Travellers International Hotel Low Net Profit

Travellers International Hotel Low Net Profit
May 15, 2018

Travellers may want to refocus their position on mass market or middle-class patrons after their net profits are lower than expected. China sees great gains with middle-class gamblers, but there is also the issue of less space at one of Travellers locations. They are unable to support as many gamblers. Net profit information shows a third drop in profits. The gross gaming revenue has taken a toll on the hotel-casino operator. Travellers is a Philippine-based operator, with several partnerships, including Resorts World Manila, and a joint venture with Genting Hong Kong. They also share profits with the Philippines Alliance Global… Read More