Central Plaza Hotel - In-Line 1Q25 Earnings; 2Q25E Profit to Fall YoY and QoQ
The near-term core profit outlook is weak, with the 1Q25 performance flat YoY and expected to decline both YoY and QoQ in 2Q25E due to the impact...
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Central Plaza Hotel - Clear Signs of Weak Tourist Demand, Particularly in Pattaya
We have a negative view on the lower-than-expected 1 Q2 5 E RevPAR, particularly from the hotels in Pattaya due to a decline in Chinese tourists.
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Central Plaza Hotel - Revised Earnings Upward Due to an Improved Outlook
We maintain an Outperform rating and raise the fair value to Bt39.00, based on a required return of 4.0% (previously Bt38.75 based on a required...
354 Views
Central Plaza Hotel - Upbeat 4Q24 Earnings Thanks to JV Japanese Restaurants
We remain positive on the stock’s fundamentals, given the significant market price upside potential of +37%. At the same time, the tactical...
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Central Plaza Hotel - Upbeat 4Q24E CP Due to Reduced Pre-Opening Expenses
The 4Q24E core profit is expected to have exceeded our previous forecast due to lower pre-opening expenses, reflecting the slower- than-expected...
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