in Hotel Business. Other Business growth came from the gain from the sale of investments, the share of profit from investment in food business (as invested in 1Q18), and gain on foreign exchange rate

hotel business, gain from sales of long-term investment, an increase in the share of profit from investment, and a decrease in depreciation and amortization. In 3Q18, Dusit Thani PLC (“the Company

of assets of Baht 816.7 million. An impairment charge was recognised at Avani Khon Kaen Hotel and Convention Center as a result of the revaluation of the hotel. 1.3 Share of Profit from Investments in

, hotel management, and share of losses from investments. • Owned Hotel 1Q18 1Q17 %Chg Occupancy (%) 85.0 80.0 6.3 ADR (THB/night) 4,216 4,310 -2.2 RevPar (THB/night) 3,583 3,434 4.3 Remark: Hotel

hotel, hotel management, and share of profits/losses from investments. • Owned Hotel 2017 2016 % Chg Occupancy (%) 73.3 73.2 1.5 ADR (THB/night) 3,597 3,727 -3.5 RevPar (THB/night) 2,636 2,690 -2.0

acquired on 4 September 2018 to lease and manage two hotels in Munich, Germany, (ii) a share of profit of THB 11mn from Absolute Hotel Services (AHS), (iii) MANAGEMENT DISCUSSION & ANALYSIS 2018 14 FEB 2019

October 2019, the Board of Directors meeting of LH Mall & Hotel Company Limited (“LHMH”), a subsidiary in which Land and Houses Public Company Limited (the “Company”) holds 99.99 per cent of the total share

subsidiaries (the “Company”) has recently submitted the reviewed interim financial statements for period ended 30 June 2017 to the Stock Exchange of Thailand with a view to share the information with general

company reported an increase in hotel business from revenue from luxury villa management as invested in 3Q18 and other income comprising of gain on sales of investments, an increase in share of profits from

Management Revenue from hotel management was THB 85 million in 1Q19, showing a 64.2% growth yoy, resulting from revenue from Elite Havens. • Share of Losses from Investment In 1Q19, share of losses from