Grande Asset Hotels and Property Pcl operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grande Asset Hotels and Property Pcl with three other
companies in this sector in THAILAND :
Shangri-La Hotel PCL
sales of 2.50 billion Thai Bahts [US$80.50 million]
of which 81%
was Hotel Business- Hotel in Bangkok),
Dusit Thani PCL
(4.19 billion Thai Bahts [US$134.84 million]
of which 90%
was Hotel and hotel management), and
Asia Hotel PCL
(1.36 billion Thai Bahts [US$43.61 million]
of which 43%
was Rental Income & Services).
During the year ended December of 2019, sales at
Grande Asset Hotels and Property Pcl were 2.97 billion Thai Bahts (US$95.61 million).
decrease of 10.9%
versus 2018, when the company's sales were 3.34 billion Thai Bahts .
Contributing to the drop in overall sales was the 74.9% decline
in Property Development Operation, from 1.66 billion Thai Bahts to 417.15 million Thai Bahts .
However, these declines were partially offset by the increase in sales of
Hotel Operation (up 44.3% to 2.56 billion Thai Bahts )