DUSIT's '69 Roadmap: 65% Dusit Central Park Transfer, Q2/69 Recovery

Post Today•Economy•1d ago

Reader Briefing

Dusit Thani outlines a strategic growth and restructuring plan for 2026, expecting significant revenue boosts from real estate and hotel operations.

•Dusit Thani (DUSIT) targets transferring 65% of Dusit Central Park by the end of 2026.
•The company anticipates a tourism recovery and increased property transfers in Q2/69.
•Significant growth is projected for both hotel and food/education businesses in 2026.

•The stock price of Dusit Thani Public Company Limited or DUSIT closed at 10.10 Baht on May 29, 2026 due to trading value of 0.45 million.
•Sookij Ngamsangphong, Chief Accounting and Financial Officer of Dusit Group, revealed in the Earnings Call that tourism is expected to improve sequentially in Q2/69.
•In Q1/69, approximately 3-5% of the total sales value, or about 500 million Baht, has been transferred.
•Dusit Thani confirms the goal of transferring 65% of the Dusit Central Park project value by the end of 2026, with accumulated transfers from late 2025 to Q1/2026 at approximately 5% or 840 million Baht.
•Dusit Thani Bangkok expects average daily room rate (ADR) to grow by 10-15% and an average occupancy rate of 60% in 2026.
•Dusit Group plans to open an additional 5-10 hotels this year under a management contract model.
•The restructuring of the food business is expected to be completed in the second half of 2026.
•Dusit Thani plans a capital expenditure (CAPEX) of 360 million Baht in 2026, with 50% for hotel renovations and 30% for the food business.

Full article content is available on the original source.

Sookij Ngamsangphong

"In Q2/69, the tourism situation is expected to improve sequentially after facing challenges from Middle East unrest early in the quarter."

ในไตรมาส 2/69 สถานการณ์การท่องเที่ยวคาดว่าจะปรับตัวดีขึ้นตามลำดับ หลังจากเผชิญความท้าทายจากสถานการณ์ความไม่สงบในตะวันออกกลางในช่วงต้นไตรมาส

DUSIT

"2026 is a year of growth and restructuring."

2026 ปีแห่งการเติบโต-ปรับโครงสร้าง

Dusit Thani Public Company Limited(บริษัท ดุสิตธานี จำกัด (มหาชน))ℹ️

The company whose stock performance and future business plans are detailed in the article.

DUSIT

The ticker symbol for Dusit Thani Public Company Limited, frequently mentioned in the article.

Bonjour(บองชู)

A bakery brand that Dusit Thani plans to invest in further after restructuring its food business.

TRIS Rating(ทริสเรทติ้ง)

The credit rating agency that affirmed Dusit Thani's creditworthiness at BBB- (Outlook Stable).

Sookij Ngamsangphong(นายสุกิจ งามสง่าพงษ์)

The Chief Accounting and Financial Officer of Dusit Group, who provided insights on the company's performance and future outlook.

Dusit Parkside

A residential project within Dusit Central Park, with customer readiness for room inspection mentioned.

Dusit Residences

A residential project within Dusit Central Park, with customer readiness for room inspection mentioned.

Dusit Thani Bangkok Hotel(โรงแรมดุสิตธานี กรุงเทพฯ)

The flagship hotel of Dusit Thani, expected to open for a full year in 2026 and contribute significantly to revenue.