/2017, with total international tourists arrivals of 8.8 million (or an increase of 6.0% YoY) and in which arrivals of Chinese tourists rebounded and started to increase again after decreasing during the
will get the benefit to the company. This is because there is the plenty of tourists both Thai and foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the
tourists both Thai and foreigners in the selected location which in accordance with the company’s strategy. 10. Opinion of the Audit Committee and/or directors of the company which are different from those
which require further construction due to an increase in useable area. The design also needs to be more details in order to ensure all areas of the project are satisfactory to the tourists and perfectly
tourists and perfectly completed with international standards and can accommodate large number of tourists effectively with the goal of being No. 1 cultural theme park in Asia and No. 3 of the World
tourism in Thailand that led to a continuous decrease in number of tourists especially from China which is our target customers. The Company was responsive of the situation and formulated new strategies and
countries. The tourism sector has been adversely affected by a contraction of Chinese tourists’ arrivals while private investment has been expanding at a slower rate. Although private consumption has
between the U.S. and China caused lower global trade volume. The tourism sector also expanded at a slower rate mainly from Chinese tourists. The domestic demand grew at a slower rate resulted from private
growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to
domestic tourists and earnings of Thai labor have declined while unemployment rate has been increasing. In addition, whilst private consumption shows some growth but limits in some areas; therefore