per available room or RevPar, resulting in greater revenues. On a QoQ basis, performance of hotel business grew by 5%, mainly from Santiburi Beach due to the peak tourism season of Samui Island in the
from the economic recovery in export, tourism, investment of private sector, and the expansion of government spending, which is a good sign for the Company operation in 2018. Topic Annual Balance Change
of the government in shaping laws and regulations for the zero-dollar tours to suppress illegal tourism companies. The runway closure for maintenance at BKK for about 60 days. The development of
in occupancy rate and revenue per available room or RevPar, resulting in greater revenues. On a QoQ basis, performance of hotel business grew by 16%, upon approaching high seasons of Thailand’s tourism
driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly
prices as well as the decline in public and private consumption. The tourism industry, especially in the hotel, transportation and restaurant businesses, was hard hit by the impact of COVID-19 outbreak
consumption causes an increase in consumer confidence. Both export and tourism sectors rose faster in the first half of 2018. On the other hand, Thai economy showed signs of a slowdown in the second half of
economy in Q1/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector, industrial sector and tourism sector
from contraction of export sector as global consumer demand weakened. The tourism sector and private consumption grew at a slower pace. On the other hand, the personal loan of commercial banks and