(%)* RevPAR (THB/night)* 1Q 2020 1Q 2019 +/- 1Q 2020 1Q 2019 +/- 1Q 2020 1Q 2019 +/- 1Q 2020 1Q 2019 +/- Owned 3,961 3,961 0 2,491 2,812 (321) 49.1% 62.3% (13.2%) 1,223 1,752 (529) Leased 3,347 1,459 1,888

contracted. In 1Q2020, hospitality business of Singha Estate Public Company Limited (“the Company”) was also significantly impacted by COVID-19. Essentially, government announced the lockdown measure to

, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as planned. In addition, the

2019. In addition, Hotel business, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as

setting up pop-up stores. In 2H/2020, 1 new outlet is expected to open, while the previous plan to open other targeted branches that are still in the negotiation process will be reconsidered to when the

shop under the brand Luggaw, which received overwhelming responses. As a result, the Company plans to open more Luggaw branches in 2022. The Company will focus to open the Luggaw brand both inside and

corporate and government customers. Total Costs Costs of rent and services Costs of rent and services constituted utilities, security & cleaning services, on-site personnel, land rental, depreciation

economic stimulus measures also encourage the purchasing power of consumers to increase. Launching a New Brand “(Luggaw)” • At the beginning of the second quarter of 2022, the Company plans to open the first

., Ltd. (“WCIG”) decrease from last year because the company changed in business model from company owned to franchise model since 2017. In addition, due to highly competitive (both direct and indirect

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other