. This will be the new tourist spot in Bangkok that will enhance the hotel portfolio. 4 June 2019: Acquisition of arcona Hotel Portfolio in Germany and Switzerland. U City acquired a hotel portfolio
on Charoen Krung road. This will be the new tourist spot in Bangkok that will enhance the growth of the company’s hotel portfolio. 9 October 2019 U City together with the Fine Arts Department started
food which famous and being accepted from people around the world. The Company has an expansion plan to open hotel under brand “Hotel Kitch” in major tourist cities in Thailand soon. For the development
was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai
restrictions and faced 100% drop in foreign tourist numbers. Likewise, the export sector has been affected by declining demand from trading-partner countries. In addition, the purchasing power of consumers is
Thailand Regarding the pandemic of Corona Virus (COVID-19), the number of an inbound international tourist which is the main customer of Safari World Group including Phuket Fantasea Public Company Limited
services in Q2 2020 as a result of COVID-19 pandemic, the lower overall private consumption and the decline of tourist numbers. • Gross profit margin (GPM) in 2020 was 60.9%, decreased by 3.8% from 2019. The
confidence in the country’s economy. As a result, from the mentioned factors, the tourist industry which includes the food and retail industries have been positively impacted. AU’s strategic approaches in 2023
. Meanwhile, tourist arrivals increased by 7.5 percent, softening from 9.4 percent growth in 2017. This was largely due to a fall in Chinese tourist arrivals during the second half of the year, notwithstanding
stimulus policies worth Baht 464 billion to support domestic spending, the property market and grassroots economy. Meanwhile, tourist arrivals rose by 4.2 percent, softening from 7.3 percent in 2018. A