q2/19 company presentation
TRANSCRIPT
Central Plaza Hotel Public Company Limited - CENTEL
Q2/19 Company Presentation
Agenda
� Q2/19 summary performance
� Hotel business overview
� Food business overview
� Financial highlights and guidance 2019
� Appendix
CENTEL overview 6M19
3
Thailand dominant revenue
3Page 3CENTEL overview
Hotel
71%
Food
29%
Bangkok
33%
Upcountry
59%
Maldives
8%
EBITDA
THB 2.4 bn
(22.1% Margin)
Total Revenue
THB 10.9 bn
9.9%*
0.6%
Hotel : 6 brands
5 Stars 4 Stars 3 Stars
Affordable
Lifestyle
Boutique Residence
Food : 13 brands
CENTEL shareholding structure
As of June, 2019
*Excluding - insurance claims net of tax of Baht 80.6 million and Provision of long
term employee benefits of Baht 58.1 million
Retails
17.5%
Foreign institution
9.8%
Local institution
10.8%Chirathivat family
61.9%
1.35 billion shares issued and
paid-up
Hotel business overview
Thailand tourism overview Indian strong growth
Hotel Business Overview Page 55
Source: Ministry of Tourism and Sport
8.9 9.1 9.7 10.8 9.0
19.5 19.7
9.1% 2.7% 4.3% 1.5% 1.1%12.2%
1.3%
-200.0%
-150.0%
-100.0%
-50.0%
0.0%
50.0%
-5.0
5.0
15.0
25.0
35.0
45.0
55.0
Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 6M18 6M19
No. of tourist arrivals Growth yoy
Thailand number of tourist arrivals
Unit: million
Chinese (-4.9%) and European drop (-2.0%)
Thailand tourism overview
Page 6
Indian +24% yoy
(Unit : Person)
Source: Ministry of Tourism and Sport
Hotel Business Overview
-5%
7%
24%
3% 5%
11%
-3%
4% 3%1%
China
5,638,627
29%
Malaysia
1,930,252
10%
India
978,751
5%
Korea
907,343
5%
Laos
880,733
4%
Japan
4%
Russia
4%
USA
3%
Vietnam
3%
UK 3%
Hong Kong
2%Singapore
2%
Germany
2%
Cambodia
2%
France
2%
Others
19%
Top 15 - International Tourist Contribution
6M19
No. of tourist arrivals to Thailand
Top 10 - International Tourist Arrivals growth (%) – 6M19
Millions FY
2018 38.3
2019 40.1 (F)*
Growth +4.7%
Note: *Forecasting from Tourism Council of Thailand, 25 June 2019
Hotel demand and supply in Maldives
Hotel Business Overview Page 7
Arrival growth from all regions
Number of operational beds*
41,487 42,355 43,660 45,106 47,443
7% 8% 8% 10% 14%
-200.0%
-150.0%
-100.0%
-50.0%
0.0%
50.0%
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Q2/18 Q3/18 Q4/18 Q1/19 Q2/19
No. of operational beds Bed growth yoy
Source: Ministry of Tourism, Republic of Maldives
Note: * included hotels, resorts, guest houses and safari vessels
Unit: beds
Number of tourist arrivals and occupancy rate (yoy)
306,412 353,944 403,815482,978
379,611
726,515862,589
52% 57% 64% 75% 56% 63% 66%
-500.00%
-400.00%
-300.00%
-200.00%
-100.00%
0.00%
100.00%
200.00%
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
Q2/18 Q3/18 Q4/18 Q1/19 Q2/19 6M18 6M19
No. of arrivals % Occupancy
Source: Ministry of Tourism, Republic of Maldives
Unit: persons
3% 4% 3%15% 24%
11%19%
Maldives tourism overview
Page 8
(Unit : Person)
Source: Ministry of Tourism Republic of Maldives
Indian +100% yoy
Hotel Business Overview
China
140,265
16%
India
82,140
10%
Italy
75,376
9%
Germany
69,237
8%
UK
64,792
8%
Russia
5%
France
4%
U.S.A.
3%
Japan
3%
Australia
2%
Switzerland
2% Korea
2%
Thailand
2% Austria
1%
Saudi Arabia
1%
Others
24%
Top 15 - International Tourist Contribution
6M19
10%
100%
34%20% 13% 12%
23%34%
18% 14%
Top 10 – International Tourist Arrivals growth (%) – 6M19
Hotel portfolio – 13,783 rooms
Page 9
Upcoming overseas
In operation Pipeline
Thailand Overseas Total Thailand Overseas TotalGrand
total
Owned 15* 2 17 2 3 5 22
Managed 19 4 23 9 17 26 49
Total 34 6 40 11 20 31 71
In operation Pipeline
Thailand Overseas Total Thailand Overseas TotalGrand
total
Owned 3,940 252 4,192 412 911 1,323 5,515
Managed 2,738 786 3,524 1,628 3,116 4,744 8,268
Total 6,678 1,038 7,716 2,040 4,027 6,067 13,783
As of June 2019
54%
Owned
Total portfolio by rooms
*Including JV and property fund
63%
Thailand
40%
Owned
Number of hotels Number of rooms
In operation by rooms
87%
Thailand
Hotel Business Overview
Pipeline – 6,067 rooms
10Hotel Business Overview Page 10
AEC, Middle East and Indian Ocean
# of rooms Owned ManagedTotal
Year 2019E 2021E 2022E 2019E 2020E 2021E 2022E
Bali 210 210
Cambodia 240 240
China 596 596
Dubai 601 601
Laos 322 104 200 626
Maldives 310 234 544
Qatar 252 509 761
Turkey 449 449
Thailand 282 130 179 571 358 520 2,040
Total Rooms 282 731 310 431 1,402 1,058 1,853 6,067
Total Hotels 1 2 2 3 7 7 9 31
As of June 2019
Summary of pipeline 2019E-2022E
China 596 keysEast Asia
Turkey 449 keysWest Asia
Bali, Cambodia, Laos and Thailand 3,116 keys Southeast Asia
Maldives 544 keys South Asia
Doha and Dubai 1,362 keysMiddle East
Total portfolio: number of rooms by region
*
* Target to open in October 2019
2,139 2,001
5,088
4,756
607 543
1,9311,719
0
1,000
2,000
3,000
4,000
5,000
6,000
Q2/18 Q2/19 6M18 6M19
Total Revenue EBITDA
10.5%
6.5%
11.0%
6.5%
Hotel performance
11Hotel Business Overview Page 11
36.1%
Unit: THB mn
EBITDA margin 27.1%
Chinese, key feeder during low season, drops, together with the closure of Centara Grand Samui for renovation since June,
Indirect impact from fire event at CentralWorld shopping mall and lower demand from government entities during changeover.
Impact from Soft demand & Closure for renovation
28.4% 37.9%
Total own portfolio
12Hotel Business Overview Page 12
Q2/19 RevPar -6.4% from Occupancy
4,050
4,845
4,051
4,839
2,952
3,784
2,949
3,770
72.9%
78.1%
72.8%
77.9%
50%
55%
60%
65%
70%
75%
80%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Q2/19 6M19 Q2/19 6M19
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
6.6%
2.0%
6.4%
4.6%
0.3%
5.9%
6.4%
4.7%
3.1%
5.2%
0.5%
5.2%
Excluding Centara Grand SamuiIncluding Centara Grand Samui
Thailand portfolio
13Hotel Business Overview Page 13
Q2/19 RevPar -7.5% from occupancy
3,2573,937
3,2343,893
2,357
3,054
2,3363,012
72.4%
77.6%
72.2%
77.4%
50%
55%
60%
65%
70%
75%
80%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Q2/19 6M19 Q2/19 6M19
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
7.1%
1.6%
7.5%
5.1%
0.7%
6.9%
7.0%
5.2%
3.6%
5.5%
0.7%
5.7%
Excluding Centara Grand SamuiIncluding Centara Grand Samui
Bangkok portfolio
14Hotel Business Overview Page 14
Q2/19 Revpar -7.9% from occupancy and room rate
2,879 3,093
2,207 2,430
76.6%78.6%
50%
55%
60%
65%
70%
75%
80%
85%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Q2/19 6M19
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
4.7%
7.9%
5.2%
0.2%
6.4%
2.3%
Upcountry portfolio
15Hotel Business Overview Page 15
Q2/19 RevPar -7.2% from occupancy
3,466
4,365
3,439
4,325
2,433
3,365
2,404
3,319
70.2%
77.1%
69.9%
76.7%
50%
55%
60%
65%
70%
75%
80%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
Q2/19 6M19 Q2/19 6M19
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
8.4%
7.2%
5.1%
0.7%
6.9%
8.1%
5.3%
4.3%5.4%
3.9% 6.8%
1.1%
Excluding Centara Grand SamuiIncluding Centara Grand Samui
Maldives portfolio
16Hotel Business Overview Page 16
Q2/19 RevPar (USD) -3.5% from ARR
14,837
17,421
12,011
14,967
81.0%
85.9%
50%
55%
60%
65%
70%
75%
80%
85%
90%
0
5,000
10,000
15,000
20,000
25,000
Q2/19 6M19
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
3.6%
7.1%
6.1%
4.3%
1.6%
3.1%
3.3%3.5%380 USD 473 USD
Hotel revenue breakdown by region
Page 17
32.5%
16.8%15.9%
12.6%
6.8% 6.7% 6.4%2.3%
32.9%
17.6%15.9%
12.7%
7.4% 5.1% 6.2%2.2%
Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others
6M18 6M19
Total revenue
6M19 Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Hat Yai Tak
% RevPar Growth yoy -6.4% -3.6% -7.1% -7.3% 2.9% -21.7% -7.3% 1.2% -8.4%
Hotel Business Overview
done82% of hotel revenue from Thailand
-8.3%Excluding Centara Grand Samui
Food business overview
Q2/19: Portfolio of 1,007 outletsNet expansion of 99 outlets (or +10.9% yoy), mainly from top 3 brands
Page 19Food Business Overview
Bangkok Non-Bangkok
65% Non-Bangkok
65% Non-Bangkok
Brands # of outlets Change yoy
KFC 272 +25
Mister Donut 364 +26
Auntie Anne’s 173 +22
Ootoya 46 +3
Pepper Lunch 41 +6
The Terrace 9 +1
Chabuton 19 +3
Yoshinoya 21 +4
Tenya 11 +5
Katsuya 28 +0
Cold Stone 18 -1
Aroi Dee 4 +4
Suki House 1 +1
Total 1,007 +99
Number of outlets by location Revenue contribution by location
Food business performance Growth from outlet expansion
Page 20Food Business Overview
3,052 3,225
5,8446,112
396364
737 686
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Q2/18 Q2/19 6M18 6M19
Total Revenue EBITDA
8.2%
5.7%
6.9%
4.6%
11.2%
Unit: THB mn
EBITDA margin 11.3%13.0% 12.6%
SSS & TSS Improvement quarter on quarter
Page 21Food Business Overview
Same store sale (SSS) and Total system sale (TSS) Same store sale (SSS): Bangkok vs Non-Bangkok
-0.9%
3.3%
-1.7%
-4.1%
-1.7%
0.2%
-2.9%
0.5%
2.1%
-1.7%
-3.6%
-1.8%
-0.5%
-2.7%
-5.0%
-4.0%
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
Bangkok Non-Bangkok
0.0%
2.6%
-1.7%
-3.8%
-1.8%
-0.3%
-2.8%
10.0%
12.5%
6.5%
3.4%
5.7%
9.0%
4.6%
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
SSS TSS
2Q18
2Q18
3Q18
3Q18
4Q18
4Q18
1Q19
6M18
2Q19 6M18 6M19
1Q19 2Q19 6M19
Q2/19 food total revenue breakdown
Page 22
KFC, 57%
Mister Donut, 14%
OOTOYA, 8%
Auntie Anne's, 7%
Others, 14%
6M19
Food Business Overview
Light food showed improving trend in Q2
(+7.4% yoy)
(+5.3% yoy)
(+3.7% yoy)
(+6.5% yoy)
(-8.6% yoy)
KFC, 56%
Mister Donut, 15%
OOTOYA, 7%
Auntie Anne's, 7%
Others, 15%
Q2/19
(+7.3% yoy)
(+7.6% yoy)
(+6.1% yoy)
(+9.0% yoy)
(-3.7% yoy)
FINANCIAL HIGHLIGHTS &
GUIDANCE 2019
Low gearing & optimized profile
Page 24
Average funding cost of 3.16%
Fixed, 78%USD, 20%
Gearing ratio Dec 2018 Jun 2019
Current ratio 1.1 0.9
Interest bearing debt/Equity 0.5 0.5
Dec 2018 Jun 2019
OD, Short-term loan Debentures Long-term loan
Note: * Included current portion of long-term loan and debentures
*
THB 7.1bn 1.4%
60%
34%
6%
50%
28%
22%
Dec 2018 Jun 2019
Financial position
Total liabilities Total equity
49%
51% 52%
48%
THB 26.4 bn 1.1%
Total interest bearing debt
THB 26.1 bn THB 7.0bn
Financial Highlights
3-year capital expenditure : THB 27bn
Page 25
-
2,000
4,000
6,000
8,000
10,000
12,000
2018A 2019E 2020E 2021E
Hotel Food Potential projects
Sufficient funding with loan/bond & operating cashflow
Financial Highlights
2020E2019E 2021E
Centara Grand Central World
Renovation
&
Enhancement
New
Investment
&
Expansion
Centara Grand
SamuiCentara Grand Hua Hin*
New investment in food brand(s) & hotel(s)*
Food outlet expansion
2 new Centara Maldives
Centara Dubai
COSI Pattaya
COSI Chiang Mai
CAPEX (THB mn)
Annual renovation for existing hotels
Annual renovation for existing CRG’s outlets
Note: *potential projects are under feasibility study
…
CENTEL guidance 2019
Page 26Financial Highlights
2018A 2019E - Revised
Hotel
RevPar (THB) 3,786* -4% to -5% yoy(Excluding Centara Grand Beach Resort Samui and COSI Pattaya)
Food
TSS 9.3% 5% to 7% yoy
Number of outlets 956 12% to 13% yoy
Hotel:
• Open COSI Pattaya 282 rooms in October
• Revise target as a result of 1H19 performance softer than
expectation and uncertain tourists rebound in 2H19
Food:
• Outlet expansion drives the growth
• Focusing on delivery through own platform and food
aggregators
• Expansion of 2 new own brands:
• “Aroi Dee” targets to open 7-10 more outlets
• “Suki House” targets to open 2-3 more outlets
*Included COSI Samui and Centra Chaeng Watthana
Recovery in hotel business remains to be seen & high competition in food business
Q&A
27Page 27Q&A
More Information please Contract: Investor Relations department
Central Plaza Public Company Limited25th Fl, Centara Grand at CentralWorld999/9 Rama I Rd., PathumwanBangkok 10330 Thailand
https://investor.centarahotelsresorts.com/ [email protected]
Disclaimer
This presentation contains certain forward looking statements. 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 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.
28Page 28
Appendix
Thailand Sustainability Investment 2018
Page 30
October 17, 2018 - Stock Exchange of Thailand (SET) announced CENTEL one of 79 companies to be Thailand
sustainability investment 2018 (THSI 2018).
December 17, 2018 - SET announced CENTEL one of 57 companies to be SETTHSI Index Constituents for
calculating the index during Jan 1, 2019 - Jun 30, 2019.
About Thailand Sustainability Investment:
SET selects listed companies from those that have
voluntarily participated in the sustainability assessment
questionnaires covering ESG and economic
dimensions. SET reviews the assessment questions every
year to ensure they accurately reflect the context which
is changed at global level.
SETTHSI Index Constituents
Appendix
Thaipat ESG* Index
Page 31
October 4, 2018 – Thaipat Institute
released the Thaipat ESG Index that
CENTEL is one of 58 outstanding stocks
from its ESG100 universe, assessed by
using integrated ESG (Environmental,
Social and Governance) rating model.
The Index is calculated by S&P Dow
Jones and fed via Bloomberg and Reuters
terminals to the investors globally. The
list will be updated every year based on
the annual assessment of ESG100
universe.
*Environmental, Social and Governance
by Thaipat Institute
Appendix
Page 32
Strong support from major shareholder
Nath
VongpanichPresident
Department store
Centara Hotels &
Resorts Central Restaurants
Group
Tos ChirathivatGroup CEO
CENTEL Marketing
Food retails
Hardlines
Central Pattana Vietnam
Online & Others
Central Group
• Top 5 largest business in
Thailand
• A family-held
corporation that began
life as a general
merchandise store in
1947, and more than
70-year experience in the
retail industry.
Thirayuth
ChirathivatCEO
Appendix
Development milestone
Page 33
CENTEL’s MILESTONE
introduced
“Mister
Donut”
1st hotel,
“Centara
Grand at
Central
Ladprao
Bangkok”
Authorized
franchisee of
KFC
Franchisee of
Auntie
Anne’s
Listed in The
Stock
Exchange of
Thailand
(SET)
Capital
increase of
Baht 500
million
Capital
increase of
Baht 450
million
Par splited
from Baht 5 to
Baht 1
Rebranding
hotel brand
from
“Central” to
“Centara”
Centara
Grand at
Central World
Launched
Property
Fund (Centara
Grand Samui)
Centara Grand
Mirage Beach
Resort, Pattaya
Opening the 1st
oversea JVs in
Maldives
“Centara Grand
Resort & Spa,
Maldives”
Opening
Centara
Grand
Phuket
Bought new
brands into
portfolios
Acquired
“Ootoya”
home
cooking style
Japanese
restaurant
Co
rpo
rate
Fo
od
bu
sin
ess
Ho
tel b
usi
ne
ss
Introduced
Pepper
Lunch
Step up
acquisition of
• Centara
Karon, (Feb)
• Centara
Maldives
(Mar)
• Centara
Grand
Maldives
(Dec)
Centara
Maldives
(24-Mar)
Introduced
“Tenya” into
portfolio
Step up
acquisition of
Centara
Kata
(7-Oct)
Introduced
“katsuya” into
portfolio
1978 1983 1984 1990 1991 1998 2006 2007 2008 2009 2010 2011 2012 2013 2014 2017
Cosi Samui
Chaweng
(01-Dec)
Centra
Government
Complex
(26-Nov)
2019
Introduced
“Aroi Dee”
Introduced
“Suki House”
Appendix
CENTEL Dividend Payout Statistics
34
Dividend Payout Ratio
YearDividend
(THB/share)
% Payout
(Consolidated F/S)
% Payout
(Separate F/S)
2018 0.65 40% 74%
2017 0.60 41% 86%
2016 0.55 40% 77%
2015 0.50 40% 62%
2014 0.40 46% 82%
2013 0.40 40% 56%
2012 0.30 25% 58%
Page 34
Constantly increasing
Appendix
Consolidated earning Q2/19 and 6M19
Note: * Total hotel revenue included deferred rental income
** Insurance claim from fire at Central World, Big C Rajdamri and Center One in 2010
Page 35
Decreases in Chinese & Russian during low season, Closure of Centara Grand Beach Resort Samui, Indirect impact from fire
event at CentralWorld shopping mall, Lower demand from government entities during changeover, Closure of food outlets at
Central Ladprao shopping mall, Ongoing value promotion campaign, and Increase in fixed costs.
THB million Q2/18 Q2/19 % Chg 6M18 6M19 % Chg
Total hotel revenue* 2,139.4 2,000.7 -6.5% 5,088.3 4,756.4 -6.5%
Total food revenue 3,051.7 3,224.9 5.7% 5,844.1 6,112.2 4.6%
Total revenues 5,191.1 5,225.6 0.7% 10,932.4 10,868.6 -0.6%
EBITDA 1,003.2 906.7 -9.6% 2,667.6 2,404.3 -9.9%
EBITDA margin (%) 19.3% 17.4% -1.9% 24.4% 22.1% -2.3%
Net profit from operation 371.7 290.5 -21.8% 1,254.8 1,035.8 -17.5%
Extraordinary items
Add: Insurance claim (net tax)** - - - - 80.6 NA
Less: Provision of long term employee benefits - (58.1) NA - (58.1) NA
Net profit excluding non-recurring items 371.7 232.4 -37.5% 1,254.8 1,058.3 -15.7%
Margin being pressured from several unfavorable factors
Appendix
Hotel performance
36Appendix Page 36
32% 32%
Unit:THB mn
9,3589,764
3,2763,434
0
2,000
4,000
6,000
8,000
10,000
12,000
2017 2018
Total revenue EBITDA before extra items
4.8%
4.3%
32%35.0% EBITDA margin 35.2%
Total own portfolio
37Appendix Page 37
4,897 4,8994,620
4,049 4,0473,786
82.7% 82.6% 81.9%
50%
55%
60%
65%
70%
75%
80%
85%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2017 2018 (Organic) 2018 (Total)
Average room rate (ARR) Revenue per available room (RevPar) Occupancy (OCC)
Note: * Excluding COSI Samui Chaweng Beach and Centra by Centara Government Complex Hotel & Convention Centre Chaeng Watthana
0.1%
0.1%
5.7%
6.5%
*
0.8%
Thailand portfolio
38Appendix Page 38
Note: * Excluding COSI Samui Chaweng Beach and Centra by Centara Government Complex Hotel & Convention Centre Chaeng Watthana
3,926 3,9493,728
3,241 3,2603,051
82.6% 82.6%81.8%
40%
45%
50%
55%
60%
65%
70%
75%
80%
0
1,000
2,000
3,000
4,000
5,000
6,000
2017 2018 (Organic) 2018 (Total)
Average room rate (ARR) Revenue per available room (RevPar) Occupancy (OCC)
0.6%
0.6%
0.8%
5.0%
5.9%
*
Bangkok portfolio
39Appendix Page 39
3,450 3,429
3,0892,810 2,892
2,602
81.4%84.4%
84.2%
10%
20%
30%
40%
50%
60%
70%
80%
90%
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
2017 2018 (Organic) 2018 (Total)
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
3.0%2.8%
0.6%10.5%
2.9% 7.4%
Note: * Centra by Centara Government Complex Hotel & Convention Centre Chaeng Watthana
*
Upcountry portfolio
40Appendix Page 40
4,128 4,183 4,052
3,428 3,420 3,269
83.1% 81.8%80.7%
10%
20%
30%
40%
50%
60%
70%
80%
90%
0
1,000
2,000
3,000
4,000
5,000
6,000
2017 2018 (Organic) 2018 (Total)
Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)
1.8%1.3%
1.3%2.4%
0.2%4.6%
Note: * Excluding COSI Samui Chaweng Beach
*
Maldives portfolio
41Appendix Page 41
18,312 18,093
15,464 15,102
84.4% 83.5%
10%
20%
30%
40%
50%
60%
70%
80%
90%
0
5,000
10,000
15,000
20,000
25,000
30,000
2017 2018
Average room rate (ARR) Revenue per available room (RevPar) Occupancy (OCC)
2.3%
1.2%
2.8%
0.9%
455 USD468 USD
Hotel revenue by asset type (Freehold & Leasehold)
Page 42Appendix
0.9
9.5
13.5
34.3
0
5
10
15
20
25
30
35
40
Centara
Grand Hua
Hin
Centara
Grand
Ladprao
Centara
Grand Central
World
COSI Samui
Re
ma
inin
g Y
ea
rs
Remaining leasehold life for
Thailand hotels as at June 30, 2019
CHBR
7% CGLB
10%
CGCW
20%
37%
46%
17%
2018 hotel revenue
Thailand freehold
Thailand leaseholdMaldives leasehold
Food business performance
Page 43Appendix
32% 32%
Unit: THB mn
10,988
12,004
1,4261,533
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2017 2018
Total revenue EBITDA
7.5%
9.2%
12.8%13.0%EBITDA margin
Same store sale (SSS) and Total system sale (TSS)
Page 44Appendix
-0.9%
0.1%
3.4%
9.3%
-6.00%
-4.00%
-2.00%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
SSS TSS
Same store sale (SSS) and Total system sale (TSS)
2017 2018
0.8%
0.5%
-1.8%
-0.1%
Bangkok Non-Bangkok
Same store sale (SSS): Bangkok vs Non-Bangkok
2017 2018
Page 45Appendix
Hotels in operation as at June 30, 2019 (1/3)
Owned hotels Stars Opened # of Rooms % Ownership Location
1 Centara Grand at Central Plaza Ladprao Bangkok 5 2Q83 565 100% Thailand
2 Centara Grand Resort & Villas Hua Hin 5 1Q86 249 64% Thailand
3 Centra by Centara Hotel Mae Sot* 3 4Q89 120 100% Thailand
4 Centara Hat Yai 4 4Q95 248 100% Thailand
5 Centara Grand Beach Resort Samui 5 2Q96 203 25% in Property Fund Thailand
6 Centara Villas Samui 4 2Q00 102 100% Thailand
7 Centara Villas Phuket 4 2Q00 72 100% Thailand
8 Centara Grand Beach Resort & Villas Krabi 5 4Q05 192 100% Thailand
9 Centara Kata Resort Phuket 4 2Q06 163 100% Thailand
10 Centara Karon Resort Phuket 4 2Q06 335 100% Thailand
11 Centara Grand at CentralWorld 5 4Q08 512 100% Thailand
12 Centara Grand Mirage Beach Resort Pattaya 5 4Q09 555 100% Thailand
13 Centara Grand Island Resort & Spa Maldives 5 4Q09 112 74% Maldives
14 Centara Grand Beach Resort Phuket 5 4Q10 262 100% Thailand
15 Centara Ras Fushi Resort & Spa Maldives 4 1Q13 140 75% Maldives
16 COSI Samui Chaweng Beach Affordable lifestyle 4Q17 150 100% Thailand
17 Centra by Centara Government Complex Hotel &
Convention Centre Cheang Watthana
3 4Q12 212* 100% Thailand
Total owned hotels 4,192
*after renovation since April 2019
Page 46Appendix
Hotels in operation as at June 30, 2019 (2/3)
Managed hotels Stars Opened # of Rooms Country
18 Centara Chaan Talay Resort & Villas Trat 4 1Q08 44 Thailand
19 Centara Hotel & Convention Centre Udon Thani 4 2Q10 259 Thailand
20 Centara Q Resort Rayong 4 2Q10 41 Thailand
21 Khum Phaya Resort, Centara Boutique Collection Boutique 3Q10 87 Thailand
22 Waterfront Suites Phuket by Centara Residence 1Q11 39 Thailand
23 Centara Anda Dhevi Resort & Spa Krabi 4 4Q11 135 Thailand
24 Centara Pattaya Hotel 4 4Q11 152 Thailand
25 Centara Nova Hotel & Spa Pattaya 4 4Q11 79 Thailand
26 Centara Koh Chang Tropicana Resort 4 2Q12 157 Thailand
27 Centra Coconut Beach Resort Samui 3 3Q12 55 Thailand
28 Sandy Beach Non Nuoc Resort Danang Vietnam Managed by Centara 4 4Q12 204 Vietnam
29 Centara Watergate Hotel & Spa Bangkok 4 2Q13 281 Thailand
30 Centara Seaview Resort Khao Lak 4 2Q13 250 Thailand
31 Centara Grand Phratamnak Pattaya 5 3Q13 161 Thailand
Page 47Appendix
Hotels in operation as at June 30, 2019 (3/3)
Managed hotels Stars Opened # of Rooms Country
32 Centara Blue Marine Resort & Spa Phuket 4 1Q14 266 Thailand
33 Centara Ceysands Resort & Spa Srilanka 4 2Q14 165 Sri Lanka
34 Centra by Centara Avenue Hotel Pattaya 3 4Q14 51 Thailand
35 Centra by Centara Maris Resort Jomtien 3 1Q16 282 Thailand
36 Centra by Centara Phu Pano Resort Krabi 3 4Q16 158 Thailand
37 Centara Azure Hotel Pattaya 4 4Q16 96 Thailand
38 Centara Muscat Hotel 4 2Q17 152 Oman
39 Centara West Bay Residences & Suites Doha Residence 4Q18 265 Qatar
40 Centara Sonrisa Residence and Suites Sriracha Residence 2Q19 145 Thailand
Total managed hotels 3,524
Grand total 7,716
Thank You