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Bangkok Post
Bangkok Post
Business

Singha Estate upbeat on raising hotel income

SET-listed property firm Singha Estate Plc is expecting double growth in hotel income this year and a significant increase in residential revenue from the return of foreign arrivals in the second half after the country's reopening.

Chief financial officer Chairath Sivapornpan said revenue from hotel business would rise from 4.5 billion baht in 2021 to 9 billion baht in 2022 as all of its hotels will fully recover.

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