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News tagged with “the erawan group”. Found: 18 tagged news reports.
 

Your Search Returned 18 tagged news reports

 

Mukdahan :: Thailand | 14 days ago

Credibility Credibility of 5

Bt1.5 billion to open 25 Hop Inn hotels across the Kingdom through next year, a strategic move to put more focus on the fast-growing lower-priced segment. It claims Hop Inn will be Thailand's first budget hotel brand offering high service standards.

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Bangkok :: Thailand | 5 months ago

Credibility Credibility of 5

Results highlights The sharply reduced 3Q13 loss was led by hotel revenue growth, fatter GM and a lower SG&A/sales ratio. In YoY terms, hotel income rose 17% to Bt1bn in 3Q13up by 6percent for the Bangkok luxury segment, by 31percent for the luxury

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Bangkok :: Thailand | 9 months ago

Credibility Credibility of 5

Following the 2Q13 sell-off, ERW trades at 38% below its replacement value of Bt6.27/share...New budget hotels under proprietary brand "HOP INN" After two years of feasibility studies and team-building, ERW will launch "budget" hotels (lower priced

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Ubon Ratchathani :: Thailand | 9 months ago

Credibility Credibility of 5

00 am The Erawan Group, a listed hotel developer, is spending Bt2 billion on expanding its network into the budget-hotel segment with 30 openings through 2015 under its new Hop Inn brand. The first opening will be during the second or third quarter

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Bangkok :: Thailand | 10 months ago

Credibility Credibility of 5

The Chinese migrant built his fortune from nothing and won recognition as a leading expat businessman in Thailand. His family started off in the liquor and construction businesses before diversifying into sugar milling and finance about 50 years ago.

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Bangkok :: Thailand | 12 months ago

Credibility Credibility of 5

Core operational losses in 2Q-3Q13 low seasondue to renovations at the Grand Hyatt Erawan Bangkokare not an issue. There is scope for earnings upside from management's anticipated announcement of a new business model (expected in May). Pegged to the

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Hong Kong :: China | 12 months ago

Credibility Credibility of 5

Q13 international tourist arrivals soared 19% YoY and 11% QoQ to a record 6.8mn. Major contributors to growth were China (+94% YoY), Russia (+26% YoY), Japan (+22% YoY) and India (+18% YoY). As a pure hotel play with exposure to all segments, ERW is

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Bangkok :: Thailand | 1 year ago

Credibility Credibility of 5

As we expected, the firm posted a core profit of Bt82m for FY12 (against a core loss of Bt176m in FY11). Management announced a DPS of Bt0.0189 (slightly above our estimate and the consensus)...Results highlights The 4Q12 bottom-line turnaround was

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Bangkok :: Thailand | over 1 year ago

Credibility Credibility of 5

Chicago-based Hyatt Hotels Corporation announced on Tuesday that its affiliate has entered into an agreement with Grande Asset Hotels and Property Plc, a Bangkok-based real estate development company, for the management of the new hotel. "Bangkok is

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Bangkok :: Thailand | almost 2 years ago

Credibility Credibility of 5

The company declined to reveal how many new properties it would open, but said the business-hotel concept was on the up-trend in Thailand...Sanne Emborg, general manager of the Courtyard by Marriott Bangkok, said the high occupancy rate showed the

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