One of Ghana’s top five-star destinations, Labadi Beach Hotel has announced a milestone dividend payment of GH¢16,509,000 to its shareholder, the Social Security and National Insurance Trust (SSNIT), at its recent Annual General Meeting (AGM).
According to the hotel, this achievement underscores its unwavering commitment to excellence and solidifies its position as the flagship of Ghana’s hospitality industry.
“Our success reflects our dedication to delivering unparalleled experiences and value to our stakeholders,” said David Eduaful, Managing Director of Labadi Beach Hotel and the CIMG Marketing Man of the Year 2023. “Every accolade and every satisfied guest are a testament to the passion and commitment of our entire team.”
This year has been one of triumph and recognition for Labadi Beach Hotel. The hotel was honoured with prestigious awards, including the CIMG Hospitality Facility of the Year 2023, Five-Star Hotel of the Year (both Regional and National) from the Ghana Tourism Authority, and Hospitality Company of the Year by Globe Productions. Each award celebrates the hotel’s dedication to creating memorable experiences for both local and international guests, affirming its place as a benchmark of luxury and service in Ghana and West Africa.
Professor Douglas Boateng, Board Chairman of Labadi Beach Hotel, commended the hotel’s strategic vision and governance. “Strong corporate governance, minimal interference from the sole shareholder SSNIT coupled with a commitment to quality, has been the foundation of Labadi Beach Hotel’s achievements,” said Professor Boateng. “This milestone is a testament to what can be accomplished when an organization is guided by excellence and sound governance principles.”
Looking to the future, Labadi Beach Hotel aims to continue setting new benchmarks in Ghanaian hospitality. As it drives forward with a focus on strategic growth and innovation, the hotel’s vision is clear: to redefine industry standards while upholding the trust placed in them by shareholders, partners, and guests alike.
“We’re excited about what’s ahead,” shared Eduaful. “With the support of our Board and the resilience of our team, Labadi Beach Hotel is poised to scale new heights, redefining excellence and luxury at every turn.”
Owned by SSNIT, Labadi Beach Hotel stands as a model of success in Ghanaian hospitality, dedicated to raising the bar in every aspect of its operations.
