C entral Plaza Hotel Public Company Limited p y September 1, 2014
This presentation contains certain forward looking statements This presentation contains certain forward looking statements. Such forward looking 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 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. 2
I T E D T E D Y L I M I N Y L O M P A N C O M P A B L I C C U B L I C Company Background Company Background T E L P U O T E L P Hotel Business Hotel Business A Z A H O L A Z A H Food Business R A L P L R A L P Outlook and Financial Highlight C E N T C E N T 3
C E N T C E N T R A L P R A L P L L A Z A H A Z A H O O T E L P T E L P U U B L I C B L I C C C O M P A O M P A N N Y L Y L I M I I T E D T E D 4
CENTEL’s presentation CENTEL: Part of Central Group CENTEL:PartofCentralGroup Central Trading Co., Ltd. (Holding company since 1947) Fast Moving Central Centara Central Hardlines Office Mate Central Department Store Group Consumer Marketing Hotel & Restaurant Group Group Pattana (DSG) Group Group Resort Group (HDLG) ( ) ( (OFMG) ) Group (CPN) p ( ) (FMCG) (FMCG) (CMG) (CMG) Group (CHR) Group (CHR) (CRG) (CRG) Shareholder of Construction Develop Owner and Stationery, Import and Quick service Robinson materials, home department operator of Consumer books and distribution restaurant and department and decor and store and real “Central product online business consumer Hotel business casual dinning store - listed electric estate business Department Department business business listed company listed company products products restaurant restaurant company/ / appliance li - listed company li d Store” “OFM” business business “ROBINS” business “CPN” CENTEL’s Shareholder Structure listed company “CENTEL” Foreigner CENTEL’s Equity Market Information 11% Local Price (as of Price (as of Dividend Dividend I Investors t Symbol Sector Market Cap 14/08/14) Policy 22% 67% CENTEL Tourism Bt37.75mn Bt50.96bn 60% Family 5 As at 30 June 2014
CENTEL’s presentation CENTEL’sMilestone CENTELs Milestone Capital increase of e Corporate Listed in Baht 450 The Stock Capital million Exchange increase of of Baht Par splited Thailand 500 from Baht 5 (SET) million to Baht 1 Terminated Terminated Café Andonand Terminated business Pizza Hut Acquired and Baskin “Ootoya” Robbins home and cooking Introduced Introduced Introduced introduced introduced Authorized Authorized Franchisee Franchisee introduced introduced QSR brought QSR brought style style Food Pepper “Tenya” into “Mister franchisee of Auntie Beard 5 new brands Japanese Lunch portfolio Donut” of KFC Anne’s Papa’s into portfolios restaurant 1978 1983 1984 1990 1991 1998 2006 2007 2008 2009 2010 2011 2012 2013 1 st hotel, Opening Consolidating Opening Rebrandin Grand Grand “Centara g hotel opening of opening of Centara • Centara Centara ness Grand Karon, Maldives Grand at brand Centara Centara Central from Grand at Grand Mirage Phuket (Feb) on 24 Hotel busin • Centara March Ladprao “Central” Central Beach Maldives Bangkok” to World Resort, “Centara” Pattaya (Mar) • Centara Launched Property Opening the Grand 1 st oversea Maldives Fund (Dec) (Centara JVs in Grand Maldives Samui) “Centara Grand Resort & Spa, 6 Maldives”
CENTEL’s presentation CENTEL: Revenue and Profit by Business Continuous growth through the opening of new hotels and acquisition of new food brands C ti th th h th i f h t l d i iti f f d b d Total Revenue by business segment (THB million): EBITDA by business segment (THB million): 4-year CAGR=20 % 4-year CAGR = 27% 3 800 3,800 Hotel Food Hotel Food 17,469 3,164 32% 14,829 2,365 11,474 38% 53% 9,400 , 1 669 1,669 8 436 8,436 1,443 46% 56% 68% 57% 52% 62% 42% 56% 54% 54% 47% 58% 48% 44% 43% 46% 44% 2009A 2010A 2011A 2012A 2013A 2009A 2010A 2011A 2012A 2013A EBITDA Margin by business segment Owned Hotel Inventory (rms) and Food Outlets Hotel Food Hotel Food 31% 31% 743 677 603 512 26% 478 22% 19% 3,654 3,514 3,067 3,067 2,805 17% 16% 14% 13% 13% 2009A 2010A 2011A 2012A 2013A Grand Grand Grand Maldives Hotel Centara Pattaya Phuket Centara Karon Maldives Ootoya Food 2009A 2010A 2011A 2012A 2013A (33 outlets) BKK Riot Rajprasong Flood in Protest in protest 4Q13 Central of Note: Total revenue and EBITDA before extra 7 Thailand items and deferred rental income from PFPO in Q4
8 HOTEL HOTEL T E D I T E D Y L I M I N Y L O M P A N C O M P A B L I C C U B L I C T E L P U O T E L P A Z A H O L A Z A H R A L P L R A L P C E N T C E N T
CENTEL’s presentation 6 CentaraBrands: Offering variety of brands to capture opportunity in different market segments. Offering variety of brands to capture opportunity in different market segments. A series of Two distinctive Offers categories Five-star Four-star properties affordable Centara Centara C t Category Category C t d designed to i d t h t l hotels and d Designed Grand and an intimate resorts for cost- Centara scale conscious travelers who mostly o ost y do all their Premium own Located to Providing a settings in bookings Set in prime attract the quality city-centre Imparting a on-line city and corporate experience locations, , residential beachfront beachfront and the and the designed to designed to beach, and quality. locations leisure long- exceed island stay guest expectations destination 9
CENTEL’s presentation Hotel Business Strategy : focusing on hotel management but also gy g g investing in new owned hotels by employing internal cash flow/ REIT Asset Light Strategy : Asset Light Strategy : focusing focusing on expansion of portfolio through Owned hotel management business; Hotel Asset Right Strategy : expanding our portfolio through: Investing in property (owned or g p p y ( Property Hotel JVs) using internal cash flow; JVs Hotel Fund and Using property fund/REIT as a g y vehicle for making new investments. Managed Hotel 10
CENTEL’s presentation Hotels in Operation (1/2): Asset types # Properties #Rms Total 43 hotels in operation by the end of 2Q14 of 8,216 rooms 15 3,812 Owned & JV hotels ( (including g 15 owned and JV Hotels under management Hotels under management 28 4,404 properties and 28 hotels under contracts management contract). Grand total 43 8,216 List of 15 owned & JV hotels (3,812 rooms) st o 5 o ed & J ote s (3,8 oo s) Hotel Name #Rms Country Hotel Name #Rms Country Owned Hotels Owned Hotels (continued) Centara Grand at Centara Mae Sot Hill 1 512 Thailand 9 113 Thailand CentralWorld Resort 2 Centara Grand Ladprao 565 Thailand 10 Centara Hat Yai 245 Thailand 3 3 Centara Grand Hua Hin Centara Grand Hua Hin 249 249 Thailand Thailand 11 11 Centara Villas Samui Centara Villas Samui 100 100 Thailand Thailand 4 Centara Grand Phuket 262 Thailand 12 Centara Grand Maldives 112 Maldives 5 Centara Grand Krabi 192 Thailand 13 Centara Maldives 140 Maldives Property Fund Hotel Property Fund Hotel Centara Grand Mirage Centara Grand Mirage 6 555 Thailand Pattaya 14 Centara Grand Samui 202 Thailand 7 Centara Villas Phuket 72 Thailand Joint Venture Hotel Centara Karon Resort 8 8 335 335 Thailand Thailand Centara Kata Resort Centara Kata Resort 15 158 Thailand Phuket Phuket 11
Recommend
More recommend
