Labadi Beach Hotel pays GH¢16.5m dividend to SSNIT

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abadi Beach Hotel, Ghana’s and Western Africa’s premier five-star hotel, has announced a significant milestone at the Annual General Meeting (AGM) with a dividend payment of GH¢16,509,000 being dividend policy rate to its shareholder, the Social Security and National Insurance Trust (SSNIT).

This achievement underscores the hotel’s commitment to consistent returns and its position as the leader in Ghana’s hospitality sector.

“Our success is a reflection of our dedication to excellence and our promise to deliver value to our stakeholders,” shared Mr. David Eduaful, Managing Director of Labadi Beach Hotel and CIMG’s Marketing Man of the Year 2023. “Every achievement and every guest experience are a testament to the passion and hard work of our entire team.”



This year, Labadi Beach Hotel received prestigious accolades, including the CIMG Hospitality Facility of the Year 2023 award, Five-Star Hotel of the Year (both Regional and National) by the Ghana Tourism Authority, and Hospitality Company of the Year under the auspices of Globe Productions.

Each award celebrates the hotel’s unwavering commitment to providing exceptional service and creating memorable experiences for guests from around the world.

Professor Douglas Boateng, Board Chairman, commended the team’s dedication, noting, “Strong corporate governance and a clear vision have been the cornerstones of Labadi Beach Hotel’s success. Our ongoing achievements are proof that a focus on excellence, guided by sound governance, sets a foundation for long-term industry leadership.”

Looking ahead, Labadi Beach Hotel remains focused on strategic growth and innovation, aspiring to set new standards in hospitality while continuing to honor the trust placed in them by shareholders, partners, and guests. Owned by SSNIT, Labadi Beach Hotel is committed to raising the bar in the industry, serving as an inspiring model of success in Ghanaian hospitality.

“We are excited about what the future holds,” says Eduaful. “With the unwavering support of our Board and the resilience of our staff, Labadi Beach Hotel will continue to reach new heights, redefining excellence in every aspect of our work.”

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