S Hotels and Resorts PCL (SET: SHR), a leading hospitality investment and management company and the hospitality arm of Singha Estate PCL (SET: S), has announced the latest phase of its “3P” (“Profit, Portfolio, Planet”) strategy in the United Kingdom, with significant renovations at several hotels in key cities, including Mercure Manchester Piccadilly Hotel, Mount Royal Hotel Edinburgh, and The Grand Hotel Leicester, plus extensive upgrades at another eight hotels.
S Hotels and Resorts Prepares for Public Offering of 3-Year Debentures via 3 Leading Financial Institutes newswit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswit.com Daily Mail and Mail on Sunday newspapers.
S Hotels and Resorts PCL (SET: SHR), the global hospitality company from Singha Estate PCL (SET: S), announced accelerating total revenue from services of THB 4,821 million (+28% YoY), and jumping adjusted EBITDA of THB 1,112 million (+74% YoY) for the first half of 2023. The performance was derived from 69% occupancy rate of the overall portfolio in the first six months of 2023, compared with 54% occupancy rate recorded during the same period in the previous year, and an increase of 11% in average daily rate (ADR) from the first half of 2022.
Singha Estate to Offer 3-Years Debentures with Coupon Rates of 5.00% per Year to the General Investors through 4 Leading Financial Institutions, Revealing a Bustling Response from Investors Indicating Confidence in Growth Opportunities and 5-star
Singha Estate is Set to Issue 3-Year Debentures with Interest Rates between 5.00 - 5.10% per Year and Payable every 3 Months, Highlights the Investment Grade Rating.Expected to be offered to the general investors in August through 4 leading