The Company’s long-term strategic roadmap for sustainable business growth is divided into three phases as follows:
Expansion and diversification into adjacent businesses, such as property development and food, allows us to leverage our long experience and expertise in our core hotel business to create new revenue streams that mitigate hotel revenue volatility and help drive sustainable growth. We see great potential in both of these areas.
Our hotel and villa portfolio comprises 300 properties operating across 19 countries in Asia, the Middle East and Africa, Europe, and the USA (Guam). Ten out of 57 hotel properties are owned hotels. (Figures as of 31 December 2023.)
The Company has a policy to pay dividends not less than 50% of the consolidated net income after tax and legal reserve (if any) and not exceeding the retained earnings presented in the Company’s financial statements and not opposed to the Public Limited Companies Act. However, this is subject to the Company’s investment and use of proceeds plan, in which the Board may consider paying dividends as appropriate by taking into account shareholders’ interests. For more information regarding Dividend Information, please visit https://www.dusit-international.com/en/investor-relations/shareholder-information/dividend-policy-and-payment