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23 articles for Erawan Group PCL/The
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 - Staying bullish on the sector
Expecting higher tourist influx in 2Q23. Looking at stronger performance in 2Q23. Our tourism preferences remain AOT, CENTEL, MINT, ERW, and AWC.
Kalvalee Thongsomaung @ Bualuang Securities 20 March 2023
Erawan Group PCL/The: 4Q22 results beat all estimates
Profit was much higher than our estimate and consensus’. ERW reported a 4Q22 core profit of Bt249m. Hotel revenue was Bt1,717m in 4Q22.
Kalvalee Thongsomaung @ Bualuang Securities 22 February 2023
Thai:Tourism - Re-enter the Dragon! Find the scope for upside at our Tourism Day
Re-enter the Dragon …but when? Managers of major tourism firms and state agencies to speak. Preliminary data show sustained strong growth for 4Q22.
Kalvalee Thongsomaung @ Bualuang Securities 17 January 2023
Thailand: Tourism - Foreign arrivals exceeded 11m in 2022
Foreign arrival growth to Thailand accelerated MoM in Dec 2022. China is reopening sooner than we had assumed. AOT, AWC, ERW have high exposure to China reopening.
Kalvalee Thongsomaung @ Bualuang Securities 11 January 2023
Thailand: Tourism - All systems are go!
Tourism bounces back. 2023 coverage earnings projected at 55% of the 2019 number. Our top picks remain AOT, AWC, and ERW.
Kalvalee Thongsomaung @ Bualuang Securities 30 November 2022
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Thailand
Asia
Consumer Services
About
The Erawan Group Public Company Limited develops and operates luxurious hotels, office buildings and shopping centers in the heart of Bangkok.
