Showing 1 - 9 of 9
Centara targets 15% revenue growth
Business, Molpasorn Shoowong, Published on 27/11/2025
» Despite a tourism contraction nationwide, Centara Hotels & Resorts (CHR) still expects a 5% year-on-year increase in revenue per available room (RevPar) in 2025, driven by the high season and strong arrivals from European and Indian markets.
Cooperation key to Central's sustainability push
Business, Molpasorn Shoowong, Published on 25/03/2025
» Central Group insists that sustainability initiatives require collaboration between key stakeholders, as sustainable development will likely be impacted by the US presidency of Donald Trump.
Centara to invest B15bn in hotels
Business, Molpasorn Shoowong, Published on 01/03/2025
» Centara Hotels & Resorts (CHR) plans to invest 15 billion baht in hotels over the next three years, while targeting revenue of 15.5 billion baht in 2025.
Tourism Authority of Thailand upbeat on Golden Week
Business, Molpasorn Shoowong, Published on 01/10/2024
» Thailand is expecting up to 183,000 Chinese visitors during this year's Golden Week holiday, representing an 88% recovery from 2019, generating 5.1 billion baht revenue, according to the Tourism Authority of Thailand (TAT).
Centara Life to offer flexible hotel stays
Business, Molpasorn Shoowong, Published on 20/09/2024
» Centara Hotels & Resorts (CHR) is upbeat on the "upper midscale" segment trend as it launches a rebranded Centara Life, with plans to expand in Southeast Asia, Japan and the Middle East.
CPN eyes 20% growth for residential unit
Business, Molpasorn Shoowong, Published on 28/06/2024
» SET-listed Central Pattana (CPN) is targeting 20% annual growth for its residential property business in the coming years, while aiming for 7 billion baht in revenue in 2024 via the high-spending domestic segment in the provinces.
Tourism to steer CPN's H2 results
Molpasorn Shoowong, Published on 18/06/2024
» Retail and property developer Central Pattana Plc (CPN), the operator of Central malls, is banking on a tourism rebound to strengthen retail performance in the second half, especially in major cities.
Centel targets ambitious revenue increase
Business, Molpasorn Shoowong, Published on 14/03/2024
» Central Plaza Hotel (Centel) has allocated capital expenditure of 13-20 billion baht for the next three years, in a bid to double the revenue of its food and hotel business by 2029.
Central upbeat on luxury stores in Europe
Business, Molpasorn Shoowong, Published on 14/03/2023
» Central Group remains confident that its luxury department stores in Europe won't be affected by inflation as they targeted high-end customers, while Centara Hotels & Resorts (CHR) expects its revenue this year to exceed the level recorded in 2019.