AOT: Korean Air resumes daily flights on Busan-BKK route from Apr 25 aft suspended nearly 4 years due to pandemic.

AWC sees year-to-date average OCC >80% across hotels portfolio, MICE segment >90%, strong booking to continue in April supported by Songkran fest, booking of 3 hotels in Chiang Mai remain strong in April, sees no cancellation despite haze.

Comment: Now it’s just becoming silly, we need more rooms hitting the market asap (note – bkk will be completely flooded with hotel rooms in the next 2-3 years). But it is proven that only the strong major players have survived Covid, were able to manage their balance sheets..etc etc & for the next few years they’ll make as much $ as possible before new supply comes online.

SAV: anticipates positive earnings momentum carry thru 2H supported by higher air traffic vol at Cambodia air space aft AirAsia Cambodia starts ticket sales & confirmed cod on May 2, expects to seal aeronautical radio contract with Laos authority by end of-2Q.

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