Hospitality giant EVT Limited reinstated its dividend payment after a three-year hiatus, as the domestic-led tourism revival drove record trading across its hotels and resorts and a strong pick-up in earnings across its cinema complexes.
EVT Limited, which rebranded from Event Hospitality & Entertainment, Limited in October, suspended its dividend payment in mid-2020 to improve liquidity as it battled the devastating impact of the pandemic on its businesses, which include QT, Atura and Rydges hotels, Thredbo Alpine Resort and Event cinemas.