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Grande Asset Hotels And Property Pcl (Thailand)

Main Activities: Real Estate | Accommodation
Full name: Grande Asset Hotels And Property Pcl Profile Updated: July 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Grande Asset Hotels and Property Pcl is a Thailand-based company that focuses on hotel and property development. The company primarily invests in internationally and globally managed four to five-star hotels, such as Marriott International and Hyatt International Corporation. These hotels target medium to high-end local and foreign customers with high purchasing power. In Bangkok, the company has invested in prime locations in the business area, including The Westin Grande Sukhumvit and The Royal Orchid Sheraton Hotel and Towers, both managed by Marriott International, and the Hyatt Regency Bangkok Sukhumvit at Sukhumvit Soi 13, managed by Hyatt International Corporation. The company also selectively invests in beachfront hotels that offer attractions to tourists, such as the Sheraton Hua Hin Resort and Spa in Cha-am and the Sheraton Hua Hin Pranburi Villas in Pranburi, both managed by Marriott International. In addition to its hotel business, the company is involved in property development and rental businesses. They focus on developing properties in prime locations with close proximity to convenient mass transportation. Their portfolio includes various properties such as The Westin Grande Sukhumvit, Royal Orchid Sheraton Hotel & Towers, Sheraton Hua Hin Resort & Spa Hotel, Sheraton Hua Hin Pranburi Villas, Hyde Sukhumvit 11 Condominium, and others.

Headquarters
Unit 3203-4 32Nd Floor Exchange Tower, 388 Sukhumvit Road, Klongtoey
Bangkok , Special Governed District of; Central Thailand; Postal Code: 10110

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Website: http://www.grandeasset.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1988
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Vice Chairman of the Supervisory Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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18.2%
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0.58%
Subsidiaries
Grande Equity Development Company Limited
100%
Honor Business Company Limited
100%
Honor Business Company Limited
Company Performance
Financial values in the chart are available after Grande Asset Hotels And Property Pcl report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency THB. Absolute financial data is included in the purchased report.
Net sales revenue
130.08%
Total operating revenue
126.44%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
27.88%
Total assets
8.47%
Total equity
-36.12%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
67.52%
Return on Equity (ROE)
-1.75%
Debt to Equity Ratio
70.7%
Quick Ratio
0.09%
Cash Ratio
0.11%

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