Luxury hotel operator controlled by Mauritian Lagesse family posts $127 million half-year revenue
LUX Island Resorts posts $127 million half-year revenue as tourist arrivals boost occupancy and profits across Indian Ocean resorts.
LUX Island Resorts
Tourist arrivals help Mauritian Lagesse family-controlled LUX Island post $12.5 million profit
This boost in profit comes alongside a 16 percent increase in revenue, which rose from $99.6 million to $115.7 million in the first half of the year.
Mauritian tycoon Arnaud Lagesse-led IBL Group posts $36 million in profit in H1 2022
The Mauritius-based conglomerate recorded a triple-digit increase in profit in the first half of its 2022 fiscal year.
Led by Mauritian Lagesse family, LUX Island Resorts posts $9.7 million in profits in Q2 2022
Lux Resorts is a leading luxury hotel operator with properties and operations in Mauritius, the Maldives, China, France and Vietnam.
Led by influential Mauritian Lagesse family, LUX Island Resorts suffers $7.51-million loss in Q1 2022
During the quarter, the group’s revenue surged by 107 percent.