Page 2 - Saii Phi News Today

The scenic shores of Naka Island, Phuket witnessed an unprecedented display of unity and environmental dedication recently. Royal Phuket Marina, in collaboration with TYBA (Thai Yachting Business Association), Oceans For All Foundation, Sawanu

S Hotels and Resorts PCL (SET: SHR), a leading hospitality investment and management company and the hospitality arm of Singha Estate PLC (SET: S) is starting to write a historic new chapter as it aims to exceed THB 10 billion in revenue for the first time in 2023 - an increase of 20% compared to last year’s impressive figure of THB 8.7 billion. This projection is based on robust business strategies and economic tailwinds created by the rebound of travel and tourism.

SET-listed S Hotels & Resorts (SHR) is expecting 10 billion baht in revenue this year, a record high and an increase of 20% from last year.

Net profit of THB 98 million up 141%, accelerating its ultra-luxury property segment leadership with “SIRANINN Residences” almost sold out after notching sales of THB 2,900 million prior to its official launch.

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Luxury hotel group selects IDeaS to obtain greater levels of forecast accuracy and enhanced daily pricing optimisation.

IDeaS, a SAS company, the world’s leading provider of hotel revenue management software and services, announced the luxury hotel group S Hotels has implemented its software to enhance the profitability of three key properties in Thailand.

The company returns to profit-making for the first time after five-consecutive loss-making quarters, pushing the second half results to surpass the full-year target, driven by 4 businesses across the portfolio together with the new housing project.

Several weeks after authorities reopened what is one of Thailands most popular tourist attractions to the world for the first time since June 2018 following a massive rehabilitation program, dozens of tourists trudge down a newly erected boardwalk to Maya Bay, making their way to the celebrated white-sand beach, phones at the ready as they pose for photos.

From Friday, Singaporeans will find it much easier to visit Thailand when it scraps its much-criticised Thailand Pass or pre-travel registration process for tourists. Face masks need not be worn in public either. Read more at straitstimes.com.