Boutique Corporation Public Company Limited (BC) is accelerating its business in the second half of the year with an Asset-Light model, offering hotel and property management services as a Third-Party Operator (TPO) to generate recurring income. In the first half, revenue from hotel and shopping center businesses grew 6.3%, and second-quarter EBITDA improved 20.6%. The company plans to open the 197-room Mövenpick Resort Kamala Beach Phuket by the end of 2026 and the 174-room Sukhumvit 5 project in early 2027. It is also moving forward with the development of JW Marriott Bangkok Sukhumvit 24 and the Kamala 2 project to further expand its Asset-Light portfolio.
Boutique Corporation Public Company LimitedBC's H1 hotel and shopping center revenue grew 6.3% and Q2 EBITDA improved 20.6%, alongside its asset-light expansion and new hotel openings.
