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Improved gaming operations boosted the profits of Travellers International Hotel Group Inc., the operator of Resorts World Manila, in the first six months of the year.

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TRAVELLERS GROUP

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Foreign exchange losses and higher operating expenses of Resorts World Manila dragged down the net income last year of listed Travellers International Hotel Group Inc.

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                    [Title] => Travellers Int’l pegs IPO price at P11.28/share
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Travellers International Hotel Group Inc., the operator of Resorts World Manila, has finalized the selling price for its initial public offering (IPO) at P11.28 per share following the bookbuilding process and international roadshows, scaling down its estimated proceeds to P20.4 billion.

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abtest

Travellers Int’l doubles net income to P5.45 B in 2014

March 21, 2015 - 12:00am

Resorts World Manila operator Travellers International Hotel Group Inc. has doubled its earnings last year after reducing operating expenses.

Business

Travellers Group earnings rise 25%

By Neil Jerome C. Morales | August 16, 2014 - 12:00am

Improved gaming operations boosted the profits of Travellers International Hotel Group Inc., the operator of Resorts World Manila, in the first six months of the year.

Business

Alliance Global earnings jump to P3.94 B

By Neil Jerome C. Morales | May 21, 2014 - 12:00am

The strength of the real estate, gaming and liquor businesses allowed Alliance Global Group Inc. (AGI) of property tycoon Andrew L. Tan to record double-digit profit growth in the first quarter.

Business

Travellers Q1 income up 72%

By Neil Jerome Morales | May 17, 2014 - 12:00am

An improvement in win rate significantly boosted the first quarter earnings of Travellers International Hotel Group Inc., the owner and operator of the Resorts World Manila casino complex.

Business

Alliance Global profit up 13% to P23.1B

By Neil Jerome Morales | May 1, 2014 - 12:00am

Investment firm Alliance Global Group Inc. (AGI) recorded another banner year in 2013, posting double-digit growth in earnings...

Business

Resorts World to expand gaming activity

By Neil Jerome Morales | April 30, 2014 - 12:00am

Travellers International Hotel Group Inc. has secured the Philippine gaming regulator’s approval to substantially expand the gaming segment in its integrated casino project.

Business

Travellers Group earnings tumble 60% to P2.7B in ‘13

By Neil Jerome C. Morales | March 21, 2014 - 12:00am

Foreign exchange losses and higher operating expenses of Resorts World Manila dragged down the net income last year of listed Travellers International Hotel Group Inc.

Business

UBS exercises over allotment option for TI stocks

By Neil Jerome C. Morales | December 6, 2013 - 12:00am

The underwriter of newly-listed casino and hospitality firm Travellers International Hotel Group Inc. is taking advantage of the option to buy and sell more shares to help stabilize prices.

Business

Alliance Global posts 42% profit hike to P19.2B

By Neil Jerome C. Morales | November 15, 2013 - 12:00am

Andrew Tan’s investment holding firm Alliance Global Group Inc. (AGI) posted another hefty improvement in its profits on the back of higher income of all its major businesses.

Business

Travellers Int’l pegs IPO price at P11.28/share

By Neil Jerome Morales | October 18, 2013 - 12:00am

Travellers International Hotel Group Inc., the operator of Resorts World Manila, has finalized the selling price for its initial public offering (IPO) at P11.28 per share following the bookbuilding process and international...

Business