DUSIT Confident 2026 Revenue to Grow 5-8%, Supported by Dusit Thani Hotel

Earnings
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Dusit Thani Public Company Limited (DUSIT) reaffirms its full-year 2026 performance target, expecting total revenue to grow 5-8%, excluding the delivery of the Dusit Central Park project. The company aims to maintain an EBITDA margin of 18-20% and keep capital expenditure (CAPEX) at 360 million baht. In the hotel business, especially Dusit Thani Bangkok, the average occupancy rate is 70-80%, and the average daily rate (ADR) exceeds 10,000 baht. For other hotels domestically and internationally, ADR is expected to grow 6-8%. In the real estate business, the Dusit Residences project has achieved 97% bookings, valued at 16 billion baht, with a target to transfer ownership within this year of 65%, or approximately 11 billion baht. Meanwhile, the food business is expected to see revenue growth of 8-12%, while the education business has revised its target down to 5-7% due to high competition.

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