Business

Covering the corner of the best West Lake, Thang Loi Hotel wants to welcome 60,000 golf guests in 2022, revenue and profit both increase sharply.

According to information from Thang Loi Hotel Joint Stock Company, in 2021, the hotel’s business revenue was only 6.1 billion VND, a deep decrease compared to previous years. The reason is that the Covid-19 epidemic has caused the tourism and hotel markets to almost fall into a state of hibernation throughout the year.

For the whole year, Thang Loi Hotel only sold 2,805 rooms, welcomed 3,332 guests, all only 1/3 of 2020 and about 1/10 compared to before the Covid-19 epidemic appeared.

Therefore, Thang Loi’s hotel revenue last year was VND 6.1 billion, down nearly 60% compared to 2020 and down 85% compared to 2019.

In 2022, in the context that the Covid-19 epidemic is almost under control, domestic and international flights have been resumed, Thang Loi Hotel aims to welcome up to 21,539 guests and increase revenue sharply. 26.4 billion VND.

The company’s management said that this year the company is carrying out a project to upgrade a lakeside restaurant for night dining and guests with a swimming pool at the hotel.

Covering the corner of the best West Lake, Thang Loi Hotel wants to welcome 60,000 golf guests in 2022, revenue and profit both increase sharply - Photo 1.

For the golf business, Thang Loi Hotel expects the number of visitors this year to increase dramatically, to nearly 60,000, while in the last 3 years it has fluctuated between 24,000-28,000 visitors per year. Golf revenue last year reached VND 2.9 billion and is expected to reach VND 4.4 billion in 2022.

The reason why the number of golf visitors has increased sharply is because the company has invested in upgrading 15 new golf practice lanes, in order to overcome the demand for peak hours and increase the number of golf visitors.

Besides the hotel and golf segment, financial income will continue to make an important contribution to the business results of Thang Loi Hotel, which is expected to reach VND 60 billion in 2022. Thereby, Thang Loi Hotel sets a target pre-tax profit of 33.6 billion dong, up 35% compared to the previous year. The financial revenue of Thang Loi Hotel comes from savings deposits of up to 945 billion VND, bringing about 50-60 billion VND in profit for the company every year.

Covering the corner of the great West Lake, Thang Loi Hotel wants to welcome 60,000 golf guests in 2022, revenue and profit both increase sharply - Photo 2.

Thang Loi Hotel is one of the hotels with the most favorable location in Hanoi when it covers a corner of West Lake. This is a hotel built by Cuba in Vietnam since 1973 and inaugurated in 1975. Thang Loi Hotel is a 4-star hotel with 175 rooms and is managed by Thang Loi Hotel Joint Stock Company, belonging to Thang Loi Hotel. system of BRG Group, with charter capital up to 980 billion VND. In addition to providing hotel services for tourists, Thang Loi is also a famous venue for events and weddings in Hanoi.

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