macro

ERW Revenue and EBITDA Rise Strongly in Third Quarter 2026

ERW reported 3Q26 revenue up 12% and EBITDA up 30%, with hotel metrics beating Thailand's industry, according to TradingView.

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what happened

ERW reported that revenue for the third quarter of 2026 rose 12%, while EBITDA climbed 30%. According to TradingView, adjusted core growth held up despite a comparison with a period affected by an earthquake.

The company's hotel metrics outpaced Thailand's industry overall. Expansion spending and strong high-season demand, per the summary, support the outlook for fiscal 2026, though tourism and macroeconomic risks remain.

why it matters

For investors, the key point is that profit is growing faster than sales while the annual outlook is maintained. That outlook rests on investment and seasonal demand, so the trend in Thai tourism remains a central factor for ERW shares.

tags

instruments

ERWThailand hotel sector

sources

  1. ERW: Revenue and EBITDA grew strongly as hotel execution outpaced industry pressure — TradingView, 12 November 2026 at 23:57 UTC

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