Silks Hotel Group demonstrated solid operational performance in 2024 under the backdrop of a stable return of international business and leisure travelers. At Regent Taipei, room revenue across the board exceeded pre-pandemic levels, with accommodation demand continuously growing and strong momentum in F&B and banquet services. The opening of new restaurants—Spice Market, Wellspring by Silks, and Mihan Beitou—fueled record-high revenue for the Food & Beverage division. Stellar performance of Regent Galleria boosted rental income from the shopping mall, driving overall revenue significantly higher.
Silks Place Tainan showed resilience amid the domestic outbound travel boom by sustaining revenue through innovative services that integrate local culture, demonstrating strong market adaptability. Wellspring by Silks Beitou began trial operations in September 2024, offering the brand new growth opportunities. Silks Place Taroko reopened in mid-January 2025 following a nine-month closure due to the Hualien 4.03 earthquake, gradually stabilizing its operations and continuing to see revenue growth.
In 2024, Silks Hotel Group reported consolidated operating and non-operating income of NT$6,535.6 million. The parent company's net income after tax was NT$1,346.033 million, a decrease of NT$69.522 million (-4.91%) compared to 2023, mainly due to the suspension of Silks Place Taroko caused by the 403 earthquake. Earnings per share stood at NT$10.57, exceeding the Company's Paid-in Capital. The Board resolved an excess dividend of NT$14.3612 per share, the second-highest on record, with a payout ratio of 135.87%, the third-highest historically.
2024 Operating Performance Chart
| Item | 2022 | 2023 | 2024 |
|---|---|---|---|
| Catering Revenue | 2,829,445 | 3,313,245 | 3,176,987 |
| Room Revenue | 1,896,333 | 2,504,117 | 2,278,963 |
| Other Revenue | 871,545 | 947,680 | 1,079,650 |
| Group Consolidated Operating Revenue | 5,597,323 | 6,765,042 | 6,535,600 |
| Group Consolidated Profit Before Tax | 1,304,188 | 1,908,685 | 1,664,210 |
| Earnings Per Share (EPS) | 7.09 | 11.11 | 10.57 |
Unit: Thousand New Taiwan Dollars