Link: https://links.sgx.com/1.0.0/corporate-announcements/17MAK7FBY0SL4LCW/556c57aea89bb3841ab3548af07ad74d6ab7604102acbef0389b6c4ff5387a92

Summary: Adventus Holdings Limited's annual report for 2024 details strategic changes in its hospitality business, including a new Hotel Management Agreement for its Da Nang property under the Crowne Plaza brand. This shift towards an asset-centric model follows the divestment of Bay Resorts Hoi An. While the Vietnam hospitality sector shows signs of recovery, Adventus Holdings is prioritizing resilience and strategic agility to navigate challenges and capitalize on growth opportunities, with a focus on its Da Nang asset and exploring further expansion while maintaining financial discipline. The report also covers corporate governance and sustainability efforts.