Travellers International Hotel Group, Inc. announced consolidated earnings results for the year ended December 31, 2016. For the year, the company reported net revenues of PHP 23,648,754,406 compared with PHP 24,216,681,861 for the same period a year ago. Operating profit was PHP 4,777,426,631 compared with PHP 4,758,992,232 for the same period a year ago. Profit before tax was PHP 3,462,841,022 compared with PHP 4,066,978,922 for the same period a year ago. Net profit was PHP 3,398,526,614 or PHP 0.22 per basic and diluted share compared with PHP 4,017,608,732 or PHP 0.26 per basic and diluted share for the same period a year ago. EBITDA was PHP 6,420.5 million compared to PHP 6,161.9 million for the last year. The increase in EBITDA was due to higher revenue from hotel and other operating income coupled with disciplined cost management implemented during the year.