Rompho Property Public Company Limited, or TITLE, is confident that the second half of the year will continue to grow, supported by Phuket's tourist season, and has set a revenue target of 6 billion baht for 2026. In the first half, total revenue reached 2.004 billion baht, up 377 percent from the same period last year, with net profit of 293 million baht, a growth of 1,358 percent. A key driver was revenue recognition from the newly completed project, The Title Serenity Nai Yang, valued at 4 billion baht. In the second half, the company will continue to gradually hand over this project, while beginning transfers of major projects such as The Title Heritage Bangtao, valued at 6 billion baht, and The Title Cielo Rawai, valued at 1.2 billion baht. It also prepares to recognize revenue from its first luxury villa project, The Title Villa Estella Nai Yang, valued at 500 million baht, which is already sold out. Additionally, the company has a sales backlog as of the end of the second quarter of 2026 worth over 22.981 billion baht, to be gradually recognized through 2028, and is expanding its recurring income portfolio through the hospitality business, preparing to open its first beachfront restaurant and develop three new hotel projects in partnership with IHG Hotels and Resorts.
Rhom Bho Property Public Company LimitedStrong H1 revenue growth and backlog driven by Phuket tourism demand and project handovers.
InterContinental Hotels Group PLC ADRPartnership with IHG for three new hotel projects indicates demand for their management services.
