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Net profit and loss of leading hotel companies in Thailand in the first half of 2021 (in million Thai baht)

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Sources

Release date

August 2021

Region

Thailand

Survey time period

H1 2021

Supplementary notes

One Thai baht is equal to 0.030 U.S. dollars and 0.026 euros as of September 2021.

The figures have been rounded.

Citation formats

Net profit and loss of leading hotel operators Thailand H1 2021

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 20, 2021
In the first six months of 2021, ERW or the Erawan Group had a loss of around *** billion Thai baht. ERW is one of the most leading hotel operators in Thailand, managing well-known hotels such as Grand Hyatt Erawan Bangkok and JW Marriott Bangkok. The coronavirus (COVID-19) pandemic heavily impacted Thailand's hotel industry, resulting in lower revenues and occupancy rate of hotel rooms across the country.
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