places were closed temporarily and travel restrictions imposed. Consequently, the Company’s marketing activities were suspended and over 70 branches were closed down temporarily, from April to mid-May. In
, therefore Safari World Group has temporary closed its parks to such duty and to the request of the government from 19 March 2020 in order to halt the widespread of the virus at those time. At the later stage
of a possible recurrence of the outbreak in Thailand, have led to severe restrictions on inbound and outbound travel. This has resulted in a massive contraction of the tourism industry, as well as the
conducted by SmartTravelAsia.com that involved millions of travelers from around the world voting for their favorite travel brands. 4. The Company received “Best Full-Service Boutique Airline - APAC” from Air
should be recognized as a starting point. It is expected that additions and revisions will be made over time, based on issues that arise in early stage application of this first version and availability of
resulted in a decrease of food and beverage revenues. However, the average room rate increased 6.09% due to the growth of online channels (Both directly through the company website and online travel agent
, employee and management benefits, office rental, travel expenses, and professional fees. In Quarter 1 of 2020, the decrease in administrative expenses is mainly due to (1) THB 0.59 million decrease in
, travel expenses, and professional fees. In Quarter 2 of 2020, the decrease in administrative expenses is mainly due to (1) THB 0.59 million decrease from the expenses related to the preparation for listing
government such as travel restrictions and the closure of venues considered high-risk areas including department stores, it is expected that the Thai economy in 2020 will have a severe contraction with latest
adapt their lifestyle to the prevailing situation that has emerged recently (New Normal), and to protect themselves from the pandemic. Consumers are spending more time at home, resulting in higher demand