SAI Leisure Group (HKG:1832) expects an attributable loss of around $19 million for the year 2024, down 17% from $23 million a year prior, a March 7 filing with the Hong Kong bourse said.

The tour operator attributed the anticipated shrinking of loss mainly to a 16% increase in revenue, which is due to a rise in occupancy rates and average room rates of its hotels and resorts.