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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Flight Centre Travel Group Limited    FLT   AU000000FLT9

FLIGHT CENTRE TRAVEL GROUP LIMITED

(FLT)
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Flight Centre Travel : The Newest Luxury Lifestyle, X2 Bali Breakers Resort

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05/23/2019 | 01:27am EDT

(Denpasar, Bali, Indonesia) BHMA Hotels and Resorts has opened its first luxury lifestyle resort in Indonesia, the X2 Bali Breakers Resort, near the famous Balangan Surf Beach. BHMA is an internationally recognized chain operator based in South East Asia, renowned for its exceptionally designed lifestyle resorts that redefine The Luxury Experience and encourage guests to “X2” or “Cross To” a new dimension of luxury. The X2 brand is a wholly-owned subsidiary of the Flight Centre Travel Group. Already acclaimed as one of Bali’s most anticipated new resorts, X2 Bali Breakers with its surf-themed concept demonstrates that luxury, relaxation, and an active lifestyle can co-exist in perfect balance. Fifty-eight villas overlook verdant green spaces, exuding a peaceful aura and providing much sought-after privacy with a natural feel that satisfies the spirit. All with private pool and sundeck, the tastefully decorated villas feature well-appointed bathrooms with bathtub and rain shower, outdoor seating area, 43” flat screen TV and quality Wi-Fi connectivity. The trendy restaurant and bars, well-equipped outdoor fitness area, soothing spa facilities and the resort’s signature Epic Wedding Chapel plus meeting facilities are all integrated just steps away from the resort’s three outdoor iconic swimming pools. Point-Break Restaurant’s culinary dining experience focuses on an ever-changing and creative presentation of local and international dishes that are both famously delicious and affordable, including seafood options fresh from Jimbarans’ Fish Market. Sunset cocktails in one of the resorts’ three distinct bars are a perfect way to end the day. “X2 Bali Breakers offers a haven of comfortable luxury for honeymooners, couples, groups of friends and MICE groups”, said General Manager Barry Doesburg, “blending personalized service with stylish design.” Whether looking for a romantic hideaway or an active destination holiday, this resort combines the best of both worlds, defining ‘Privacy without Isolation’. To celebrate its opening, X2 Bali Breakers is offering special opening rates to its guests via its website: www.X2balibreakers.com For Bookings and more information: X2 Bali Breakers Resort Jalan Pantai Balangan no. 10, Balangan, Jimbaran, Bali, Badung, Bali 80363 Telephone: +62(0) 361 620 1000 Email: stay@X2balibreakers.com Website: www.X2balibreakers.com About BHMA BHMA is an international hotel management company wholly owned by the ASX listed Flight Centre Travel Group (FCTG). FCTG is one of the world’s largest and progressive travel companies, incorporating diverse worldwide distribution, in destination travel experiences such as transport and touring as well as hotel management solutions. BHMA is a part of FCTG’s Global Hotel Network providing management for hotels, resorts, villas, serviced apartments and branded residences. BHMA also delivers owner services all the way from the very early sourcing & planning stages of a development, through technical services during build, to pre-opening services and finally professional ongoing hotel management. Visit www.BHMAhotels.com for more information.

(c) TTG Middle East 2019 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
FLIGHT CENTRE TRAVEL GROUP LIMITED 0.14% 43.65 End-of-day quote.0.44%
FLIT CENTADR 0.00%End-of-day quote.0.00%
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Financials (AUD)
Sales 2020 3 207 M
EBIT 2020 382 M
Net income 2020 274 M
Finance 2020 305 M
Yield 2020 3,75%
P/E ratio 2020 16,1x
P/E ratio 2021 14,6x
EV / Sales2020 1,28x
EV / Sales2021 1,20x
Capitalization 4 414 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 47,10  AUD
Last Close Price 43,65  AUD
Spread / Highest target 29,3%
Spread / Average Target 7,91%
Spread / Lowest Target -10,7%
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Managers
NameTitle
Graham Francis Turner Chief Executive Officer, MD & Executive Director
Gary Warwick Smith Independent Non-Executive Chairman
Melanie C. Waters-Ryan Chief Operating Officer
Adam McGregor Campbell Chief Financial Officer
John A. Eales Independent Non-Executive Director
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