyber Security remains a top priority, phishing attempts are still received regularly, and we all need to remain vigilant.

  3. Next new opening Marseille is on sale this week, the new Hotel Manager visited the Paris Office today and we are excited to open the doors in September.

  4. Exciting times ahead as we sign new deals for properties in Madrid Fleta and Ferney Voltaire (Geneva Airport).

  5. Trading conditions are currently tough. So we need to continue to focus put extra effort on driving revenue and controlling costs to achieve our goals. Today’s results are tomorrow’s development. However, mindful of the market conditions, as far as bonus computation is concerned, we are considering moving the goalposts lowering on the target for Group Level EBITDA target and we will communicate more on this after the half year.

 

Your feedback and ideas are always welcome, and we encourage you to continue sharing them. Please use the link below if you have feedback regarding how we can improve these meetings or if you have a question relating to the content.

 

We are looking forward to holding the next one in the next few months! 😊



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