×

Why Book Direct?

Get the best rate – year round – guaranteed, along with a whole lot more thrown in.

Book Now
Share Price

--.--

Source: Alpha Vantage
(Prices 15 minutes delayed)

View

Company Reports

Arrow

Board appointments and effectiveness

All appointments to the Board are discussed at a full Board meeting and each member is given the opportunity to meet the individual concerned prior to an appointment being made. As permitted by the UKCGC, due to the small size of the Board, it is considered inappropriate to establish a Nominations Committee.

Board effectiveness

The Board, which is set up to manage the Company and Group, meets formally at least six times per year. The Board comprises four directors – three executive and one non-executive. At each Board meeting, the Board receives the latest financial and management information available which generally consists of:

  1. Management accounts setting out actual performance;
  2. Management discussion on current status of the existing Hostels and potential sites under review; and
  3. Working capital cash flow position

The Board reserves to itself a range of key decisions to ensure that it retains proper direction and control of the Company whilst delegating authority to individual directors who are responsible for the day to day management of the business. All directors have access to the advice and services of the Company Secretary and can also seek independent professional advice, if necessary, at the Company’s expense.

Privacy Preference Center

Cookies Used

These are used to track user interaction and detect potential problems. These help us improve our services by providing analytical data on how users use this site.

HotelLng, IDE, __cfduid, __smToken, __smVID, _ceg, _ceg.s, _ceg.u, _ceir, _ga, _gid, _hjIncludedInSample

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?