growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
, excluding Dusit Princess Korat Hotel (for comparison purposes), maintained at the same level as in 3Q17. Dusit Thani Laguna Phuket Hotel and Dusit Thani Pattaya Hotel showing a revenue increase from last year
CPN’s operating results despite the impact on its revenue from rent and services from the major renovation at CentralWorld, the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold
opportunity to accelerate the renovation of Hilton Pattaya from May 2020 to November 2020 to enhance operational efficiency as well as prepare upon re-opening. Central Pattana Public Company Limited
’ Meeting of CPNRF passed a resolution to approve the conversion of CPNRF into CPN Retail Growth Leasehold REIT (“CPNREIT”) and the lease of CentralFestival Pattaya Beach shopping mall (certain parts) and
the recognition of lease right assignment fee albeit a drop in room revenue from lower room inventory due to room renovations of Dusit Thani Laguna Phuket, Dusit Thani Pattaya and Dusit Thani Manila
dropped by 0.7% yoy. The increasing revenues of Dusit Thani Pattaya Hotel and Dusit Laguna Phuket Hotel offsetting news about the closure of Dusit Thani Bangkok Hotel, which caused overall revenue of Owned
% 203.8 6.1% 269.9 8.9% 185 Rajdamri 252.7 16.7% 174.7 38.6% 617.8 18.6% 414.5 13.7% Zire Wongamat 23.5 1.6% 92.6 20.5% 105.8 3.2% 402.2 13.3% UNIXX South Pattaya 57.7 3.8% 37.0 8.2% 798.2 24.0% 496.1 16.4
THB 46.1mn was from other businesses3. Project 2Q18 2Q17 Revenue (THB mn) % of total revenue Revenue (THB mn) % of total revenue UNIXX South Pattaya 271.9 32.7% 178.9 19.8% 185 Rajdamri 173.3 20.9% 78.9
future sky train station, currently under renovation of an area in the 4th floor introducing a new concept of Restaurant zone and 5.) Central Festival Pattaya Beach, is underway of the food zone re