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Dusit enters luxury villa rental market

Dusit Thani Public Company Limited (DTC), a Thailand’s hotel and property development companies, has expanded into the high-end vacation rental market through the full acquisition of Elite Havens, a provider of high-end vacation rentals in Asia. | eTurboNews | Travel News | Business Travel News ....

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Dusit Thani Public Company Limited announces 2020 financial results,

Dusit Thani Public Company Limited (DTC), one of Thailand s leading hotel and property development companies, has announced its 2020 performance, posting a loss of 1,011 million baht, mainly due to coronavirus restrictions limiting international travel and bringing global tourism to a halt.
While the company ran at a loss in 2020, this was to be expected following ongoing travel restrictions and the temporary Q2 closure of our owned and managed properties in line with country-specific government directives to prevent the spread of the virus, said Ms Suphajee Suthumpun, Group CEO, DTC. However, our shrewd assessment of the situation, coupled with our stringent cost controls, programmes for enhanced revenue generation, and strategy to diversify our business risks by investing in various lines of business, meant we were able to significantly reduce the impact on our operations overall. ....

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