hotels under the (i) arcona brand, (ii) arcona Living brand, and (iii) Steigenberger brand as well as 2 new hotels which will operate in 2020 and 2022. 4 June 2019 VHG II paid the share purchase price in

May 3, 2020, the government relief measures for flexible living routine and curfew cancelation which led to the continued increase in traveling trips. In July 2020, the average traffic volume was at

economic recession, inflation rates, increasing household debt, and rising interest rates led to a higher cost of living, which increased prices for IT products, posing pressure for consumers to reduce their

of previous year Moreover, external factors, including economic recession, inflation rates, increasing household debt, and rising interest rates led to a higher cost of living, which increased prices

strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets

sustainability and received the 2019 Rising Star Sustainability Awards, in the Sustainability Excellence category, which is an award for listed companies that have outstanding sustainable business practices. As of

excellence, with greater consideration of consumer protection in order to deliver excellent financial products and an unsurpassed service experience to all our customers. Meanwhile, KBank places equal

by closing Dusit Thani Hotel School (DTHS) in 4Q17 to utilize DTHS’s building and facilities as a research center for the development of culinary and hospitality programs under Dusit Thani Excellence

-channel services that deliver new and superior retail shopping experiences that fit changing lifestyles of consumers in the era of NOW NORMAL. The Company also emphasizes on efficient operation excellence

NOW NORMAL. The Company also emphasizes on efficient operation excellence in all business units and employs strict cash management to ensure short- and long-term liquidity. Furthermore, Company