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August 03, 2015 9:36 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 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,  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. Declares Special Cash Dividend, Payable on June 18, 2015

The board of directors of Travellers International Hotel Group, Inc. approved special cash dividend of PHP 0.07 per share, payable on June 18, 2015. The company announced record date as June 11,2015.

Travellers International Hotel Group, Inc. Announces Executive Changes Effective May 30, 2015

Ms. Patricia May T. Siy tendered her resignation as the Travellers International Hotel Group, Inc. Chief Corporate Planning and Investor Relations Officer effective 30 May 2015. On 21 May 2015, the company's Board of Directors held a special meeting for the change of designation of Mr. Bernard Than Boon Teong from chief financial officer to chief financial officer and investor relations officer effective 30 May 2015.

Travellers International Hotel Group, Inc. Announces Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015

Travellers International Hotel Group, Inc. announced unaudited consolidated financial results for the first quarter ended March 31, 2015. For the quarter, net revenues were PHP 6,796,238,950,000 compared to PHP 7,210,311,386,000 a year ago. Operating profit was PHP 2,084,720,622,000 compared to PHP 2,214,960,758,000 a year ago. Profit before tax was PHP 1,751,839,400,000 compared to PHP 1,727,887,188,000 a year ago. Net profit attributable to parent company's shareholders was PHP 1,744,945,600,000 or PHP 0.11 per basic and diluted share compared to PHP 1,717,839,490,000 or PHP 0.11 per basic and diluted share a year ago. Net cash from operating activities was PHP 2,088,341,970,000 compared to PHP 1,023,746,249,000 a year ago. Acquisitions of property and equipment were PHP 1,558,227,253,000 compared to PHP 587,499,432,000 a year ago. EBITDA was PHP 2,408.6 million compared to PHP 2,611.4 million a year ago. Return on assets was 2.7% compared to 3.0% a year ago. Return on equity/investment was 4.4% compared to 4.9% a year ago.

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Recent Private Companies Transactions

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

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