the Group to expand its media offerings on a massive scale. MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 2 INTERNATIONAL MARKET – EXPANDING INTERNATIONALLY ACROSS
implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of
to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of 57 hotels in our portfolio temporarily closed since the second half of March
(Thailand) operates 11 stores including 5 full service restaurants with retail, 5 cafés with retail, and 1 restaurant with retail in Suvarnabhumi Airport (51% joint venture). The company has secured a second
including 5 full service restaurants with retail, 5 cafés with retail, and 1 restaurant with retail in Suvarnabhumi Airport (51% joint venture). The company has secured a second café location in the Airport
. In Q4/2022, the Company has opened in addition of 4 new branches at Central world (in the office zone), Terminal 21 Rama 3, Sirikit Conventional Center, and Suvarnabhumi Airport branch. In addition, in
travel will return driven by millennial travellers hungry for new experiences. The massive populations of China and India – both with bourgeoning middle classes – will continue to be huge source markets
the scarcity issue on the professional personnel, especially in the partner position, which cause the EQCRs to endure the massive responsibility and lack the adequate time to involve in some of the
outlet, Central Village, which is also the first luxury outlet in Thailand. Situated on a 100- rai land near Suvarnabhumi airport, the outlet will feature a wide range of products, from luxury brands to
of flights at Suvarnabhumi airport and additional airline customers. This was also in line with the performance of BFS Cargo which also improved from prior year as a result of greater amount of tonnage