April 18, 2022 “Red flags” – how useful? • Very rapid growth • Charismatic founder with carefully managed image • Cultivation of politicians • Promises of philanthropy • Complexity • Friends and family in
House hotels completed. The major renovation of Vienna House Easy Cracow, Vienna House Easy Bucharest, Vienna House Diplomat Prague and Vienna House Amber Baltic were completed in 2Q 2019. 24 May 2019
(total of 1,609 room keys). 1 August 2019 VHG II received the transfer of ordinary shares in 2 companies in Germany and obtained the right to manage 2 hotels in operation namely Vienna House Easy Mo
CONTRIBUTION This quarter, the hospitality segment was the primary growth contributor, 5% growth or from THB 1,179mn in 1Q 2018 to THB 1,239mn in 1Q 2019. These were from (i) new hotels launch: Vienna House Easy
) for the acquisition of the 176-key hotel Vienna House Easy Chopin Bratislava, which was formerly only managed by Vienna House for EUR 8.9mn (THB 347mn). On 1 March 2018, all economic benefits, risks
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
previously assessed partly due to delay in infrastruture investment projects. The value of merchandise exports contracted due to weaker global demand as a result of slower economic growth in a number of major
previously assessed partly due to delay in infrastruture investment projects. The value of merchandise exports contracted due to weaker global demand as a result of slower economic growth in a number of major
investment picked up in line with the improved economic outlook, and with additional support from the government investment project even in this quarter its growth was lower than the assessment as the delayed