. - Revenues from hotel operations in Q1/2019 amounted 88.15 million baht increased by 9.18 million baht or 11.62% from 78.97 million baht in Q1/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
. - Revenues from hotel operations in Q2/2019 amounted 71.35 million baht increased by 8.98 million baht or 14.40% from 62.37 million baht in Q2/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
by 29.8% YoY to THB 2,233mn mainly from the expansion of the hotel business through new hotel launches and through new acquisitions • EBITDA and EBITDA margin were THB 509mn and 22.8% respectively
and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 9% YoY due to stronger performance of Phi Phi Village after completion
, the new subsidiary will be the entity holding the land and building of Eastin Grand Hotel Sathorn Bangkok. The details of the new subsidiary are as follows: Name: EGS Assets Company Limited Registered
operating revenue breakdown by business segment (Unit: Million Baht) 2019 2018 Change Change (%) Sales of real estate 9,291 14,599 (5,308) (36) Revenue from hotel business 1,052 904 148 16 Revenue from rental
mainly relates to no share of loss from Lijiang Banyan Tree Hotel Co., Ltd. (the investment was sold in July 2017), partially offset by loss from Banyan Tree China Pte. Ltd. (the company started to take
117 million has split into 3 transactions and it will be complete after completing the condition stated in the agreement. The first transaction; 51% of total share with the value of USD 2.04 million or
recognized in the future barring any cancellations. The overall revenue from hotel operations which comprise of hotel, golf and retail operations decreased by Baht 216 million over the prior year as a result
period last year due largely to the following: • Revenue from hotel operations which comprise of hotel, golf and retail operations increased by Baht 11 million. This was due to the higher performance of