ERW firms on plan to open 14 Hop Inn budget hotels in Thailand, Philippine & Japan this year, to upgrade mid-scale & luxury hotel group to improve room rate, target 5% RevPar growth this year. Comment: It’s genuinely remarkable how consistent this group has been. But let’s see still plenty of time to f things […]

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BCH revises foreign patients to 20% from 16%, boosted by permanent visa waiver for Chinese, firms on 10% revenue growth target this year, adding 300K SSO patients to 1.8m. Comment: Chynaaaaa. Investors/people have written off Chinese tourism to Thailand at their own risk. I wouldn’t be surprised by 4Q24 if it’s already on par w/ […]

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AH’s board approved dissolution of Hyundai Motor Thailand (20% holding), MHTH has not been operation since April 1,2023, no impact on the ongoing operation of the company AOT will extend service hours of Chiang Mai International to 24-hr in November from current 6am till midnight from Nov 1, Thai Vietjet adding direct flight from Chiang […]

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BH: anticipates rec high profit this year, sees int’l patients reached 65% of total rev above pre-Covid level, visa-free scheme for Chinese sets good tone for 4Q. Comment: Yes of course. ERW: completed acquisition of 3 budget hotels in JPN, comprising of 2 project in Iidabashi & Ueno Tokyo and 1 project in Kyoto, target […]

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AOT: Cambodia LCC, Sky Angkor, resumed twice-daily flights to BKK (DMK) from Aug 25. ASIAN’s exploring exporting seafood products to China after it imposed ban on Japan products, sees 3Q turnaround from higher sales to US & EU, wider margin from higher utilization rate, expects pet food pick up in 4Q. Comment: Well the Chinese […]

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AOT: Civil Aviation Authority (CAAT) to finalize SIA’s flight slots for winter schedule (last Sun of Oct-last Sat of Mar) by end of Aug, expects to fills additional 436 flights/d compare to last year, SAT-1 terminal will be launched in a soft opening in Sept. Comment: This is the what happens when you shutdown the […]

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BCP: SSO raised holding by 0.1067% to 15.093% on Jul 10. Comment: Great time to exit. BH firms on double digit revenue growth target, supported by high seasonal 3Q, sets Bt4.3b capex for 150 beds Phuket’s boutique hospital to cod in 2025. ERW sees 3Q OCC ex-Hop Inn steady from 2Q at 80%, ADR higher […]

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AH’s subsidiary in China secured parts orders from Tesla, will start delivery from FY25. Comment: Yup, and they’ll probably get BYD’s in a few years. CI eyes 3-4 new projects worth Bt10b, both condo and detached housing, sets Bt1b capex for landbank. ERW expects full year OCC >80% on positive international travelers momentum & tailwind […]

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CENTEL targets Bt22b revenue this year, on recovering hotel and food business, sets Bt4.4-6.8b capex for 6 new hotels and 120-150 F&B branches. Comment: And they’re going to gobble it all up CH launched ready-to-eat TH deserts, mango sticky rice & banana in coconut milk, under Bangkok Tasty brand, to expand Indonesia & UAE to […]

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COM7 sets 15% revenue growth target this year, 200 new branches, expanding retail business and pet shops, starting in March with 10-20 branches p.a. ERW sees 80% rise in bookings, with booming tourism and domestic travel subsidy to boost revenue growth this year to 45% with >40% OCC growth to 75-80%, sets Bt1.6b capex for […]

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