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S Hotels & Resorts' Revenue Surges 18% as Asset Enhancement Strategy Drives Growth

S Hotels and Resorts PCL (SET: SHR, or “the Company”), the global hospitality company from Singha Estate PCL (SET: S), has announced that it generated THB 7,222 million (approx. USD 203 million) in revenue in the first nine months of 2023, a significant increase of 18% from the same period last year. This achievement highlights the continued resurgence of the global tourism industry, from which the Company’s operations have greatly benefited. ....

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S Hotels & Resorts opens SO/ Maldives

S Hotels and Resorts PCL has announced the launch of SO/ Maldives, which becomes the third iconic resort at CROSSROADS Maldives. Opening its doors on 1st November 2023, this luxury lifestyle resort will complement the two popular five-star retreats and world-class facilities at the Indian Ocean’s first and only multi-brand, fully integrated leisure destination, ushering in an exciting new era of hospitality to the Maldives. ....

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S Hotels and Resorts unveils SO/ Maldives, the third iconic resort at CROSSROADS Maldives

S Hotels and Resorts unveils SO/ Maldives, the third iconic resort at CROSSROADS Maldives
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S Hotels & Resorts embarks on major renovation and brand uplift for SAii Resorts in Southern Thailand

S Hotels and Resorts PCL, the global hospitality company from Singha Estate PCL, has announced a major USD 27 million renovation of its resorts in Thailand and Fiji, including an investment of more than THB 500m (approx. USD 14.2m) to reimagine the design, facilities and guest experiences at its three SAii Resorts in Thailand – SAii Phi Phi Island Village, SAii Laguna Phuket, and SAii Koh Samui Choengmon – and FJD 28.5m (approx. USD 12.5m) to upgrade Outrigger Fiji Beach Resort. ....

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S Hotels & Resorts acquires Mercure Glasgow City Hotel leasehold and starts major renovation of properties in Manchester, Edinburgh and Leicester as part of asset enhancement program

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. ....

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