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AWC Q3/69 Profit Hits 1,332 Million Baht

AWC Q3/69 Profit Hits 1,332 Million Baht

Khaosod•Economy•19m ago

Reader Briefing

Asset World Corp reported a 16% increase in Q3/2026 net profit to 1,332 million baht driven by growth in hotel and commercial businesses.

  • •Asset World Corp achieved total revenue of 5,578 million baht in Q3/2026, a 7.4% increase year-on-year.
  • •The hotel and services segment saw RevPAR increase by 25.4% to 4,014 baht per night.
  • •The commercial business segment revenue rose 23.1% to 2,184 million baht.
  • •Asset World Corp is preparing an IPO for AWR REIT, incorporating five freehold assets.

Overview

  • •Asset World Corp reported Q3/2026 net profit of 1,332 million baht and total revenue of 5,578 million baht.
  • •Growth in the hotel segment was supported by quality tourists, new hotel revenue recognition, and the opening of Fairmont Bangkok Sukhumvit in August.
  • •The commercial segment's revenue growth was supported by Asiatique The Riverfront Destination, with visitor numbers increasing by 38% in the first 9 months of 2026.
  • •The occupancy rate of The Empire building increased to 74% at the end of Q3/2026.
  • •Asset World Corp expects support from the IMF meeting and the Tomorrowland music festival in Chonburi between December 11-13.
  • •Asset World Corp is preparing the initial public offering of AWR REIT, which will include Banyan Tree Krabi Resort, Banyan Tree Koh Samui, Meliá Koh Samui, Pattaya Marriott Resort & Spa, and The Empire.
  • •Asset World Corp plans to open the first phase of Aiya Wellness Club at The Empire in late 2026 and full operation in 2027.

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Key Entities

Person

Wanlapa Traisoras(นางวัลลภา ไตรโสรัส)
Chief Executive Officer and President of Asset World Corp.

Organization

Asset World Corp(บริษัท แอสเสท เวิรด์ คอร์ป จำกัด (มหาชน))ℹ️
A public company operating in hotel, service, and commercial real estate sectors.
Fairmont Bangkok Sukhumvit(โรงแรมแฟร์มอนท์ แบงคอก สุขุมวิท)
A hotel that began providing services in August.
Pattaya Marriott Resort & Spa(พัทยา แมริออท รีสอร์ต แอนด์ สปา)
A hotel that contributed to food and beverage revenue growth and will be part of AWR REIT.
InterContinental Chiang Mai Mae Ping Hotel(อินเตอร์คอนติเนนตัล เชียงใหม่ แม่ปิง โฮเทล)
A hotel with food and beverage revenue growth of 38.7%.
Aiya Rooftop at The Empire(เอ-ญ่า รูฟทอป แอท ดิ เอ็มไพร์)
A dining venue experiencing growth in revenue.
Asiatique The Riverfront Destination(เอเชียทีค เดอะ ริเวอร์ฟร้อนท์ เดสติเนชั่น)ℹ️
A commercial destination that hosts Jurassic World: The Experience and SkyFlyers: Wings of Garudapterus.
IMFℹ️
An international organization holding a meeting that will support tourism.
Jubilee Prestige Tower(จูบิลี่ เพรสทีจ ทาวเวอร์)
An office building from which Asset World Corp expects to recognize revenue.
Aiya Wellness Club(เอญ่า เวลเนส คลับ)
A health and lifestyle destination at The Empire scheduled to open in late 2026.
AWR REIT
A freehold real estate investment trust being prepared for an IPO by Asset World Corp.
Banyan Tree Krabi Resort(บันยันทรี กระบี่ รีสอร์ท)
A freehold asset to be included in the AWR REIT portfolio.
Banyan Tree Koh Samui(โรงแรมบันยันทรี เกาะสมุย)
A freehold asset to be included in the AWR REIT portfolio.
Meliá Koh Samui(มีเลีย เกาะสมุย)
A freehold asset to be included in the AWR REIT portfolio.

Place

The Empire(อาคารดิ เอ็มไพร์)ℹ️
An office building and part of the AWR REIT portfolio.
Chonburi(จ.ชลบุรี)ℹ️
The province where the Tomorrowland music festival will be held.
Pattaya(พัทยา)ℹ️
A tourist city showing high RevPAR growth.
Chiang Mai(เชียงใหม่)ℹ️
A tourist city showing growth from the Chinese market.
Koh Samui(เกาะสมุย)ℹ️
A tourist location with an increase in RevPAR.
Krabi(กระบี่)ℹ️
A tourist location with an increase in RevPAR.
Hua Hin(หัวหิน)ℹ️
A tourist location with an increase in RevPAR.