Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin...

35
Central Plaza Hotel Public Company Limited - CENTEL Q1/19 Opportunity Day Presentation

Transcript of Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin...

Page 1: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Central Plaza Hotel Public Company Limited - CENTEL

Q1/19 Opportunity Day Presentation

Page 2: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Agenda

Q1/19 summary performance

Hotel business overview

Food business overview

CAPEX and guidance 2019

Appendix

Page 3: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Consolidated earning Q1/19

THB million Q1/18 Q1/19 % Chg

Total hotel revenue* 2,948.8 2,755.6 -6.6%

Total food revenue 2,792.5 2,887.4 3.4%

Total revenues 5,741.3 5,643.0 -1.7%

EBITDA 1,664.4 1,497.6 -10.0%

EBITDA margin (%) 29.0% 26.5% -2.5%

Net profit 883.0 825.9 -6.5%

Note: excluding non-recurring item

Less: insurance claim (net of tax)** - 80.6 na

Net profit excluding non-recurring item 883.0 745.3 -15.6%

Note: * Total hotel revenue included deferred rental income 24.7 mn per year ** Insurance claim from fire at Central World, Big C Rajdamri and Center One in 2010

Q1/19 Summary Performance Page 3

THB 825.9 mn net profit even Chinese and European down and slow domestic economy

Page 4: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Low gearing & optimized profile

Page 4

Average funding cost of 3.05%

Fixed, 78% USD, 20%

Gearing ratio Dec 2018 Mar 2019

Current ratio 1.1 1.1

Interest bearing debt/Equity 0.5 0.5

Dec 2018 Mar 2019

OD, Short-term loan Debentures Long-term loan

Note: * Included current portion of long-term loan and debentures

*

THB 7.1bn 1.4%

60%

34%

6%

50%

34%

16% Dec 2018 Mar 2019

Financial position

Total liabilities Total equity

52%

48% 53%

47%

THB 26.4 bn 2.7%

Total interest bearing debt

Q1/19 Summary Performance

THB 27.1 bn THB 7.0bn

Page 5: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Hotel business overview

Page 6: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Thailand tourism overview Slightly growth as key markets drop

Hotel Business Overview Page 6 6

Source: Ministry of Tourism and Sport

10.6 8.9 9.1 9.7 10.8

15.4% 9.1% 2.7% 4.3% 1.5%

-200.0%

-150.0%

-100.0%

-50.0%

0.0%

50.0%

-5.0

5.0

15.0

25.0

35.0

45.0

55.0

Q1/18 Q2/18 Q3/18 Q4/18 Q1/19

No. of tourist arrivals Growth yoy

Thailand number of tourist arrivals

Unit: million Drop in Chinese (-2.1%) and European (-2.5%)

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Thailand tourism overview

Page 7

Indian +25% yoy

(Unit : Person) Source: Ministry of Tourism and Sport

Top 10 - International Tourist Arrivals growth Q1/19 (%)

Hotel Business Overview

China 3,107,978

29%

Malaysia 915,922

9%

Russia 615,516

6%

Korea 537,044

5%

Japan 474,225

4%

India 4%

Laos 4%

USA 3%

Germany 3%

France 3%

UK 3% Vietnam

2%

Hong Kong 2% Cambodia

2% Taiwan

2%

Others 21%

Top 15 - International Tourist Contribution Q1/19

-2%

8%

-1%

7% 9%

25%

2% 4%

-7%

3%

Page 8: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Hotel demand and supply in Maldives

Hotel Business Overview Page 8

Strong demand growth from European and Indian

Number of operational beds*

41,137 41,503 42,355 43,660 45,106

9% 7% 8% 8% 10%

-200.0%

-150.0%

-100.0%

-50.0%

0.0%

50.0%

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

Q1/18 Q2/18 Q3/18 Q4/18 Q1/19

No. of operational beds Bed growth yoy

Source: Ministry of Tourism, Republic of Maldives

Note: * included hotels, resorts, guest houses and safari vessels

Unit: beds

Number of tourist arrivals and occupancy rate (yoy)

420,103 306,412 353,944 403,815

482,978

75% 52% 57% 64% 75%

-500.00%

-400.00%

-300.00%

-200.00%

-100.00%

0.00%

100.00%

200.00%

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

Q1/18 Q2/18 Q3/18 Q4/18 Q1/19

No. of arrivals % Occupancy

Source: Ministry of Tourism, Republic of Maldives

Unit: persons

17% 3% 4% 3% 15%

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Maldives tourism overview

Page 9

(Unit : Person)

Source: Ministry of Tourism Republic of Maldives

Top 10 – International tourist arrivals growth Q1/19 (%)

Indian +86% yoy

Hotel Business Overview

China 76,568

16%

Italy 52,848

11%

Germany 37,279

8%

UK 36,116

7%

India 36,053

7%

France 6%

Russia 5%

U.S.A. 3%

Japan 2%

Switzerland 2%

Australia 2% Austria

2%

Korea 2%

Saudi Arabia 1% Malaysia

1%

Others 24%

Top 15 - International Tourist Contribution Q1/19

6%

27%

14% 11%

86%

28%

8%

44%

5%

-1%

Page 10: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Hotel portfolio – 13,477 rooms

Page 10

Upcoming overseas

In operation Pipeline

Thailand Overseas Total Thailand Overseas Total Grand total

Owned 15* 2 17 2 3 5 22

Managed 18 4 22 10 14 24 46

Total 33 6 39 12 17 29 68

In operation Pipeline

Thailand Overseas Total Thailand Overseas Total Grand total

Owned 3,932 252 4,184 412 911 1,323 5,507

Managed 2,593 786 3,379 1,778 2,813 4,591 7,970

Total 6,525 1,038 7,563 2,190 3,724 5,914 13,477

As of March 2019

55% Owned

Total portfolio by rooms

*Including JV and property fund

65% Thailand

41% Owned

Number of hotels Number of rooms

In operation by rooms

86% Thailand

Hotel Business Overview

Page 11: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Pipeline – 5,914 rooms

11 Hotel Business Overview Page 11

AEC, Middle East and Indian Ocean

# of rooms Owned Managed Total

Year 2019E 2021E 2022 E 2019E 2020E 2021E 2022E

Bali 210 210

Cambodia 240 240

China 300 296 596

Doha 509 509

Dubai 601 601

Laos 322 56 200 578

Maldives 310 231 541

Turkey 449 449

Thailand 282 130 329 391 538 520 2,190

Total Rooms 282 731 310 329 1,762 890 1,610 5,914

Total Hotels 1 3 1 2 8 6 8 29

As of March 2019

Summary of pipeline 2019E-2022E

China 596 keys East Asia

Turkey 449 keys West Asia

Bali, Cambodia, Laos and Thailand 3,218 keys Southeast Asia

Maldives 541 keys South Asia

Doha and Dubai 1,110 keys Middle East

Total portfolio: number of rooms by region

*

* Target to open in September 2019

Page 12: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

2,949 2,756

1,324 1,176

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Q1/18 Q1/19

Total Revenue EBITDA before extra items

6.5%

11.2%

Hotel performance

12 Hotel Business Overview Page 12

Soft demand across portfolio & 36-room closure at Samui

42.7%

Unit: THB mn

EBITDA margin 44.9%

Page 13: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Total own portfolio

13 Hotel Business Overview Page 13

RevPar -5.7% from both OCC and ARR

5,690 5,541 4,894 4,615

86.0% 83.3%

50%

55%

60%

65%

70%

75%

80%

85%

90%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Q1/18 Q1/19

Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

5.7%

2.7%

2.6%

Page 14: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Thailand portfolio

14 Hotel Business Overview Page 14

4,671 4,530 4,017 3,750

86.0%

82.8%

50%

55%

60%

65%

70%

75%

80%

85%

90%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Q1/18 Q1/19

Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

6.7%

3.2%

3.0%

RevPar -6.7% from both OCC and ARR

Page 15: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Bangkok portfolio

15 Hotel Business Overview Page 15

Decrease in demand for MICE business during election

3,244 3,299 2,798 2,657

86.3%

80.5%

50%

55%

60%

65%

70%

75%

80%

85%

90%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

Q1/18 Q1/19

Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

5.0%

5.8%

1.7%

Page 16: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Upcountry portfolio

16 Hotel Business Overview Page 16

Chinese & European drop impacted Krabi, Samui, Phuket & Pattaya

5,366 5,111 4,608

4,288

85.9% 83.9%

50%

55%

60%

65%

70%

75%

80%

85%

90%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

Q1/18 Q1/19

Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

4.8%

2.0%

6.9%

Page 17: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Maldives portfolio

17 Hotel Business Overview Page 17

RevPar (USD) -3.2% from ARR

21,492 19,746

18,524 17,956

587 568

86.2% 90.9%

10%

20%

30%

40%

50%

60%

70%

80%

90%

0

5,000

10,000

15,000

20,000

25,000

30,000

Q1/18 Q1/19

Average Room Rate (ARR) Revenue Per Available Room (RevPar) RevPar (USD) Occupancy (OCC)

8.1%

3.1%

4.7%

3.2%

Page 18: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Hotel revenue breakdown by region

Page 18

29.9%

17.1% 17.5%

12.1% 7.7% 6.7% 7.0%

2.0%

29.8%

17.8% 17.9%

12.0%

8.3% 5.6% 6.7% 1.9%

Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others

Q1/18 Q1/19 Total revenue

Q1/19 Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Hat Yai Tak

% RevPar Growth yoy -5.0% -3.1% -4.9% -10.9% 0.7% -14.8% -10.2% -4.6% -16.3%

Hotel Business Overview

done 82% of hotel revenue from Thailand

Page 19: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Food business overview

Page 20: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Q1/19 Food outlet portfolio – 1,003 outlets +11.6% yoy

Page 20 Food Business Overview

Bangkok Upcountry

65% Upcountry

64% Upcountry

Brands # of outlets % Change yoy

KFC 269 9.3%

Mister Donut 365 8.3%

Auntie Anne’s 172 16.2%

Ootoya 46 4.5%

Pepper Lunch 42 27.3%

The Terrace 9 -

Chabuton 19 5.6%

Yoshinoya 22 37.5%

Tenya 10 42.9%

Katsuya 28 33.3%

Cold Stone 18 -10.0%

Aroi Dee 3 na

Total 1,003 11.6%

Number of outlets by location Revenue contribution by location

Page 21: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Food business performance Growth from outlet expansion

Page 21 Food Business Overview

32%

32%

Unit: THB mn

2,793 2,887

341 322

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Q1/18 Q1/19

Total Revenue EBITDA

5.4%

3.4%

EBITDA Margin 11.2% 12.2%

Page 22: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Food business TSS & SSS Negative SSS both Bangkok and upcountry

Page 22 Food Business Overview

Same store sale (SSS) and Total system sale (TSS) Same store sale (SSS): Bangkok vs Upcountry

1.4%

-0.9%

3.3%

-1.7%

-4.1%

-1.6%

0.5%

2.1%

-1.7%

-3.6%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Bangkok Upcountry

-0.6%

0.0%

2.6%

-1.7%

-3.8%

7.9%

10.0%

12.5%

6.5%

3.4%

-6.0%

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

SSS TSS

1Q18 1Q18

2Q18 2Q18

3Q18 3Q18

4Q18 4Q18

1Q19 1Q19

Page 23: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Q1/19 food revenue breakdown

Page 23

KFC, 57%

Mister Donut, 14%

OOTOYA, 8%

Auntie Anne's, 7%

Others, 14% 12%

Q1/19

Food Business Overview

KFC drove revenue growth

(+7.5% yoy) (+2.9% yoy)

(+1.1% yoy)

(+6.1% yoy)

(-13.8% yoy)

Page 24: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Launched new own brand

Page 24

Suki House

Suki House Details

Category Suki homemade style

Opened April 3, 2019

Location Gate Way @ Bang Sue

Market target Scalable

Number of outlets in 2019 4

Target payback period 3 years

Page 25: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

CAPEX & GUIDANCE

2019

Page 26: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

3-year capital expenditure : THB 27bn

Page 26

-

2,000

4,000

6,000

8,000

10,000

2018A 2019E 2020E 2021E

Hotel Food Potential projects

Sufficient funding with loan/bond & operating cashflow

Financial Highlight

2020E 2019E 2021E

Centara Grand Central World

Renovation

&

Enhancement

New Investment

&

Expansion

Centara Grand Samui

Centara Grand Hua Hin*

New investment in food brand(s) & hotel(s)*

Food outlet expansion

2 new Centara Maldives

Centara Dubai

COSI Pattaya

COSI Chiang Mai

CAPEX (THB mn)

Annual renovation for existing hotels

Annual renovation for existing CRG’s outlets

Note: *potential projects are under feasibility study

Page 27: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

CENTEL guidance 2019

Page 27 Financial Highlight

Hotel 2018A* 2019E - Revised

Occupancy 82.6% 83% - 85%

RevPar -0.1% Flat

Food 2018A 2019E - Revised

SSS 0.1% Flat

TSS 9.3% 5% - 6%

Outlet Expansion 7.5% 8% - 9%

Hotel: 2019 • Open new hotel 282 rooms - COSI Pattaya in September • Hotel revenue growth less than RevPar growth due mainly

to major renovation of Centara Grand Samui from June 2019 onwards

Food: 2019 • Three own brands development (Aroi Dee, Suki House and a

light food brand)

*Excluded COSI Samui and Centra Chaengwatthana

Page 28: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Q&A

28 Page 28 Q&A

More Information please Contract: Investor relation department

Central Plaza Public Company Limited 25th Fl, Centara Grand at CentralWorld 999/9 Rama I Rd., Pathumwan Bangkok 10330 Thailand

https://investor.centarahotelsresorts.com/ [email protected]

Page 29: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Disclaimer

This presentation contains certain forward looking statements. Such forward looking statements are not guarantees of future

performance and involve risks and uncertainties, and actual results may differ from those in the forward looking statements

as a result of various factors and circumstances. The views, analyses and opinions expressed herein contain some information

derived from publicly available sources and third party information providers. No representation or warranty is made as to

the accuracy, completeness, or reliability of such information. This presentation should not be relied upon as any

recommendation, view, opinion, representation or forecast of “Central Plaza Hotel Plc.” Nothing in this presentation should

be construed as either an offer to sell, a solicitation of an offer to buy or sell shares or any type of securities in any

jurisdiction. This presentation is not intended to be any type of investment advice and must not be relied upon as such. You

must always seek the relevant professional advice before otherwise making any such financial, legal or commercial decisions.

29 Page 29

Page 30: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Appendix

Page 31: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Hotel revenue by asset type (Freehold & Leasehold)

Page 31 Appendix

0.1

9.7

13.7

34.5

0

5

10

15

20

25

30

35

40

Centara Grand Hua

Hin

Centara Grand

Ladprao

Centara Grand Central

World

COSI Samui

Rem

ain

ing

Year

s

Remaining leasehold life for Thailand hotels as at March 31, 2019

CHBR 7% CGLB

10%

CGCW 20%

37%

0% 0%

46%

17%

2018 hotel revenue

Thailand freehold

Thailand leasehold Maldives leasehold

Page 32: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Page 32 Appendix

Hotels in operation as at March 31, 2019 (1/3) Owned hotels Stars Opened # of Rooms % Ownership Location

1 Centara Grand at Central Plaza Ladprao Bangkok 5 2Q83 565 100% Thailand

2 Centara Grand Resort & Villas Hua Hin 5 1Q86 249 64% Thailand

3 Centra by Centara Hotel Mae Sot* 3 4Q89 120 100% Thailand

4 Centara Hat Yai 4 4Q95 248 100% Thailand

5 Centara Grand Beach Resort Samui 5 2Q96 203 25% in Property Fund Thailand

6 Centara Villas Samui 4 2Q00 102 100% Thailand

7 Centara Villas Phuket 4 2Q00 72 100% Thailand

8 Centara Grand Beach Resort & Villas Krabi 5 4Q05 192 100% Thailand

9 Centara Kata Resort Phuket 4 2Q06 163 100% Thailand

10 Centara Karon Resort Phuket 4 2Q06 335 100% Thailand

11 Centara Grand at CentralWorld 5 4Q08 512 100% Thailand

12 Centara Grand Mirage Beach Resort Pattaya 5 4Q09 555 100% Thailand

13 Centara Grand Island Resort & Spa Maldives 5 4Q09 112 74% Maldives

14 Centara Grand Beach Resort Phuket 5 4Q10 262 100% Thailand

15 Centara Ras Fushi Resort & Spa Maldives 4 1Q13 140 75% Maldives

16 COSI Samui Chaweng Beach Affordable lifestyle 4Q17 150 100% Thailand

17 Centra by Centara Government Complex Hotel & Convention Centre Cheang Watthana

3 4Q12 204 100% Thailand

Total owned hotels 4,184

*Rebranded from” Centara” to “Centra” effective since October 20, 2018

Page 33: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Page 33 Appendix

Hotels in operation as at March 31, 2019 (2/3)

Managed hotels Stars Opened # of Rooms Country

18 Centara Chaan Talay Resort & Villas Trat 4 1Q08 44 Thailand

19 Centara Hotel & Convention Centre Udon Thani 4 2Q10 259 Thailand

20 Centara Q Resort Rayong 4 2Q10 41 Thailand

21 Khum Phaya Resort, Centara Boutique Collection Boutique 3Q10 87 Thailand

22 Waterfront Suites Phuket by Centara Residence 1Q11 39 Thailand

23 Centara Anda Dhevi Resort & Spa Krabi 4 4Q11 135 Thailand

24 Centara Pattaya Hotel 4 4Q11 152 Thailand

25 Centara Nova Hotel & Spa Pattaya 4 4Q11 79 Thailand

26 Centara Koh Chang Tropicana Resort 4 2Q12 157 Thailand

27 Centra Coconut Beach Resort Samui 3 3Q12 55 Thailand

28 Sandy Beach Non Nuoc Resort Danang Vietnam Managed by Centara 4 4Q12 204 Vietnam

29 Centara Watergate Hotel & Spa Bangkok 4 2Q13 281 Thailand

30 Centara Seaview Resort Khao Lak 4 2Q13 250 Thailand

31 Centara Grand Phratamnak Pattaya 5 3Q13 161 Thailand

Page 34: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

Page 34 Appendix

Hotels in operation as at March 31, 2019 (3/3)

Managed hotels Stars Opened # of Rooms Country

32 Centara Blue Marine Resort & Spa Phuket 4 1Q14 266 Thailand

33 Centara Ceysands Resort & Spa Srilanka 4 2Q14 165 Sri Lanka

34 Centra by Centara Avenue Hotel Pattaya 3 4Q14 51 Thailand

35 Centra by Centara Maris Resort Jomtien 3 1Q16 282 Thailand

36 Centra by Centara Phu Pano Resort Krabi 3 4Q16 158 Thailand

37 Centara Azure Hotel Pattaya 4 4Q16 96 Thailand

38 Centara Muscat Hotel 4 2Q17 152 Oman

39 Centara West Bay Residences & Suites Doha Residence 4Q18 265 Qatar

Total managed hotels 3,379

Grand total 7,563

Page 35: Central Plaza Hotel Public Company Limited - CENTEL · Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others Q1/18 Q1/19 Total revenue Q1/19 Bangkok Maldives Phuket Pattaya Hua

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