Following record-high earnings, the Company advances strategy to elevate portfolio for sustainable growth
Bangkok 27 April 2026 – S Hotels and Resorts Public Company Limited (SET: SHR), a leading international hotel and resort investment and management company, under Singha Estate PCL (SET: S), led by Mr. Chayanin Debhakam, D.B.A., Chairman of the Board of Directors; Mr. Boriwat Pinpradab, Chairman of the Executive Committee, and Mr. Michael David Marshall, Chief Executive Officer, together with the Board of Directors, convened the 2026 Annual General Meeting of Shareholders on 24 April 2026. The meeting acknowledged the Company’s 2025 operating performance and approved the dividend payment for the year.
Mr. Michael David Marshall, Chief Executive Officer, stated following the meeting: “In 2025, SHR delivered strong performance across multiple fronts. We continued to enhance operational efficiency, improve profitability, and reduce financing costs, resulting in a record-high normalised net profit of THB 615 million, nearly tripling year-on-year.
Reflecting this performance, the shareholders approved a dividend payment of THB 0.07 per share, equivalent to a total of THB 251,554,800, representing 46.67% of net profit, as per the separate financial statements after deducting legal reserves, in line with the company’s dividend policy. An interim dividend of THB 0.015 per share was already paid on 10 September 2025. The remaining dividend of THB 0.055 per share will be paid, with the record date set for 12 March 2026 and the payment scheduled for 11 May 2026.”
Looking ahead to 2026, SHR will continue to drive its business through portfolio optimisation alongside asset rotation, prioritising investment in high-quality assets over volume-driven expansion. The Company also plans to renovate two hotels in the United Kingdom, located in Manchester and Glasgow, to enhance service standards under the lyf brand by The Ascott Limited.
Mr. Michael David Marshall, Chief Executive Officer, stated following the meeting: “In 2025, SHR delivered strong performance across multiple fronts. We continued to enhance operational efficiency, improve profitability, and reduce financing costs, resulting in a record-high normalised net profit of THB 615 million, nearly tripling year-on-year.
Reflecting this performance, the shareholders approved a dividend payment of THB 0.07 per share, equivalent to a total of THB 251,554,800, representing 46.67% of net profit, as per the separate financial statements after deducting legal reserves, in line with the company’s dividend policy. An interim dividend of THB 0.015 per share was already paid on 10 September 2025. The remaining dividend of THB 0.055 per share will be paid, with the record date set for 12 March 2026 and the payment scheduled for 11 May 2026.”
Looking ahead to 2026, SHR will continue to drive its business through portfolio optimisation alongside asset rotation, prioritising investment in high-quality assets over volume-driven expansion. The Company also plans to renovate two hotels in the United Kingdom, located in Manchester and Glasgow, to enhance service standards under the lyf brand by The Ascott Limited.
In parallel, SHR will continue its asset enhancement initiatives to strengthen competitiveness, improve average daily rate (ADR), and increase occupancy. The Company remains committed to elevating the guest experience through enhanced food and beverage offerings, spa services, and curated activities, while further strengthening the distinct identity of its homegrown brand, SAii Hotels & Resorts.
SHR is also expanding its capabilities to capture growth in the MICE and integrated events segment, aiming to drive non-room revenue streams. At the same time, the Company continues to advance its sustainability agenda, including achieving EIC Certification across its portfolio.
“SHR’s 2025 performance reaffirms our commitment to sustainable growth. We are pleased to have significantly increased our dividend payout, more than doubling from the previous year, marking the highest dividend declared to date. In 2026, we will continue to uphold strong operational standards while accelerating growth, maintaining transparency, and creating long-term value for all stakeholders,” Mr. Marshall concluded.
SHR is also expanding its capabilities to capture growth in the MICE and integrated events segment, aiming to drive non-room revenue streams. At the same time, the Company continues to advance its sustainability agenda, including achieving EIC Certification across its portfolio.
“SHR’s 2025 performance reaffirms our commitment to sustainable growth. We are pleased to have significantly increased our dividend payout, more than doubling from the previous year, marking the highest dividend declared to date. In 2026, we will continue to uphold strong operational standards while accelerating growth, maintaining transparency, and creating long-term value for all stakeholders,” Mr. Marshall concluded.
