Banyan Tree Holdings Limited · SGX:B58
Banyan Tree — FY2021 Earnings Presentation
27 slides from Banyan Tree's earnings presentation, 2022
Slide 1: FY2021 Results Briefing
FY2021 RESULTS BRIEFING BANY AN TRE E GROUP Angsana Corfu, Greece
Slide 2: Disclaimer
Disclaimer This document is provided to you for information only and should not be relied on or used as a basis for making any specific investment, business or commercial decision. No representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the informatio
Slide 3: Agenda
1. Overview 2. Key Segments Business Review AGENDA 3. Future Plans 4. Questions & Answers
Slide 4: Overview
Overview BANY AN TRE E GROUP Gar r ya Huzhou Lucun, China
Slide 5: Group Financial Highlights
OVERVIEW Group Financial Highlights (S$ million) 1H21 2H21 FY21 FY20 Variance FY21 vs FY20 Core Operating Profit/(Loss)1 (4.8) 10.1 5.3 4.3 23.3% Revenue 56.5 164.8 221.3 157.8 40.2% Operating Profit/(Loss) (16.4) 20.9 4.5 (35.1) N.M. Cashflow from Operating Activities2 23.0 118.7 141.7 8.2 1,628% 5
Slide 6: Overview Summary
OVERVIEW Core Operating Profit increased by S$1m to S$5.3m in FY21 mainly due to higher contribution from hotel management’s Fee-based segment and fee recovery of discontinued Dubai project recorded in other income. Property Sales segment delivered positive contribution to the Group. Hotel Investm
Slide 7: Key Figures
OVERVIEW Key Figures1 S$0.57 S$0.80 46% 51% S$112.3m S$131m discount NAV2 Per Share Share Price3 / NAV Cash and Cash Equivalents 7 59% S$0.6b Net Gearing Ratio4 Enterprise Value5 BANY AN TRE E GROUP Note: 1. Financial figures as at 31-Dec-21. 2. NAV denotes Net Asset Value. 3. Share price based on c
Slide 8: Key Segments Business Review
Key Segments Business Review BANY AN TRE E GROUP B a n y a n Tr e e N a n j i n g G a r d e n E x p o , C h i n a
Slide 9: Segment Performance FY21 vs Last Year
KEY SEGMENTS BUSINESS REVIEW Segment Performance FY21 vs Last Year Hotel Investments Property Sales Fee-Based Segment Head Office Expenses Total S$’Mil FY21 FY20 Var FY21 FY20 Var FY21 FY20 Var FY21 FY20 Var FY21 FY20 Var Revenue 59.5 62.2 (2.7) 122.8 69.4 53.4 38.9 26.2 12.7 - - - 221.2 157.8 63.4
Slide 10: Hotel and Fee-Based Business
HOTEL AND FEE- BASED BUSINESS H o m m B l i s s Pa t o n g P h u k e t , T h a i l a n d
Slide 11: Hotel and Fee-Based Business: RevPAR
HOTEL AND FEE-BASED BUSINESS RevPAR Overall hotels (Same Store1) revenue per available room (“RevPAR”) increased by 23% to US$76 mainly due to higher ARR. US$ RevPAR FY 100 89 80 79 80 70 76 11 60 64 67 66 62 40 30 BANY AN TRE E GROUP 20 1Q 2Q 3Q 4Q FY20 FY21 2020 2021 1 Same Store Concept excludes
Slide 12: Hotel and Fee-Based Business: Number of Keys Growth
CAGR HOTEL AND FEE-BASED BUSINESS No. of Keys Projected 16,000 24% 15,076 Pipeline 14,000 13,095 822 249 Growth1 1,700 484 249 12,000 1,464 Growth continue during 2,314 COVID-19 pandemic 10,000 1,940 9,034 838 484 564 71 CAGR of 24% based on projects 8,000 7,989 442 1,013 7,008 71 completion dates
Slide 13: New Hotel Contracts Signed in 2021
HOTEL AND FEE-BASED BUSINESS LOGO BRAND NO. OF CONTRACT SIGNED Banyan Tree 6 New Hotel Angsana 2 Contracts Signed in 2021 Garrya 7 13 Cassia 5 27 new hotel agreements signed in 2021. New hotels mainly located in Dhawa 5 China, Thailand, Vietnam, Saudi Arabia, Benin, Greece and Mexico. BANY AN TR
Slide 14: Residences and Extended Stay
RESIDENCES AND EXTENDED STAY B a n y a n Tr e e N a n j i n g G a r d e n E x p o , C h i n a
Slide 15: Residences and Extended Stay: Unit Sales Progress
RESIDENCES AND EXTENDED STAY RESIDENCES Unit Sales Progress S$'M $90 AND 150 141 units EXTENDED 118 units 120 $15.5m $60 STAY 90 60 Sales Progress $63.1 $30 $47.6 15 30 Although less units were sold in FY21, sales value was higher due to 0 $- higher quantity sold for upscale and FY20 FY21 luxury p
Slide 16: Future Plans
Future Plans BANY AN TRE E GROUP Gar r ya Xi’an Lintong , China
Slide 17: Future Plans: Wellbeing and Sustainability Focus
FUTURE PLANS Wellbeing and Sustainability Focus Continue to grow as a regenerative business led by a multi-branded portfolio centered around purposeful travel post-Covid. Future Plans Mapping climate risk to business under multiple scenarios using TCFD framework towards a decarbonisation strateg
Slide 18: Hotel Opened in FY2021
Hotel Opened In FY2021 BANY AN TRE E GROUP B a n y a n Tr e e P u e b l a , M e x i c o
Slide 19: Banyan Tree Nanjing Garden Expo, China
19 BANY AN TRE E GROUP B a n y a n Tr e e N a n j i n g G a r d e n E x p o , C h i n a
Slide 20: Garrya Huzhou Lucun, China
20 BANY AN TRE E GROUP Gar r ya Huzhou Lucun, China
Slide 21: Garrya Xi'an Lintong, China
21 BANY AN TRE E GROUP Gar r ya Xi’an Lintong , China
Slide 22: Dhawa Quzhou, China
ee aie arc Dhawa Quzhou, China
Slide 23: Angsana Corfu, Greece
23 BANY AN TRE E GROUP Angsana Corfu, Greece
Slide 24: Banyan Tree Doha, Qatar
24 BANY AN TRE E GROUP B a n y a n Tr e e D o h a , Q a t a r
Slide 25: Banyan Tree Puebla, Mexico
25 BANY AN TRE E GROUP B a n y a n Tr e e P u e b l a , M e x i c o
Slide 26: Homm Bliss Patong Phuket, Thailand
26 BANY AN TRE E GROUP H o m m B l i s s Pa t o n g P h u k e t , T h a i l a n d
Slide 27: Our Brands
BANYAN TREE ANGSANA CASSIA DHAWA aa OUR B & Q @& HON\N\ RANDS BUAHAN fag canna veya LaGuna