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27 articles for Central Plaza Hotel PCL
Thailand: Tourism - Arrivals in Feb continue to recover
Feb 2023 arrivals equaled 77% of Feb 2019 numbers. Jan-Feb 2023 Chinese arrivals were up substantially. Jan-Feb 2023 hotel RevPAR grew strongly from 4Q22.
Kalvalee Thongsomaung @ Bualuang Securities 28 March 2023
Thailand: Tourism - Slight arrivals dip MoM in Jan-Feb
Jan-Feb 2023 arrivals equaled 58% of Jan-Feb 2019 numbers. Jan-Feb 2023 Chinese arrival substantially up. Stronger-than-expected 4Q22 results, great momentum continues.
Kalvalee Thongsomaung @ Bualuang Securities 1 March 2023
Central Plaza Hotel PCL: 4Q22 results beat all estimates
4Q22 results beat our estimate and the street’s. CENTEL reported a 4Q22 core profit of Bt382m. CENTEL’s hotel revenue improved substantially by 109% YoY.
Kalvalee Thongsomaung @ Bualuang Securities 28 February 2023
Thailand: Hotel - Chinese tourists not the only catalyst ahead
Greater momentum from tourist arrivals. Strong recovery expected for 4Q22 and to continue into 1Q23. Our hotel preferences are CENTEL, MINT, ERW, and AWC.
Kalvalee Thongsomaung @ Bualuang Securities 9 February 2023
Central Plaza Hotel PCL: Deep miss!
3Q22 result was far short of our estimate and the consensus. CENTEL reported a 3Q22 core profit of Bt27m. Given the very low 3Q21 base.
Kalvalee Thongsomaung @ Bualuang Securities 14 November 2022
Thailand: Hotel - Ready for upcoming high season
Room rates beat pre-COVID era levels; occupancy still to catch up. Tourism and MICE are twin 4Q22 drivers. QSR operations should rebound from low 3Q21 bases.
Kalvalee Thongsomaung @ Bualuang Securities 27 October 2022
Details
Thailand
Asia
Consumer Services
About
Central Plaza Hotel Public Company Limited owns and manages hotels and quick service restaurants. The Company operates its hotels under the banner of Centara Hotels & Resorts and franchises western and Japanese quick service restaurants.
