HOTEL ROYAL
̛Ө
ROYAL MEMORIES
28
In 2015, the revenue from all segments – namely, hospitality operations,
investment properties and financial instruments - rose by 1.0% to $57.3
million, thanks to higher contributions from the newly relaunched Hotel
Royal Bangkok @ Chinatown and Burasari Resort, Phuket and the newly
acquired The Baba House in Melaka. The property and investment
segments were flat for the year.
In FY2015, the downward adjustments of room rates, coupled with lower
room occupancy, led to lower room revenue and food and beverage
sales in our hotels in Singapore and Malaysia.
Rental income from investment properties in New Zealand, when
translated to the Singapore dollar, suffered a decline due to the weaker
New Zealand dollar and Malaysia Ringgit.
The increase in revenue from the Group’s Thailand operations was due to
the full-year contribution from Burasari Resort in Phuket, Thailand and the
relaunched Hotel Royal Bangkok @ Chinatown.
REVENUE
BY SEGMENT (%)
REVENUE
BY GEOGRAPHICAL
LOCATION (%)
Financial year ended 31 Dec
Increase
2015
2014
(Decrease)
$’000
%
$’000
%
$’000
%
Hotel segment
47,574
83
46,800
83
774
1.7%
Properties segment
9,082
16
9,260
16
(178) ( 1.9%)
Investment segment
624
1
627
1
( 3) ( 0.5%)
57,280 100
56,687 100
593
1.0%
Financial year ended 31 Dec
Increase
2015
2014
(Decrease)
$’000
%
$’000
%
$’000
%
Singapore
29,812
52
31,966
56 ( 2,154) ( 6.7%)
Malaysia
9,904
17
13,086
23 ( 3,182) (24.3%)
New Zealand
6,563
12
6,714
12 ( 151) ( 2.2%)
Thailand
11,001
19
4,921
9
6,080 123.6%
57,280 100
56,687 100
593
1.0%
Hotel segment
Properties segment
Investment segment
Singapore
Malaysia
New Zealand
Thailand
FY2015
FY2015
FY2014
83
16
1
83
52
16
12
17
1
19
56
12
9
23
FY2014
