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Central Plaza Hotel Public Company Limited - CENTEL Q2/20 Opportunity Day Presentation August 21, 2020

Central Plaza Hotel Public Company Limited -CENTEL · Qatar 761 761 Turkey 449 449 Thailand 147 332 457 320 245 530 2,031 Vietnam 984 1,274 2,258 Total Rooms 607 147 825 852 2,692

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  • Central Plaza Hotel Public Company Limited - CENTEL

    Q2/20 Opportunity Day Presentation

    August 21, 2020

  • Agenda

    • Q2/20 and 1H20 summary performance

    • Hotel business overview

    • Food business overview

    • CAPEX and guidance 2020

    • Appendix

  • Consolidated earning Q2/20

    Note: * Total hotel revenue included deferred rental income

    Q2/20 Summary Performance Page 3

    THB million Q2/19Q2/20

    (Adopted TFRS 9 & 16)% Chg

    Q2/20(Not adopted TFRS 9 & 16)

    % Chg

    Total hotel revenue 2,000.7* 138.8 -93.1% 164.0* -91.8%

    Total food revenue 3,224.9 2,197.5 -31.9% 2,197.4 -31.9%

    Total revenues 5,225.6 2,336.3 -55.3% 2,361.4 -54.8%

    EBITDA 906.7 440.0 -51.5% (185.3) -120.4%

    EBITDA margin (%) 17.3% 18.8% 1.5% -7.8% -25.1%

    Net profit from operation 290.5 (465.5) -260.2% (534.7) -284.1%

    Extraordinary items

    Less: Provisions for long term employee benefits (58.1) - - - -

    Net profit after extraordinary items 232.4 (465.5) -300.3% (534.7) -330.1%

    Impact from lockdown measures and change in accounting standards

  • Consolidated earning 1H20

    Note: * Total hotel revenue included deferred rental income ** Insurance claim from fire at Central World, Big C Rajdamri and Center One in 2010

    1H20 Summary Performance Page 4

    THB million 1H191H20

    (Adopted TFRS 9 & 16)% Chg

    1H20(Not adopted TFRS 9 & 16)

    % Chg

    Total hotel revenue 4,756.4* 1,935.7 -59.3% 1,985.5 -58.3%

    Total food revenue 6,112.2 5,001.9 -18.2% 5,001.8 -18.2%

    Total revenues 10,868.6 6,937.6 -36.2% 6,987.3 -35.7%

    EBITDA 2,404.3 1,491.7 -38.0% 395.3 -83.6%

    EBITDA margin (%) 22.1% 21.5% -0.6% 5.7% -16.4%

    Net profit from operation 1,035.8 (474.6) -145.8% -518.2 -150.0%

    Extraordinary items

    Add: Insurance claim (net tax)** 80.6 - -100% - -100%

    Less: Provision of assets impairment - (36.0) NA (36.0) NA

    Less: Provisions for long term employee benefits (58.1) - 100% - 100%

    Net profit after extraordinary items 1,058.3 (510.6) -148.2% (554.2) -152.4%

    Impact from lockdown measures and change in accounting standards

  • Low gearing & optimized profile

    Page 5

    1H/20 average finance cost of 2.4%*

    Fixed, 69%USD, 14%

    JPY, 8%

    Gearing ratio Dec 2019 Jun 2020

    Interest bearing debt/Equity 0.5 1.7

    Interest-bearing Debt (excluding lease liabilities) / Equity 0.5 0.8

    Dec 2019 Jun 2020

    OD, Short-term loan Debentures (net)

    Long-term loan (net) Lease liabilities (net)

    185.7%

    53%22%

    25%

    Dec 2019 Jun 2020

    Financial position

    Total liabilities Total equity

    49%

    51%

    34%

    66%

    Total interest-bearing debt*

    1H20 Summary Performance

    THB 27.6 bn

    THB 7.7bn

    THB 37.4 bn 35.5%THB 22.0bn

    15%

    19%

    15%

    52%

    * Excluded lease liabilities

  • Hotel business overview

  • Thailand tourism overview Q2/20 no international tourist arrivals

    Hotel Business Overview Page 77

    Source: Ministry of Tourism and Sport

    10.8 9.0 9.7 10.36.7

    19.8

    6.7

    2% 1% 7% 6%

    -38%

    -100%

    1%

    -66%

    -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

    Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 Q2/20 1H19 1H20

    No. of tourist arrivals Growth yoy

    Thailand number of tourist arrivals

    Unit: million

    Chinese -60.0%, European -15.0%

    Ban international flights to Thailand due to the pandemic crisis since

    late April.

  • -78%-68%

    -73% -71%

    -63%-57%

    -65%-75%

    -56%

    Thailand tourism overview 1H20

    Page 8

    (Unit : Person)

    Source: Ministry of Tourism and Sport

    Hotel Business Overview

    Top 10 - International Tourist Arrivals decrease (%) – 1H20

    China19%

    Malaysia9%Russia

    9%

    Laos6%

    Japan5%

    India4%

    Korea4%

    France4%

    Germany3%

    UK 3%

    USA.3%

    Cambodia2%

    Vietnam2%

    Singapore2%Hong Kong

    2%

    Others23%

    Top 15 - International Tourist Contribution 1H20

    hardest hit by COVID-19

  • Maldives tourism overview Q2/20

    Hotel Business Overview Page 9

    no international tourist arrivals

    Number of tourist arrivals and occupancy rate (yoy)

    482,978379,611 389,101 451,197 382,760

    862,589

    382,760

    75% 57% 54% 62% 59%0%

    66%

    -800.0%

    -700.0%

    -600.0%

    -500.0%

    -400.0%

    -300.0%

    -200.0%

    -100.0%

    0.0%

    100.0%

    200.0%

    0

    500,000

    1,000 ,00 0

    1,500 ,00 0

    2,000 ,00 0

    2,500 ,00 0

    Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 Q2/20 1H19 1H20

    No. of arrivals % Occupancy

    Source: Ministry of Tourism, Republic of Maldives

    Unit: persons

    15%24%

    19%

    56%10% 12%% Growth yoy

    21%

    100%

  • Maldives tourism overview 1H20

    Page 10

    (Unit : Person)

    Source: Ministry of Tourism Republic of Maldives

    ban international flights to Maldives since March 27 to July 14

    Hotel Business Overview

    Top 10 – International Tourist Arrivals decrease (%) – 1H20

    Italy12%

    India9%

    China9%

    UK9%

    Russia8%

    Germany7%

    France6%

    USA…

    Switzerland2%

    Japan2%

    Saudi Arabia2%

    Austria2%

    Australia2%

    Korea1%

    Poland1%

    Others25%

    Top 15 - International Tourist Contribution 1H20

    -76%

    -59% -58%-49%

    -41%

    -59%

    -42%

    -63%

    -33%

    -70%

    3%

  • Hotel portfolio – 16,984 rooms

    Page 11

    having new management contracts during COVID-19

    In operation Pipeline

    Thailand Overseas Total Thailand Overseas TotalGrand total

    Owned 16 2 18 1 4 5 23

    Managed 19 4 23 11 23 34 57

    Total 35 6 41 12 27 39 80

    In operation Pipeline

    Thailand Overseas Total Thailand Overseas TotalGrand total

    Owned 4,205 252 4,457 147 1,432 1,579 6,036

    Managed 2,404 786 3,190 1,884 5,874 7,758 10,948

    Total 6,609 1,038 7,647 2,031 7,306 9,337 16,984

    As of June 2020

    58% Owned

    Total portfolio by rooms

    51%Thailand

    36% Owned

    Number of hotels Number of rooms

    In operation by rooms

    86%Thailand

    Hotel Business Overview

  • Pipeline – 9,337 rooms

    12Hotel Business Overview Page 12

    AEC, Middle East and Indian Ocean

    # of rooms Owned ManagedTotal

    Year 2021E 2022E 2023E 2020E 2021E 2022E 2023E 2024E

    Bali 210 210

    Cambodia 240 240

    China 300 296 596

    Dubai 607 607

    Japan 515 515

    Laos 318 48 260 626

    Maldives 310 101 130 541

    Myanmar 172 60 200 432

    Oman 71 71

    Qatar 761 761

    Turkey 449 449

    Thailand 147 332 457 320 245 530 2,031

    Vietnam 984 1,274 2,258

    Total Rooms 607 147 825 852 2,692 2,103 541 1,570 9,337

    Total Hotels 1 1 3 4 12 7 3 8 39As of June 2020

    Summary of pipeline 2020E-2024E

    Japan and China 1,111 keysEast Asia

    Turkey 449 keysWest Asia

    Bali, Cambodia, Laos, Myanmar Vietnam and Thailand 5,797 keys

    Southeast Asia

    Maldives 541 keys South Asia

    Dubai, Oman and Qatar 1,439 keys

    Middle East

    Number of rooms by region

  • Hotels: Q2/20 Operating status

    Page 13

    Own hotels # of Rooms Location

    1 Centara Grand at CentralWorld 512 Thailand

    2 Centra by Centara Government Complex Hotel & Convention Centre Cheang Watthana 212 Thailand

    3 Centara Grand Mirage Beach Resort, Pattaya 555 Thailand

    12 opening hotels

    Managed hotels # of Rooms Country

    1 Centara Koh Chang Tropicana Resort 157 Thailand

    2 Centara Chaan Talay Resort & Villas Trat 44 Thailand

    3 Centara Q Resort Rayong 41 Thailand

    4 Centara Sonrisa Residences & Suites Sriracha 145 Thailand

    5 Centra by Centara Maris Resort Jomtien 282 Thailand

    6 Centara Sandy Beach Resort Danang 204 Vietnam

    7 Centara Ceysands Resort & Spa Srilanka 165 Sri Lanka

    8 Centara Muscat Hotel 152 Oman

    9 Centara West Bay Residences & Suites Doha 265 Qatar

  • Hotel re-open during July 1 to August 14

    Page 14

    Own hotels # of Rooms Location

    1 Centara Grand at Central Plaza Ladprao Bangkok 565 Thailand

    2 Centara Hotel Hat Yai 248 Thailand

    3 COSI Pattaya Wong Amat Beach 282 Thailand

    4 Centara Grand Beach Resort & Villas Hua Hin 251 Thailand

    5 Centara Villas Samui 102 Thailand

    6 Centara Grand Beach Resort & Villas Krabi 192 Thailand

    7 Centra by Centara Hotel Mae Sot 120 Thailand

    8 Centara Villas Phuket 72 Thailand

    8 own hotels

  • Hotel re-open during July 1 to August 14

    Page 15

    Managed hotels # of Rooms Country

    1 Centara Hotel & Convention Centre Udon Thani 259 Thailand

    2 Centara Pattaya Hotel 152 Thailand

    3 Khum Phaya Resort, Centara Boutique Collection 87 Thailand

    4 Centara Azure Hotel Pattaya 96 Thailand

    5 Centra by Centara Phu Pano Resort Krabi 158 Thailand

    6 Centra by Centara Cha Am Beach Resort Hua Hin 190 Thailand

    7 Centara Watergate Pavillion Hotel Bangkok 281 Thailand

    8 Waterfront Suites Phuket by Centara 39 Thailand

    8 managed hotels

  • 2,001

    164 139

    4,756

    1,986 1,936

    543

    -309 -185

    1,719

    121 371

    -1,000

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    Q2/19 Q2/20 (Notadopted TFRS 16

    & 9)

    Q2/20 (AdoptedTFRS 16 & 9)

    1H19 1H20 (Notadopted TFRS 16

    & 9)

    1H20 (AdoptedTFRS 16 & 9)

    Total Revenue EBITDA

    157%

    92% 93%

    93%

    58% 59%

    Hotel performance

    16Hotel Business Overview Page 16

    Unit: THB mn

    EBITDA margin

    revenue drop from temporary closure while optimizing fixed cost

    134%

    27% -189% -133% 36% 6% 19%

    78%

  • Total own portfolio

    17Hotel Business Overview Page 17

    Q2/20 RevPar -96.4%

    Excluding Centara Grand Samui and Cosi Pattaya Wong Amat BeachAll hotels

    4,050

    2,490

    4,845 5,100

    4,051

    2,490

    4,839 5,166

    2,952

    104

    3,784

    1,600

    2,949

    107

    3,770

    1,633

    72.9%

    4.2%

    78.1%

    31.4%

    72.8%

    4.3%

    77.9%

    31.6%

    -200%

    -150%

    -100%

    -50%

    0%

    50%

    100%

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    10,000

    Q2/19 Q2/20 1H19 1H20 Q2/19 Q2/20 1H19 1H20

    Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

    68.7% 68.5%

    38.5%

    96.4%96.5%

    38.5%

    46.7%46.3%

    5.3%

    57.7%

    6.8%

    56.7%

  • Thailand portfolio

    18Hotel Business Overview Page 18

    Q2/20 RevPar -95.1%

    Excluding Centara Grand Samui and Cosi Pattaya Wong Amat BeachAll hotels

    3,257

    2,490

    3,937 4,048

    3,2342,490

    3,893 4,101

    2,357

    111

    3,054

    1,258

    2,336

    114

    3,012

    1,285

    72.4%

    4.5%

    77.6%

    31.1%

    72.2%

    4.6%

    77.4%

    31.3%

    -200%

    -150%

    -100%

    -50%

    0%

    50%

    100%

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    10,000

    Q2/19 Q2/20 1H19 1H20 Q2/19 Q2/20 1H19 1H20

    Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

    67.9%

    95.3%

    23.5%

    67.6%

    23.0%

    95.1%

    58.8%

    46.5%

    2.8%

    46.1%

    5.3%

    57.3%

  • Bangkok portfolio

    19Hotel Business Overview Page 19

    Q2/20 RevPar -96.1%

    2,879

    1,246

    3,0932,570

    2,207

    85

    2,430

    681

    76.6%

    6.8%

    78.6%

    26.5%

    -80%

    -60%

    -40%

    -20%

    0%

    20%

    40%

    60%

    80%

    100%

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    10,000

    Q2/19 Q2/20 1H19 1H20

    Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

    69.8%

    56.7%

    96.1%

    52.1%

    72.0%

    16.9%

  • Upcountry portfolio

    20Hotel Business Overview Page 20

    Q2/20 RevPar -94.6%

    3,4663,827

    4,365 4,648

    3,4393,827

    4,3254,738

    2,433

    125

    3,365

    1,555

    2,404

    130

    3,319

    1,607

    70.2%

    3.3%

    77.1%

    33.4%

    69.9%

    3.4%

    76.7%

    33.9%

    -200%

    -150%

    -100%

    -50%

    0%

    50%

    100%

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    10,000

    Q2/19 Q2/20 1H19 1H20 Q2/19 Q2/20 1H19 1H20

    Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

    20.4 %

    94.9% 94.6%

    All hotels Excluding Centara Grand Samui and Cosi Pattaya Wong Amat Beach

    66.9 %

    10.4%

    66..5%43.7%

    6.5%

    53.8%

    42.8%

    11.3%

    51.6%

    9.5%

  • Maldives portfolio

    21Hotel Business Overview Page 21

    temporary closure since April

    14,83717,421

    18,979

    12,01114,967

    6,740

    81.0% 85.9%

    35.5%

    -100%

    -80%

    -60%

    -40%

    -20%

    0%

    20%

    40%

    60%

    80%

    0

    5,000

    10,000

    15,000

    20,000

    25,000

    30,000

    35,000

    40,000

    Q2/19 Q2/20 1H19 1H20

    Average Room Rate (ARR) Revenue Per Available Room (RevPar) Occupancy (OCC)

    50.4%

    217 USD

    55.0%

    8.9%

    Closed since April 54.2%

  • Hotel revenue breakdown by region

    Page 22

    32.9%

    17.6% 15.9%12.7%

    7.4%5.1% 6.2%

    2.2%

    24.4%20.1% 19.6%

    13.7%10.0%

    2.7%

    7.1%

    2.4%

    Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Others

    1H19 1H20Total revenue

    1H20 Bangkok Maldives Phuket Pattaya Hua Hin Samui Krabi Hat Yai Tak

    % RevPar Growth yoy -72.0% -55.0% -49.0% -61.1% -44.8% -72.0% -56.5% -67.1% -42.9%

    Hotel Business Overview

    done80% of hotel revenue from Thailand

    -14.8%

    Excluding Centara Grand SamuiExcluding Cosi Pattaya

    -55.3%

  • Food business overview

  • 1H20: Portfolio of 1,067 outletsnet expansion of 60 outlets (or +6.0% yoy)

    Page 24Food Business Overview

    Bangkok Non-Bangkok

    49% Non-Bangkok

    67% Non-Bangkok

    Brands # of outlets Change yoy

    KFC 282 +10

    Mister Donut 373 +9

    Auntie Anne’s 183 +10

    Ootoya 48 +2

    Pepper Lunch 46 +5

    The Terrace 9 -

    Chabuton 17 -2

    Yoshinoya 18 -3

    Tenya 14 +3

    Katsuya 38 +10

    Cold Stone 17 -1

    Aroi Dee 17 +13

    Suki House 3 +2

    Kowlune 2 +2

    Total 1,067 60

    Number of outlets by location Revenue contribution by location

  • Food business performance Lockdown measure hurt topline and profitability despite growth in delivery

    Page 25Food Business Overview

    3,225

    2,197 2,197

    6,112

    5,002 5,002

    364124

    625 686275

    1,121

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    Q2/19 Q2/20 (Notadopted TFRS 16

    & 9)

    Q2/20 (AdoptedITFRS 16 & 9)

    1H19 1H20 (Notadopted TFRS 16

    & 9)

    1H20 (AdoptedITFRS 16 & 9)

    Total Revenue EBITDA

    66%

    32%

    18%

    32%

    72%

    18%

    60%64%

    Unit: THB mn

    EBITDA margin

    11% 6% 28% 11% 5% 22%

  • SSS & TSS growths reached the bottom in April during lockdown

    Page 26Food Business Overview

    Same store sale (SSS) and Total system sale (TSS) growths

    -1.8%

    -8.4%-6.3%

    -9.5%

    -35.4%

    -2.8%

    -23.0%

    5.7%

    -1.0%

    1.8%

    -3.0%

    -32.0%

    4.6%

    -18.3%

    -40 .0%

    -35.0%

    -30.0%

    -25.0%

    -20.0%

    -15.0%

    -10.0%

    -5.0%

    0.0%

    5.0%

    10.0%

    SSS TSS

    Q2/19 Q3/19 Q4/19 Q1/20 1H19 1H20Q2/20

  • Breakdown SSS and TSS

    Page 27

    SSS TSS

    Q2/19 Q2/20 Q2/19 Q2/20

    Top 4 brands -1.6% -31.4% 5.3% -28.4%

    Others* -3.3% -63.8% 8.7% -53.3%

    Total Average -1.8% -35.4% 5.7% -32.0%

    SSS TSS Number of outlets Number of outlets% Change yoy1H19 1H20 1H19 1H20 1H19 1H20

    Top 4 brands -2.7% -19.8% 4.0% -16.0% 855 886 3.6%

    Others* -3.4% -44.6% 8.5% -31.9% 152 181 19.1%

    Total Average -2.8% -23.0% 4.6% -18.3% 1,007 1,067 6.0%

    Note: *SSS 7 brands excluded Aroi dee, Suki House and Kowlune

    *TSS 10 brands

    greater impact to “others” during lockdown due to loss of dine-in revenue

  • 56.5%

    14.4%

    7.1% 7.5%

    14.5%

    60.3%

    14.9%

    6.6% 5.8%12.4%

    KFC Mister Donut Auntie's Anne Ootoya Others

    1H19 1H20

    Food total revenue breakdown

    Page 28Food Business Overview

    KFC substantial gain from delivery during lockdown

    Total revenue

  • Recent development

    Page 29

    CRG Cloud kitchen targeting 6-10 kitchens in 2020

  • CAPEX & GUIDANCE 2020

  • 5-year capital expenditure

    Page 31

    revised down CAPEX in line with liquidity

    Financial Highlight

    -

    2,000

    4,000

    6,000

    2019A 2020E 2021E 2022E 2023E

    Hotel Food Potential projects

    2020E2019E 2021E

    Centara Grand Central World

    Renovation

    &

    Enhancement

    New Investment

    &

    Expansion

    Centara Grand Samui

    Centara Grand Hua Hin*

    New investment in food brand(s) & hotel(s)*

    Food outlet expansion

    2 new Centara Maldives

    Centara Dubai

    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

    Centara Grand Osaka

    2022E 2023E

  • CENTEL guidance 2020

    Page 32Financial Highlight

    2020E

    Hotel

    Occupancy Rate (%) 30% to 35% yoy(Organic excluding Centara Grand Beach Resort Samui, COSI Pattaya Wong Amat Beach and new properties)

    RevPar (THB) -60% yoy(Organic excluding Centara Grand Beach Resort Samui, COSI Pattaya Wong Amat Beach and new properties)

    Food

    SSS -16% to -18% yoy

    TSS -12% yoy

    Number of outlets +50 to +70 net number of outlets

    gradual recovery expected

  • Q&A

    33Page 33Q&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.

    34Page 34

  • Appendix

  • Hotel revenue by asset type (Freehold & Leasehold)

    Page 36Appendix

    1.9

    8.5

    12.5

    33.3

    0

    5

    10

    15

    20

    25

    30

    35

    CentaraGrand Hua

    Hin

    CentaraGrand

    Ladprao

    CentaraGrand Central

    World

    COSI Samui

    Rem

    ain

    ing

    Year

    s

    Remaining leasehold life for Thailand hotels as at June 30, 2020

    CHBR7% CGLB

    11%

    CGCW21%

    39%

    44%

    17%

    2019 hotel revenue

    Thailand freehold

    Thailand leaseholdMaldives leasehold

  • Page 37Appendix

    Hotels in operation as at June 30, 2020 (1/4)

    Own hotels Stars Opened # of Rooms % Ownership Location

    1 Centara Grand at Central Plaza Ladprao Bangkok 5 Q2/83 565 100% Thailand

    2 Centara Grand Beach Resort & Villas Hua Hin 5 Q1/86 251 64% Thailand

    3 Centra by Centara Hotel Mae Sot 3 Q4/89 120 100% Thailand

    4 Centara Hotel Hat Yai 4 Q4/95 248 100% Thailand

    5 Centara Reserve Samui Luxury Q2/96 184 25% in Property Fund Thailand

    6 Centara Villas Samui 4 Q2/00 102 100% Thailand

    7 Centara Villas Phuket 4 Q2/00 72 100% Thailand

    8 Centara Grand Beach Resort & Villas Krabi 5 Q4/05 192 100% Thailand

    9 Centara Kata Resort Phuket 4 Q2/06 163 100% Thailand

    10 Centara Karon Resort Phuket 4 Q2/06 335 100% Thailand

    11 Centara Grand at CentralWorld 5 Q4/08 512 100% Thailand

    12 Centara Grand Mirage Beach Resort Pattaya 5 Q4/09 555 100% Thailand

    13 Centara Grand Island Resort & Spa Maldives 5 Q4/09 112 74% Maldives

    14 Centara Grand Beach Resort Phuket 5 Q4/10 262 100% Thailand

    15 Centara Ras Fushi Resort & Spa Maldives 4 Q1/13 140 75% Maldives

    16 COSI Samui Chaweng Beach Affordable lifestyle Q1/17 150 100% Thailand

  • Page 38Appendix

    Hotels in operation as at June 30, 2020 (2/4)

    Owned hotels Stars Opened # of Rooms % Ownership Location

    17 Centra by Centara Government Complex Hotel & Convention Centre Cheang Watthana

    3 Q4/12 212 100% Thailand

    18 Cosi Pattaya Wong Amat Beach Affordable lifestyle Q4/19 282 100% Thailand

    Total owned hotels 4,457

    *revised number

  • Page 39Appendix

    Hotels in operation as at June 30, 2020 (3/4)

    Managed hotels Stars Opened # of Rooms Country

    19 Centara Chaan Talay Resort & Villas Trat 4 Q1/08 44 Thailand

    20 Centara Hotel & Convention Centre Udon Thani 4 Q2/10 259 Thailand

    21 Centara Q Resort Rayong 4 Q2/10 41 Thailand

    22 Khum Phaya Resort, Centara Boutique Collection Boutique Q3/10 87 Thailand

    23 Waterfront Suites Phuket by Centara Residence Q1/11 39 Thailand

    24 Centara Anda Dhevi Resort & Spa Krabi 4 Q4/11 135 Thailand

    25 Centara Pattaya Hotel 4 Q4/11 152 Thailand

    26 Centara Nova Hotel & Spa Pattaya 4 Q4/11 79 Thailand

    27 Centara Koh Chang Tropicana Resort 4 Q2/12 157 Thailand

    28 Centra Coconut Beach Resort Samui 3 Q3/12 55 Thailand

    29 Centara Sandy Beach Resort Danang 4 Q4/12 204 Vietnam

    30 Centara Watergate Hotel & Spa Bangkok 4 Q2/13 281 Thailand

    31 Centara Ceysands Resort & Spa Srilanka 4 2Q14 165 Sri Lanka

    32 Centra by Centara Avenue Hotel Pattaya 3 4Q14 51 Thailand

  • Page 40Appendix

    Hotels in operation as at June 30, 2020 (4/4)

    Managed hotels Stars Opened # of Rooms Country

    33 Centra by Centara Maris Resort Jomtien 3 1Q16 282 Thailand

    34 Centra by Centara Phu Pano Resort Krabi 3 4Q16 158 Thailand

    35 Centara Azure Hotel Pattaya 4 4Q16 96 Thailand

    36 Centara Muscat Hotel 4 2Q17 152 Oman

    37 Centara West Bay Residences & Suites Doha Residence 4Q18 265 Qatar

    38 Centara Sonrisa Residence and Suites Sriracha Residence 2Q19 145 Thailand

    39 Maikhao Hotel Boutique 3Q19 142 Thailand

    40 Maikhao Dream Villa Resort & Spa Boutique 3Q19 22 Thailand

    41 Centara Ao Nang Beach Resort & Spa Krabi 4 4Q19 179 Thailand

    Total managed hotels 3,190

    Grand total 7,647

  • Thank You