, Thailand Tel (035) 350 880 Fax (035) 350 881 Website: www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2024 6 significant growth in tourism. However, the recovery will likely be

result, NESDB has revised its 2024 growth forecast to a range of 2.3%-2.8%. Key supporting factors include the ongoing recovery of the tourism sector, private consumption, and both public consumption and

7,000.00 1 1,000.00 1 1,200.00 1 1,000.00 1 1,700.00 1 13 Tourism and Leisure 261.00 1 871.70 1 3,699.70 1 467.90 1 1,423.50 2 1,000.00 1 16,000.00 2 4,384.20 2 34,489.40 2 1,402.20 1 600.00 1 600.00 1

to a stronger growth of trading partners’ economy, and in terms of prices on the back of rising global crude oil price. Tourism sector continued to expand, private consumption gradually increased

Korat Hotel (for comparison purposes), decrease of 3.7% mainly from Dusit Thani Laguna Phuket Hotel and Dusit Thani Pattaya Hotel showing a revenue decrease from last year due to impact of tourism

2017 at 7.2% due to the increased in external demand of electronic goods and also the increased in global commodity prices 2) Tourism sector continued to be positive with tourists arrivals during the

at 7.8% due to the increased in external demand of electronic goods and also the increased in global commodity prices 2) Tourism sector continued to be positive with tourists arrivals during the first

inbound tourism, especially from Chinese tourists as more direct flights from China to Thailand become available and partially helped by the visa fee discount and waiver incentives during the year. 3

the tourism sector, the number of tourist arrivals for the first 2 months of 2019 expanded by 2.5% yoy, however, the number of Chinese tourists which contribute almost 30% of total tourist arrivals

-cycle of electronic products. In the tourism sector, the number of tourist arrivals for the first five months of 2019 increased 1.6% yoy while the number of Chinese tourists which contribute about 29% of