Page 42 - CJ 2019 INTEGRATED REPORT

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INPUTS - - OUR OUR VALUE-CREATING USING OUR OUR SIX CAPITALS TO CREATE VALUE VALUE ACTIVITIES
HOSPITALITY BUSINESS MODEL
Financial capital
• Equity: Rs Rs Rs Rs 2 2 2 2 2 969M (2018: (2018: Rs Rs Rs Rs 2 2 2 2 2 200M) • Debt: Rs Rs Rs Rs 1 1 1 1 149M (2018: (2018: Rs Rs Rs Rs 90M)
Human capital
• 11 engaged employees at the cluster management level including 4 highly seasoned managers with an an an average of of 20+ years of of experience in in in hospitality construction and real estate
• 30 employees at at at Silver Wings
• 153 team members at at Anantara IKO Mauritius Resort
Intellectual capital
• Our brands – IKO IKO Mauritius Mauritius and and Anantara Resort
at IKO IKO Mauritius • Silver Wings
Relationship capital
• Our privileged relationships with stakeholders including our our our customers (currently from Mauritius the Middle East and and Europe) our our our 157 suppliers and and our our our privileged local & International partners
• Our engaged relationship with the the local authorities and and the the community at at at large through constant communication and and meetings
Manufactured capital
• A A 5-star 164-key hotel Anantara IKO Mauritius Resort
with world-class facilities
• Our hotel is located on a a a a a a a a a a a a a a leasehold land land at at La Cambuse with a a a a a a a a a a a a 100-metre setback (Leasehold land land Rs 950m and and and PPE 1 1 1 561 M) • Work in progress for 8 Anantara-branded villas as as part of a a rental pool (Rs 115M)
Social and Natural capital
• 30 acres of of leasehold land providing access to 800 metres of of of pristine beachfront
• 65 acres of of freehold adjoining the the leasehold land with direct access to the beach • A unique coastal living concept in in in a a a a a a a a a a location steeped in in in rich history culture and natural beauty
• Blue Bay Marine Park a a a a a a a a a protected zone with a a a a a a a a a rich rich biodiversity
• Natural endemic forest forest with plans for for for a a a a a a a a a coastal forest forest rejuvenation on on leased land • Collaborative and and transparent relationships with the local communities
• Investment in environmental projects through MOUs signed with REEF Conservation and the Mauritius Wildlife Foundation
CURRIMJEE JEEWANJEE AND COMPANY LIMITED
• The cluster owns a a a 5-star 164-room beachfront
resort Anantara IKO Mauritius Resort
& Villas managed by MINOR Hotels (a global hotel management company based in in Thailand) The project is being developed in in a a a a a a a a a phased manner with 8 luxury villas and a a a a a a a a beach club planned in in subsequent phases A combination of local & international experience and and a a a a a a a strong brand enables
the cluster to to offer innovative guest experiences to to discerning travelers • The cluster also benefits from inbound and outbound travels through its travel travel agency Silver Wings
• At the the heart of of our approach
is the the creation of of a a a a a different mixed-use development combining a a a a hotel and residential space on on one property We offer a a a a a a clear and differentiated product grounded in in in wellness sustainability and a a a a a a a unique coastal living concept Our emphasis on on on these key elements positions us as as a a a a destination for holistic wellness enabling us to meet the demands of modern travelers and and and investors whose mindset and and and lifestyle are centred on authenticity culture and and eco- friendliness • The freehold land land adjoining our leasehold land land brings complete permeability in in the various project components on on on a a a a unique beachfront
site set in in in the stunning South East of Mauritius a a a a region rich in in in culture and history