, especially in manufacturing and tourism sectors, has marred deep by such dilemmas. Tourism industry has reported a dramatic decline of tourist arrivals and the rise of hotel booking cancellation during high
deep by such dilemmas. Tourism industry has reported a dramatic decline of tourist arrivals and the rise of hotel booking cancellation during high season. The Company’s management has primarily evaluated
tourists, which has increased up to 45 percent or 10 million in the past 5 years and is still growing. The Company aims the rapid growth so that it is interested to invest in the tourist business which is
so that it is interested to invest in the tourist business which is one of the outstanding business and one of the development plan to develop digital innovation business. In addition, Hero Experience
continuingly increase of number of tourist arrivals increasing in 3Q19 shows a good sign even if the Baht currency continues appreciating. Unit: Baht million 3Q19 3Q18 Change 9M19 9M18 Change Hotel business 794
planned. In addition, the continuingly increase of number of tourist arrivals increasing in 3Q19 shows a good sign even if the Baht currency continues appreciating. Unit: Baht million 3Q19 3Q18 Change 9M19
economic recovery in the next stage would be subject to the situation of the new wave of COVID-19 pandemic, the efficacy and coverage of COVID-19 vaccination, the recovery of foreign tourist arrivals as well
exports of gold and arms, exports expanded by 5.1% yoy in line with an improving in trading partner demand. In the tourism sector, the number of tourist arrivals contracted by 99.8% to register at 13,435
from BAC Gourmet House Company Limited, the subsidiary of BAC which main activity is to provide food services in business district and major tourist attractions in Bangkok, Gourmet Primo Company Limited
. Market and Competitive Environment The Thai economy in FY22 started off with a positive tone of post-pandemic recovery with the tourist and hospitality- related sectors mostly benefiting from the border re