Travellers International Hotel third-quarter profit falls 25 percent

Travellers International Hotel Group said third-quarter net profit fell to 1.26 billion pesos ($28.9 million) from 1.68 billion a year ago. Net revenue was 6.99 billion pesos, down from 7.75 billion pesos a year ago. Total gaming revenue was 6.79 billion, down from 7.2 billion pesos, while revenue from hotels, food and beverages dropped to 443.6 million pesos, down from 704.3 million in the year ago quarter.