BC grows hotels and asset-light fees as tourism demand recovers
Warrants give BC a capital tap for growth BC-W5 warrants began trading on 22 July, letting holders buy new shares at 1.00 baht until February 2027. If exercised, the extra money funds real estate projects and strategic plans, strengthening the balance sheet and lowering the risk of a cash squeeze.
New funding mechanism directly supports BC's expansion plans and financial health.
First greet hotel in Asia adds recurring income BC and Accor opened greet Bangkok Sukhumvit 16 Jono on 1 August, the greet brand's first hotel in Asia. It brings steady hotel income and shows a global chain trusts BC to develop and run its assets, supporting the shift toward repeat earnings rather than one-off sales.
New hotel opening expands BC's hospitality portfolio and recurring revenue base.
Asset-light push and new projects lift outlook BC is growing its third-party operator business, managing hotels for fees without owning them, and preparing the 197-room Mövenpick Phuket and 174-room Sukhumvit 5 hotels. First-half hotel and mall revenue rose 6.3% excluding last year's asset sale, and Q2 EBITDA improved 20.6%.
Shows the core business is growing and the fee-based model can add recurring income.
Tourism rebound and 370 new rooms point to 2027 turnaround BC expects Q3/2026 to recover on returning Chinese and Indian tourists, especially in Phuket, and Chiang Mai hotels are already seeing higher occupancy and room rates in high season. Two new hotels add 370 rooms, over 30% more, with a clear turnaround expected in 2027.
Rising tourism demand and added room supply are the main drivers of future revenue and profit.