{"id":777020748,"date":"2024-11-15T11:45:11","date_gmt":"2024-11-15T14:45:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777020748"},"modified":"2026-04-22T04:11:41","modified_gmt":"2026-04-22T07:11:41","slug":"travellers-international-hotel-group-posts-net-loss-of-us1-4m-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/travellers-international-hotel-group-posts-net-loss-of-us1-4m-for-q3","title":{"rendered":"Travellers International Hotel Group posts net loss of US$1.4m for Q3"},"content":{"rendered":"\n<p>Consolidated revenue and other income was down 11.5 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.- <strong>Travellers International Hotel Group<\/strong>, the company that operates the <a href=\"https:\/\/focusgn.com\/asia-pacific\/agi-clarifies-management-changes-at-newport-world-resorts\" target=\"_blank\" rel=\"noreferrer noopener\">Newport World Resorts casino complex<\/a>, has reported gross gaming revenue (GGR) of PHP7.33bn ($124m) for Q3. That\u2019s down 11.5 per cent when compared to last year and 20.1 per cent quarter-on-quarter.<\/p>\n\n\n\n<p>The company reported a <strong>net loss of PHP81m (US$1.4m)<\/strong> for the quarter ended September 30. That compared with a loss of PHP21m (US$356.517) a year earlier. Cost and expenses for Travellers International decreased by 10.7 per cent year-on-year and 15.3 per cent quarter-on-quarter.<\/p>\n\n\n\n<p>For the first nine months this year, Travellers International reported aggregate revenues of PHP23.63bn, up 0.9 per cent from a year earlier.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"https:\/\/focusgn.com\/asia-pacific\/travellers-international-hotel-group-appoints-laurence-hawke-as-cfo\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/travellers-international-hotel-group-appoints-laurence-hawke-as-cfo\" target=\"_blank\" rel=\"noreferrer noopener\">Travellers International Hotel Group appoints Laurence Hawke as CFO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consolidated revenue and other income was down 11.5 per cent year-on-year.<\/p>\n","protected":false},"author":226,"featured_media":777011925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Travellers International Hotel Group, operator of Newport World Resorts in the Philippines, reported a Q3 GGR of PHP7.33bn, marking an 11.5% year-on-year decline and a 20.1% quarter-on-quarter decrease. The company posted a net loss of PHP81m for the quarter, an increase from the prior year's loss, despite a reduction in costs and expenses. For the first nine months, aggregate revenues showed a marginal 0.9% year-on-year increase.","focusai_entities":"Travellers International Hotel Group, Newport World Resorts, Laurence Hawke","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.95), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GGR Decline Drivers?","query":"What specific market factors or operational challenges contributed to the significant year-on-year and quarter-on-quarter GGR decline for Newport World Resorts?"},{"label":"Profitability Strategy?","query":"Given the increased net loss despite cost reductions, what strategic initiatives is Travellers International Hotel Group implementing to restore profitability and improve NGR margins?"}],"footnotes":""},"categories":[163,16333],"tags":[24194],"class_list":["post-777020748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-travellers-international-hotel-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777020748"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020748\/revisions"}],"predecessor-version":[{"id":777020767,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020748\/revisions\/777020767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777011925"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777020748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777020748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777020748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}