MrSitthichai said the DharaDhevi Hotel has performed very well this year with an average occupancy rate of 50%, the highest since it opened 11 years ago.
Revenue from DharaDhevi Hotel is expected to contribute 20% of IFEC's total revenue this year, which is projected at around 2 billion baht and the lion's share will come from the energy business.
IFEC shares closed yesterday on the Stock Exchange of Thailand at 6.60 baht, down 10 satang, in trade worth 357 million baht.