Fewer Chinese tourists affect CENTEL’s hotel arm Fewer Chinese tourists affect CENTEL’s hotel arm
WEDNESDAY, AUGUST 14, 2019
Central Plaza Hotel Public Company Limited (CENTEL) has reported a softening of its hotel business in the second quarter of 2019, mainly due to the lower number of Chinese tourists visiting Thailand, while its Food Business revenues increased 5.7 per cent year on year amidst intense business competition and an overall economic slowdown.