April 23, 2017 2:59 PM ET

Hotels, Restaurants and Leisure

Company Overview of Travellers International Hotel Group, Inc.

Company Overview

Travellers International Hotel Group, Inc. develops and operates Resorts World Manila (RWM), a tourism resort in the Philippines. The company operates through two segments, Casino and Non-Casino. It operates a three-storey gaming facility, which includes the Genting Club, a members-only lifestyle club with a private gaming area, dining options, and other fabulous lifestyle features; and additional gaming halls covering an area of approximately 22,760 square meters. As of December 31, 2016, the company operated 316 casino tables, 1,805 slot machines/electronic gaming machines, and 210 electronic table games. It also operates Newport mall, which consists of 90 retail stores and food-and bevera...

Newport Entertainment & Commercial Centre

10th Floor

Newport Boulevard

Newport Cybertourism Economic Zone

Pasay,  1309

Philippines

Founded in 2003

4,864 Employees

Phone:

63 2 908 8000

Key Executives for Travellers International Hotel Group, Inc.

Travellers International Hotel Group, Inc. does not have any Key Executives recorded.

Travellers International Hotel Group, Inc. Key Developments

Travellers International Hotel Group, Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2016

Travellers International Hotel Group, Inc. announced consolidated earnings results for the year ended December 31, 2016. For the year, the company reported net revenues of PHP 23,648,754,406 compared with PHP 24,216,681,861 for the same period a year ago. Operating profit was PHP 4,777,426,631 compared with PHP 4,758,992,232 for the same period a year ago. Profit before tax was PHP 3,462,841,022 compared with PHP 4,066,978,922 for the same period a year ago. Net profit was PHP 3,398,526,614 or PHP 0.22 per basic and diluted share compared with PHP 4,017,608,732 or PHP 0.26 per basic and diluted share for the same period a year ago. EBITDA was PHP 6,420.5 million compared to PHP 6,161.9 million for the last year. The increase in EBITDA was due to higher revenue from hotel and other operating income coupled with disciplined cost management implemented during the year.

Travellers International Hotel Group, Inc., 2016 Earnings Call, Mar 16, 2017

Travellers International Hotel Group, Inc., 2016 Earnings Call, Mar 16, 2017

Travellers International Hotel Group, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Travellers International Hotel Group, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the nine months, the company’s net revenues were PHP 18,015,862,647 against PHP 17,947,349,497 a year ago. Operating profit was PHP 3,626,788,844 against PHP 3,928,676,684 a year ago. Profit before tax was PHP 3,117,857,593 against PHP 2,878,891,537 a year ago. Net profit for the period was PHP 2,980,126,179 against PHP 2,829,744,039 a year ago. EBITDA was PHP 4,853.1 million compared to PHP 4,906.0 million a year ago. Net profit attributable to parent company's shareholders was PHP 2,982,617,609 against PHP 2,834,370,207 a year ago. Basic and diluted EPS was PHP 0.19 against PHP 0.18 a year ago. Net cash from operating activities was PHP 5,067,390,361 against PHP 5,385,181,550 a year ago. Acquisitions of property and equipment were PHP 5,957,223,469 against PHP 5,553,983,115 a year ago. Book value per share as on September 30, 2016 was PHP 2.63 against PHP 2.49 per share as on September 30, 2014. For the quarter, the company’s net revenues were PHP 6,209,165,561 against PHP 5,438,038,688 a year ago. Operating profit was PHP 1,453,942,023 against PHP 1,054,634,769 a year ago. Profit before tax was PHP 1,094,355,155 against PHP 470,729,377 a year ago. Net profit for the period was PHP 1,182,689,551 against PHP 465,972,870 a year ago. Net profit attributable to parent company's shareholders was PHP 1,183,576,878 against PHP 467,102,778 a year ago. Basic and diluted EPS was PHP 0.08 against PHP 0.03 a year ago. EBITDA was PHP 1,864.3 million compared to PHP 1,378.0 million a year ago. Return on assets was 4.1%.

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