Dusit Thani Plc aims to increase its food business revenue to 2.5 billion baht by 2027, raising its contribution to total revenue to 25-30%.
Suphajee Suthumpun, group chief executive of Dusit, said of the four business units that the firm diversified into since 2016, food will see the fastest growth at around 15-20% per year, with annual earnings of around 1 billion baht.
She said since she joined Dusit in 2016, the company has completed the first three-year diversification phase that included expansion to new businesses, away from its original core of hotels and education.