Dusit Princess Srinakarin while the overseas hotels showed an increase of revenue as well as additional revenue recognition from Elite Havens which Company invested in late 2018 and also revenue from
appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
recognition from Elite Havens which Company invested in late 2018. Excluding Dusit Thani Bangkok hotel, revenue from hotel business should increase by 2.9% • Owned Hotel Remark: Hotel statistics exclude Dusit
export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation
Hin, the economic slowdown and the appreciation of foreign currencies against Baht currency. Meanwhile there were some more revenues from the new investments in new businesses such as Elite Havens in
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
, Revenue from Hotel Business was THB 1,298 million, an increase of 1.6% yoy, mainly from continuing growth in owned hotel in overseas even adverse impact from FX translation and revenue from Elite Havens as