We aim to be the leading leisure and hospitality company and partner of choice for the world’s premier hotel and tourism groups. This vision will ensure that we continue to be a dynamic, multi-dimensional and financially successful organisation.
The Resort Group PLC was founded on a set of principles that still drive our thinking today.
At the core of the TRG brand is a very disciplined and prudent financial approach. This has always been fundamental to us and has been pivotal in building trust within the industry. We will continue to set ambitious and challenging targets to ensure continuous growth in sales and revenue, while maintaining our commitment to these principles.
In December 2016, The Resort Group PLC was assigned an investment-grade ‘BBB’ Corporate rating with a stable outlook by ARC Ratings (a fully accredited European Commission Rating Agency) due to the Group’s strong business model, partnerships with international hotel brands and low leverage.
The Group has a diversified range of institutional funding sources including listed products, corporate bonds and a property pre-sales model.
Dynamic Decision Making
As a large international company, we believe in and rely upon a very structured and strategic approach to our business. However, we also retain the entrepreneurial spirit that founded the Group and remains a fundamental part of our philosophy, ensuring we continue to maximise our commercial opportunities. This means a dynamic decision making process that steers the Group towards achieving its ambitions effectively and efficiently.
Our success is built on our ability to forge strong relationships with our partners in Cape Verde and internationally to create, develop and operate our Resorts. We take great pride in these relationships and we will continue to work closely with our partners and forge new agreements and brand associations to deliver world-class 5-star Resorts.
Innovation and Creativity
Whether it’s the design of our hotels and resorts, in our marketing or our business partnerships, we believe in the ability to think differently and to continually explore new opportunities. When we set out to design a new project or embark on a new venture, creativity and originality are at the core of our ultimate vision. We do not simply follow the same process each time, we adapt to the specific requirements of the task to create well-conceived ideas leading to commercial success.
From the moment we stepped foot on Cape Verde, we knew it had huge potential as a tourist destination. We have ambitious, but environmentally sympathetic and sustainable, plans in the pipeline, which will continue to drive the local economy, creating more jobs and opportunities for local people. Our Hotels, Resorts, and ancillary services in Cape Verde already make a significant contribution to the local economy and offer much needed employment opportunities, with 97% of employees at our Resorts being Cape Verdean. TRG created The Cape Verde Foundation to make a positive contribution across a variety of projects on the Islands, supporting its people and local communities. The Foundation’s core focus is helping local children, offering them new opportunities and prosperity for the future.