S Hotels and Resorts Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Michael Marshall

Chief executive officer

฿998.3k

Total compensation

CEO salary percentage	n/a
CEO tenure	2.8yrs
CEO ownership	n/a
Management average tenure	1.6yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO

Michael Marshall (63 yo)

2.8yrs

Tenure

฿998,275

Compensation

Mr. Michael David Marshall is Chief Executive Officer and Director of S Hotels and Resorts Public Company Limited from November 16, 2023. He serves as Director at Singha Estate Public Company Limited since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Marshall	CEO & Director	2.8yrs	฿998.28k	no data
Issarin Patramai	Chief Financial Officer	3.1yrs	no data	no data
Phuchong Suriwong	Senior Vice President of Investment & Business Development	less than a year	no data	no data
Korkiat Makpirom	Investor Relations Manager	no data	no data	no data
Kankanid Wichitcharoen	Senior Vice President of Finance	1.6yrs	no data	no data
Saratool Sakarin	Head of Internal Audit & Assistant Vice President of Internal Audit	3yrs	no data	no data
Weesupa Thongkam	Senior Vice President of Asset Management	less than a year	no data	no data
Kittaya Vuthipadadorn	Company Secretary	1yr	no data	no data

1.6yrs

Average Tenure

46.5yo

Average Age

Experienced Management: SHR's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Marshall	CEO & Director	2.8yrs	฿998.28k	no data
Chayanin Debhakam	Chairman	10.8yrs	฿1.07m	no data
Yongyoot Luangrattanamart	Independent Director	1.3yrs	฿805.21k	no data
Stephen Briones	Independent Director	1yr	฿412.00k	no data
Chairath Sivapornpan	Non-Executive Director	1yr	฿584.00k	no data
Jukr Boon-Long	Independent Director	7.8yrs	฿1.16m	no data
Naiyanobh Bhirombhakdi	Non-Executive Director	less than a year	no data	no data
Vorapat Chavananikul	Non-Executive Director	1.7yrs	฿500.81k	no data
Boriwat Pinpradab	Non-Executive Director	2yrs	฿1.22m	no data
Kanphong Panthongprasert	Independent Director	1yr	฿284.00k	no data

1.5yrs

Average Tenure

55yo

Average Age

Experienced Board: SHR's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/11 15:14
End of Day Share Price	2026/08/11 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

S Hotels and Resorts Public Company Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Thanapol Jiratanakij	CGS International
Saranrat Panthachotirat	Daol Securities (Thailand) Public Company Limited
Sirilak Konwai	Krungsri Securities Public Company Limited

S Hotels and Resorts Management

Management criteria checks 0/4

Key information

Recent management updates

S Hotels and Resorts Public Company Limited, Annual General Meeting, Apr 24, 2026

Less than half of directors are independent

Insufficient new directors

S Hotels and Resorts Public Company Limited Announces Board Changes

S Hotels and Resorts Public Company Limited, Annual General Meeting, Apr 25, 2024

S Hotels and Resorts Public Company Limited Announces Board Changes

Recent updates

Price target decreased by 8.2% to ฿2.25

First quarter 2026 earnings released: EPS: ฿0.074 (vs ฿0.049 in 1Q 2025)

New minor risk - Dividend sustainability

Final dividend of ฿0.055 announced

S Hotels and Resorts Public Company Limited Proposes Dividend for 2025, Payable on May 11, 2026

Price target increased by 9.5% to ฿2.70

S Hotels and Resorts Public Company Limited, Annual General Meeting, Apr 24, 2026

Consensus EPS estimates increase by 14%

Third quarter 2025 earnings: EPS exceeds analyst expectations

Consensus EPS estimates increase by 14%

Upcoming dividend of ฿0.015 per share

Second quarter 2025 earnings released: EPS: ฿0.007 (vs ฿0.02 loss in 2Q 2024)

Less than half of directors are independent

Consensus EPS estimates fall by 14%

Price target decreased by 11% to ฿3.00

S Hotels and Resorts Public Company Limited Approves Dividend Payment for the Year 2024, Payable on 8 May 2025

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 15%

Consensus EPS estimates increase by 19%

Price target increased by 7.3% to ฿3.30

Dividend of ฿0.03 announced

Full year 2024 earnings released: EPS: ฿0.037 (vs ฿0.024 in FY 2023)

S Hotels and Resorts Public Company Limited Proposes Cash Dividend for the Operating Period from 01 January, 2024 to 31 December, 2024, Payable on 08 May, 2025

Price target increased by 9.5% to ฿3.37

New minor risk - Share price stability

Consensus EPS estimates fall by 27%

Insufficient new directors

Price target increased by 8.7% to ฿3.13

S Hotels and Resorts Public Company Limited Announces Board Changes

Consensus EPS estimates fall by 21%

Price target decreased by 10% to ฿3.13

Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Consensus EPS estimates fall by 11%

Consensus EPS estimates increase by 11%

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: ฿0.031 (vs ฿0.035 in 1Q 2023)

S Hotels and Resorts Public Company Limited Approves Dividend for the Year 2023, Payable on May 10, 2024

Consensus EPS estimates increase by 10%

Price target increased by 8.1% to ฿3.57

Consensus EPS estimates fall by 20%, revenue upgraded

New minor risk - Earnings quality

S Hotels and Resorts Public Company Limited, Annual General Meeting, Apr 25, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 19%

Price target decreased by 8.3% to ฿3.30

Price target decreased by 8.8% to ฿3.43

S Hotels and Resorts Public Company Limited Announces Board Changes

Third quarter 2023 earnings released: EPS: ฿0.004 (vs ฿0.06 in 3Q 2022)

S Hotels and Resorts Public Company Limited Announces Chief Executive Officer Changes, Effective 16 November 2023

Consensus EPS estimates fall by 32%

Consensus EPS estimates increase by 11%

Consensus EPS estimates fall by 15%

Now 21% undervalued after recent price drop

S Hotels and Resorts Public Company Limited Approves Appointment of Issarin Patramai as Company Secretary

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

S Hotels and Resorts Public Company Limited Announces Changing of CFO

Now 20% undervalued after recent price drop

Price target decreased by 8.5% to ฿3.97

Consensus EPS estimates fall by 22%

Consensus EPS estimates fall by 12%

Now 21% undervalued after recent price drop

Price target decreased by 21% to ฿4.33

First quarter 2023 earnings: EPS misses analyst expectations

Now 26% undervalued after recent price drop

Price target increased by 9.3% to ฿5.87

Price target increased to ฿5.37

Third quarter 2022 earnings: EPS exceeds analyst expectations

Second quarter 2022 earnings released: ฿0.027 loss per share (vs ฿0.16 loss in 2Q 2021)

S Hotels and Resorts PCL Ordinary Shares Deleted from Other OTC