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April 26, 2015 11:53 AM 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 casino in its resort that covers an area of approximately 13,167 square meters. As of December 31, 2014, the company operated 127 VIP tables, 169 mass tables, 1,868 slot machines, and 210 electronic game units. It also operates Newport mall, which consists of 90 retail stores and food-and beverage outlets; Newport cinemas; gaming facilities; Newport Performing Arts theater, a majestic venue for concerts, plays, musicals, and exclusive productions; the GameZoo arcade; the Genting club; ...

Newport Entertainment & Commercial Centre

10th Floor

Newport Boulevard

Newport Cybertourism Economic Zone

Pasay City,  1309

Philippines

Founded in 2003

4,750 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. Reports Audited Consolidated Earnings Results for the Full Year Ended December 31, 2014

Travellers International Hotel Group, Inc. reported audited consolidated earnings results for the full year ended December 31, 2014. For the year, the company reported net revenues of PHP 29,060,299,622 compared to PHP 30,848,028,933, for the same period a year ago. Net Revenues declined by 5.8% as a result of lower Gross Gaming Revenue and lower contribution from Hotel, and F&B. Operating profit was PHP 6,397,371,012 compared to PHP 4,617,160,773 last year. Operating Profit grew 38.6% as a result of lower General and Administrative expenses. Profit before tax was PHP 5,520,641,391 compared to PHP 2,806,181,679, last year. Net profit was PHP 5,445,073,229 or PHP 0.35 per basic and diluted share compared to PHP 2,739,516,493 or PHP 0.19 per diluted share, last year. EBITDA for 2014 is at PHP 7,914.1 million against PHP 6,717.7 million, last year. For the year, the company reported net cash from operating activities of PHP 9,101,516,355 compared to PHP 7,470,544,011 for the same period a year ago. Acquisitions of property and equipment was PHP 6,344,662,220 compared to PHP 5,570,382,127 for the same period a year ago.

Travellers International Hotel Group, Inc., 2014 Earnings Call, Mar 20, 2015

Travellers International Hotel Group, Inc., 2014 Earnings Call, Mar 20, 2015

Travellers International Hotel Group Appoints Emmanuel C. Paras as Corporate Secretary

Travellers International Hotel Group has appointed Emmanuel C. Paras as Corporate Secretary. The effective date is January 29, 2015.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 23, 2014
Resorts World Bayshore City, Inc.
 

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To contact Travellers International Hotel Group, Inc., please visit www.rwmanila.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

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