Hoteliers comment on sector research

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  • 7/21/2019 Hoteliers comment on sector research

    1/3

    86?8 airgtil`

    Okdl No`bie, EH Eocbru, Nokov Pbo`okd, @dldp Vurd, Xottok

    wokd, Cbgk`gr Holjgg, Qdjoy Pbocegr, @dpoe Boesor, Bind Odhoro.

    @gcgnhgr 86?? | Bitgldgr Dk`do www.bitgldgrdk`do.cin

    Civgrstiry

    Arin stohlg OXXs ok` cuttdkm-

    g`mg A&H ti tbg rdsg ia tbg

    ossgt nokomgr ok` dkcrgosg`

    cinpgksotdik, Cusbnok &

    ]oeggl` sborg` dts 86?8

    trgk`dkm rgpirt wdtb sing ia

    tbg dk`ustrys mong cbokmgrs ti

    airgcost tbg rio` obgo`

    HyXoykob Ciutdkbi

    Ailliwdkm o ygor cboroctgrds

    hy coutdius iptdndsn, dkcrg

    dkm cinpgtdtdik, ngrmgrs,

    qudsdtdiks ok` turkoriuk`

    ciksungr hgbovdiur, tbg bispdtol

    dk`ustry ds hgttgr prgporg` tbok gvgr

    liie up ok` eggp ohrgost wdtb tbg k

    tbrgot ir ippirtukdty tbot ldgs obgo

    ]bdcb gngrmdkm trgk s wdll sporelg o

    wbdcb wdll zzlg iut9 ]bdcb `gpo

    ngkts dk bispdtoldty wdll rgqudrg t

    nist dkvgstngkt9 ]bdcb iaagrdkm w

    ottroct tbg nist mugsts9]bgk Cusbnok & ]oeggl` p

    sgktg` us wdtb tbgdr trgk`dkm rgpirt, t

    Bitgldgr Dk`do tgon ciul` kit rgsdst t

    ippirtukdty ti ose sing ia tbg hdmm

    kongs dk Dk`dok bispdtoldty ti rgoct.

    Midkm `ingstdcC&] soys: Mriwtb dk `intdc tiurdsn ds pidsg` ti hg o noj

    `rdvgr ia iccupokcdgs, gspgcdo

    dk tbg iaa-pgoe sgosik.

    Pbg cbollgkmg ds ti ottroct t

    mriwdkm noregt ti `gstdkotdiks dk D

    `do ok` kit lisg tbgn itbgrs dk Siut

    gost Osdo ok` tbg Nd``lg Gost.Pbds ygor os wgll, os `ingstdc tiurd

    ciktdkugs ti `rdvg iccupokcdgs, ni

    bitgl cinpokdgs dk Dk`do org wired

    tbgdr iaagrdkms ti sudt tbg mugst.

    @dldp Vurd, N@ air Dk`do ok` rgmdi

    ol QV air Siutb Osdo ot Storwii` O

    -Vocdc Bitgls & Xgsirts, soys: Mro`

    olly, tbg `ingstdc noregt ds hgmdkkd

    ti suhstdtutg tbg dktgrkotdikol nore

    Dt ds vg ti sdx ndlldik dkhiuk` tiurds

    vgrsus 76 ndlldik Dk`dok ikgs dk t

    uppgr-nd``lg closs.

    Dk sgcik`ory ir Pdgr DD noregts, t`ingstdc mugst ds tbg nojir mgkgrotir

    iccupokcy. NDCG wdll hg tbg ariktru

    kgr, ailliwg` hy lgdsurg, cirpirotg, rg

    mdius ok` ng`dcol tiurdsn.

    DPC Bitgls `dvdsdik CII @dpoe Bo

    sor soys, ]g org olsi sggdkm ospdrotdi

    ol sbdats, dkclu`dkm utdldsotdik ia o bdmb

    cotgmiry ia riins.

    Dk`dok bitgls org ki cinpgtdtdik

    tbgdr kgdmbhiurdkm ciuktgrports, gsp

    cdolly Pbodlok`, tbg WOG, Bikm Ei

    ir Sdkmopirg, dk tgrns ia rotgs ok`

    arostructurg. Prd`gkt Bitgls prgsd`g

    Xottok Egswokd soys tbot tbg trdce

    Bitgldgr Dk`do| @gcgnhgr 86??|www.bitgldgrdk`do.cin

    Civgr sti

  • 7/21/2019 Hoteliers comment on sector research

    2/3

    sdnply sgt up rdmbt. Dktgr-

    dikol trovgllgrs olwoys gkjiy

    ot sgrvdcg hut `ikt ldeg dt ti hg

    sikoldsg`5 tbgy ldeg ti hg lgat

    kg. Nist Dk`doks wbi cing ti

    xury bitgl org occusting` ti

    p ok` rgcgdvdkm o bumg oniukt

    ttgktdik ot bing. O bitgl nust

    nultdplg lgvgls hgttgr dk ir`gr

    cinnok` tbot rotg, bg soys,

    ktdkm iut tbot Dk`do ds ik o

    kdkm curvg.

    Dkcrgosg`cinpgksotdik airrgtgktdikC&] soys: Xgtgk-tdik ia tolgkt wdll kit

    y hg lg` hy BX proctdcgs hut

    iumb dnprivg` cinpgksotdik.

    ]dtb supply gxpgctg` ti cik-

    ug mriwdkm ivgr tbg kgxt avg

    rs, itbgr ciktrdhutirs ti tolgktgktdik wiul` hg dkcrgosg` ni-

    ty, aostgr corggr-troce mriwtb

    ` trodkdkm ok` gvglipngkt.Pbg hottlg air noregt-sborg dk

    auturg wdll kit hg ivgr mugsts hut

    r tolgkt, ds Vurds prg`dctdik.

    BQS cbodrnok Nokov Pbo`okd

    s tbot 86?8 wdll hg stohlg dk

    ns ia solordgs ok` jihs `ug ti

    rgcgssdik. Cinpgksotdik noy

    mi up urdkm 86?8 hut wdll pgr -

    s rdsg dk 86?3-?0, bg soys.

    Bispdtoldty ciksultokt Bind

    oro ia Nobojok & Odhoro soys

    t poy scolgs noy cldnh up o agw

    kitcbgs ti ti nggt cist ia ldvdkm

    ok` dktgrkotdikol hgkcbnores.

    Gorldgr, gxpots usg` ti gork nucb

    nirg Utbok tbgdr Dk`dok ciuktgr-

    ports^ hut tbds ds kiw hgdkm gvgkg`

    iut ir gvgk rgvgrsdkm, bg soys.

    Hgdkm ciksd`grg` gnpliygrs ia

    cbidcg ds ok onhdtdik nist bitgl

    cinpokdgs sborg.

    Egswokd soys: ]g hgldgvg tbot

    da yiu poy wgll ok` poy aodr yiull

    ottroct tbg hgst. Ia ciursg, dt ds o

    rdsdkm cist ok` tbot kgg`s ti hg

    aoctirg` dk ti rgvgkug ploks.

    Bitgls cinpgtg kit ikly wdtb

    gocb itbgr hut wdtb itbgr dk`ustrdgs

    os wgll. Pbg mivgrkngkt olliwdkm

    ?66 pgr cgkt A@D dk rgtodl ds midkm ti

    aurtbgr oaagct tbg bitgl sgctirs liss

    ia tolgkt ti rgtodl, soys Pbo`okd.

    Dt ds kit tbg solordgs olikg tbot

    eggp stoaa. Qdjoy Pbocegr, `drgctir

    ia Birwotb BPL, soys: Mii` tol-gkt stoys air itbgr rgosiks. Ngk-

    tirdkm ok` cordkm ds dnpirtokt.

    Bitgldgrs org trydkm ti k ok-

    swgrs dk rgwor`dkm liyolty ok`

    trodkdkm. Cbgk`gr Holjgg, cbodrnok

    ok nokomdkm `drgctir ia Xiyol

    Ircbd Bitgls soys: Iaagr o rgtgk-

    tdik hikus ti stoaa wbgk tbgy cin-

    plgtg twi ygors wdtb tbg cinpoky.

    Vortdculorly ot ok gktry lgvgl,

    bitgldgrs sgg trodkdkm ok` bdrdkm

    licolly os tbg `daagrgktdotir.

    @gstdkotdik bispd-toldty pri`uctsC&] soys:Provgl-lgrs org sggedkm `gs-

    tdkotdik bispdtoldty

    pri`ucts sucb os spos,

    o`vgkturg rgtrgots ok` sustodk-

    ohlg rgsirts. Noky ukdqug prip-

    grtdgs org dk tbg pdpgldkg. Pbds

    sggns ti hg o noregt `gvglipgrs

    org cosbdkm dk ik.Bitgldgrs soy tbot tbgy org wdt-

    kgssdkm hdm huces dk rgsirt husd-

    kgss hut tbg egy ti tbds pdmmyhoke

    rgnodks licotdik-ldkeg`.EH Eocbru, gxgcutdvg vdcg-prgs-

    d`gkt air Siutb Osdo, Corlsik Bi-

    tgls, Osdo Vocdc, cdtgs ok gxonplg

    ia bds cinpokys vostly succgss-

    aul Xo`dssik Hlu dk Oldhoum. Dt ds

    occgssdhlg wdtbdk twi-ok`-o-bola

    biurs hy rio hitb arin Vukg

    ok Nunhod ok 07 ndkutgs hy

    hiot arin Nunhod. Vgiplg sovg

    tdng ok nikgy, wbdcb wiul bovg

    hggk spgkt ik odraorg, bg soys.

    @gstdkotdik rgsirts wdtbdk o

    866-en ro`dus ia o cdty cgktrg

    org olrgo`y pipulor. Ot rgsirts

    Pbg Ihgrid Murmoiks mrggk woll,o synhil ia dts gci-cikcdiuskgss

    Cor`onin Ciukty hy

    XoxoCillgctdvg

    Irokmg Ciuktry

    Ciirmok` Eohdkd

    Lg Cilikdol Airt Eicbd

    Lo Qdllo Hgtboky Lok`ir,

    Nussirdg

    Kdcbg gvglipngkts

    dk o tbrgg-ok`-o-bola ti aiur-biur

    `rdvdkm ro`dus arin o cdty ldeg Hok-

    molirg, air ot lgost ?26 `oys ia tbg

    ygor yiu wikt k` riins ovodl-

    ohlg. Xotgs bovg `iuhlg` dk tbgsg

    orgos dk`dcotdkm tbg pitgktdol air

    rgsirts, Odhoro soys.

    Holjgg sggs o culturg- ok` wdl`-

    ldag-`rdvgk pripgrty dk Nysirg

    succgg`dkm hgcousg ia tbg pissd-

    hdldty ia `oy trdps ti kgdmbhiurdkm

    culturol sdtgs ok` kotdikol pore.

    DPCs rgspiksg ti kdcbg gnok` ds

    tbg ipgkdkm ia o clossdc mila rgsirt.Wktoppg` pitgktdol air NDCG ds

    okitbgr rdvgr air gstdkotdik bis-

    pdtoldty pri`ucts. DPC ds ipgkdkm

    Pbg Xiyol Ircbd dk Sbdnimo, wbdcb ottrocts o lormg kunhgr ia `ingstdc tiurdsts

    Vgrcgktomg dkcrgosg dk ng`dok solordgs dk 86?6/??

    ivgr 866=/62 ocriss bitgl cotgmirdgs dk Dk`do

    Visdtdik Hu`mgt ok` nd`scolg Adrst closs ok` luxuryMgkgrol nokomgr ?% ?3%Adkokcdol ciktrillgr 3=% 1%BX nokomgr* 32% ?2% (BX `drgctir)

    Arikt iacg nokomgr* =7% ??% (Xiins dvdsdik

    `drgctir)Gxgcutdvgbiusgeggpgr

    71% 86%

    A&H nokomgr* 86% 03% (A&H `drgctir)Gxgcutdvg cbga =6% 4%

    Solgs nokomgr* 3% 83% (Solgs &

    noregtdkm drgctir)Cbdga gkmdkggr 33% 87%Siurcg: BQS Bispdtoldty Dk`ustry Cinpgksotdik Survgy 86??. *Visdtdiks vold` air hu`mgt/

    nd`scolg cilunk5 pisdtdiks air rst closs/luxury noreg` dk hrocegts

    tbg 166-riin DPC Mrok` Cbilo dk

    Cbgkkod wdtb ok ottocbg` cikvgk-

    tdik cgktrg.

    Odhoro cdtgs tbg gxonplg ia tbg

    Kivitgl By`grhoho` Cikvgktdik

    Cgktrg. Dt lls tbg wbilg cdty.

    Ok` dts hdmmgst ciktrdhutir ds wg`-

    `dkms, bg soys.

    Hoceg` hy kunhgrs, Dk`dok bi-

    tgldgrs org owoegkdkm ti tbg pi-

    tgktdol ia spo iaagrdkms. Occir`dkm

    ti o stu`y hy BQS aiuk`gr Stgvg

    Xusbnirg, o 866-riin, Norrditt

    typg bitgl ipgrotdkm dk Dk`do ot =?pgr cgkt iccupokcy ok` ok ovgr-

    omg riin rotg ia $876 ciul` noeg

    $476,666 pgr ygor ik dts spo.

    No`bie ds sggdkm portkgrs ose-

    dkm air `gstdkotdik spo `gvglip-

    ngkts air tbg rst tdng. Xo`dssik

    Hlu Oldhoum ds wiredkm tiwor`s

    `gstdkotdik spo stotus dk tbg cin-

    dkm ygor.

    Biwgvgr, o wir ia coutdik arin

    Pbocegr, wbi soys tbot o prildagro-

    tdik ia bitgls colldkm tbgnsglvgs gs-

    tdkotdik pri`ucts sbiul kit `dlutg

    tbg cikcgpt.

    www.bitgldgrdk`do.cin

    Civgrstiry

    Pbg hdm hu`mgt-gcikiny stiry

    C&] soys:Pbg notbair tbds ds sdnplg. Pbgsg

    bitgls cist lgss ti hudl`,

    mgt cinplgtg` dk lgss

    tdng, cist lgss ti nodktodk ok` org

    ciksd`grg` volug air nikgy hy

    tbg nojirdty ia cirpirotg cldgkts

    wbi bovg hgcing nirg cikscdius

    ia spgk`dkm.

    Pbgy org proctdcol ok` gosdgr

    ti nokomg dk Pdgr DD ok` DDD cdt-

    dgs. ]bdlg luxury wdll kgvgr mi iut

    ia stylg, tbds bos hgcing tbg bitgl

    ni`gl ia cbidcg air `gvglipgrs

    sggedkm bdmb XIDs.Hu`mgt ok` nd`-noregt sgm-

    ngkts bovg hggk dk bispdtoldty

    bgo`ldkgs air o ygor kiw ok` org

    gxpgctg` ti ciktdkug ti `indkotg

    `gvglipngkt pdpgldkgs.

    Pbg Holjggs bovg dktri`ucg`Sprgg tbds ygor. Hut Cbgk`gr

    Holjgg soys tbot tbg aicus ik Vgp-

    pgrndkt, wbdcb ds dk tbg nd`-

    noregt sgmngkt, wdll ciktdkug.

    Sdndlorly Sorivor bos oriuk`

    86 nd`-noregt pripgrtdgs dk

    tbg pdpgldkg.

    Eocbru soys: ]gll siik dktri-

    `ucg hrok`s hgtwggk gcikiny ok`

    rst closs bitgls odng ot tbg `i-

    ngstdc noregt. Vore Dkk hy Xo`ds-

    sik wdll cing dk `urdkm 86?8.

    Odhoro soys tbds ds ohiut o sbdat

    arin ukirmokdsg` ti irmokdsg`

    dk tbg hu`mgt ok` nd`-noregt

    sgmngkts. Pbgsg sgmngkts org

    mriwdkm aostgr ok` tbg vilung ia

    `gnok` ds qudcely ohsirhdkm sup-

    ply, bg soys.

    Bispdtoldty auk`smodkdkm mriuk`C&] soys: @gspdtgtbgrg hgdkm noky dk-

    `gpgk`gkt `gvglipgrs

    dk tbg noregt, bispdtol-

    dty dkvgstngkt auk`s hoceg` hy

    mlihol dkvgstirs org gngrmdkm.

    Pbgsg auk`s org XID aicusg`

    ok bovg dkdtdotg tdg ups wdtb dk-

    tgrkotdikol hrok`s. Pbg kgxt ygor

    sbiul sgg ommrgssdvg ocqudsdtdiks

    ik tbg port ia tbgsg auk`s.Pbo`okd, o aiuk`gr ia Sonbd,

    wbdcb ds aicusg` ik tbg `gvglip-

    ngkt, ocqudsdtdik ok` iwkgrsbdp

    ia sglgct-sgrvdcg, husdkgss-closs

    bitgls ocriss Dk`do, soys tbot dkstd-

    tutdikol nikgy ds cgrtodkly midkm

    @gluxg riin ot tbg Osbtok SorivorVirtdci. Pbg cbodk ds sggdkm nirg ia dtsportkgrs osedkm air LGG@-cgrtdg` bitgls

    Solg ia Pbg Lgglo Eivolon

    Vurcbosg ia o bitgl dk

    Murmoik hy tbg Nukjols

    Pbg Poj Mriups

    ocqudsdtdiks dk Niricci

    Nojir rgcgkt troksoctdik

    Lihhy ia tbg DPC Nouryo. Pbg cbodk ds sggdkm `ingstdc trovgllgrs iptdkm air bdmbgr riin cotgmirdgs

    ti hg o hdm port ia tbg bispdtoldty

    pdcturg dk 86?8.

    D tbdke tbgrgs midkm ti hg vgry

    agw pgiplg iut tbgrg wbi bovg tbg

    nikgy ti dkvgst dkti bitgls kgxt

    ygor. Pbgy wdll hg ot ok o`voktomg

    hgcousg tbgrg ds midkm ti hg o copd-

    tol crukcb, bg soys.

    Vurd, wbi uktdl tbg hgmdkkdkm ia

    tbds ygor wos bgo`dkm @ugt, airg-

    sggs hdm cbokmgs dk tbg woy bispd-

    toldty auk`s dkvgst. Vrdvotg gqudty

    wokts ti mgt dk ot volug ok` mgt

    iut rgolly aost, hut bitgls org likm-

    tgrn ploy. Auk`s kgg` ti stoy air

    tbg ng`dun-tgrn, wbdcb ds 2 ti ?6

    ygors os omodkst tbg currgkt 7 ti =

    ygors, wbdcb tbgy org kiw stortdkm

    ti `i, bg soys.

    Proksoctdik-bgovossgt-ldmbt

    C&] soys: ]tbg nojirdty ia li

    hrok`s rgoldsdkm

    hgkgt ia hgdkm oss

    ldmbt, tbg kgxt agw ygors sbi

    sgg noky troksoctdiks dk tbg n

    egt. O kunhgr ia bitgl cinpok

    wiul` gxdst os purg nokomgn

    ir arokcbdsg rns.

    Itbgr rgosiks air troksoct

    wiul` hg air gqudty dkausdiks

    cinplgtg prijgcts/rg`ucg `g

    ok` solg ia ossgts ti mgkgrotg r

    gkug ti prinitg auturg mriwtb

    tbg licol hrok`s.Xdmbt kiw auk`s org gxp

    sdvg ti mgt, si wgll aicus ik oss

    ldmbt, Holjgg soys, o``dkm tbot

    k`s dt ds soag ti i tbds kiw sd

    tbg mriup bos hudlt up o crdt

    noss wdtb 86 ipgrotdkm pripgrt

    ok` ?6 nirg dk tbg pdpgldkg.

    Pbg cbokmdkm structurgs ia ho

    lioks olikm wdtb bdmb dktgr

    rotgs org sod` ti hg pusbdkm b

    tgldgrs tiwor`s `dlutdik, solg ojidkt vgkturgs.

    Dvg sggk nirg `gols criss

    ny `gse dk tbg lost sdx nikt

    tbok D sow dk tbg ygor hgairg tbo

    Odhoro soys.

    Bitgldgr Dk`do| @gcgnhgr 86??www.bitgldgrdk`do.cin

    Civgr stiry

  • 7/21/2019 Hoteliers comment on sector research

    3/3

    cong dk ot tbg song tdng. Hut oll

    ia tbot bos hggk ohsirhg`.

    Occir`dkm ti Pbocegr, ]gllciktdkug ti rgnodk sbirt-suppldg`

    dk tbg ng`dun tgrn, ngokdkm

    tbot rotgs wdll rdsg omodk. Hut kit

    ti tbg lgvgls wg osw dk 866=-62,

    bg coutdiks.

    CSXC&] soys:

    Midkm mrggk,sustodkohdldty

    ok` gci-ardgk`ly

    org tbg huzz wir`s dk tbg dk`us-

    try. Dkdtdotdvgs rokmg arin mrggk

    hudl`dkm cgrtdacotdiks ti rg`ucg`corhik aiitprdkt ia purcbosg, ti

    gnpliyngkt ippirtukdtdgs air tbg

    uk`gr-prdvdlgmg`.Xgspiksdhdldty, sovdkm ir WSV,

    CSX ds hgcindkm dnpirtokt

    gkiumb air pgiplg ti dkvgst dk.

    Dk noky ia iur prijgcts, iwkgrs

    wokt tbgdr bitgls LGG@-cgrtdg`.

    Pbgy org wdlldkm ti put dk tbot gx-

    tro nikgy, soys No`bie.

    Ot BQS, Pbo`okd ds sgt ti rg-

    ndk` bitgldgrs ia tbg cist hgkgts

    ia midkm mrggk. Odhoro sborgs ok

    okgc`itg ohiut ok dkvgstir `gcd`-dkm ti airmi ok ippirtukdty wdtb o

    hdm prdvotg gqudty auk` cinpoky

    ik tbg hosds ia CSX olikg. Bg

    `d`kt mgt tbg nikgy. Pbg pidkt ds

    tbot kiw bg wdll `i CSX, bg soys.

    Pbg mriwdkm sgktdngkt ds tbot

    CSX nust mi licol. ]g gkciur-

    omg gocb bitgl ti wire wdtbdk tbg

    kgg`s ia dts iwk kgdmbhiurbii`,

    wdtb irpbokomgs, hlii` hokes,

    ok` g`ucotdkm strggt ed`s rotbgr

    tbok tbg cirpirotg iacg ottocbdkm

    dtsgla ti o hdm KMI ok` puhldcdsdkm

    tbot, Eocbru soys. BD

    Pbg Xo`dssik Hlu dk Oldhoum hgkgts arin hgdkm wdtbdk

    o tbrgg- ti aiur-biur `rdvdkm ro`dus arin Nunhod

    Pbg rdsg ia tbg ossgtnokomgr

    C&] soys:Pbg gquotdikds aodrly strodmbtairwor`.

    Bdmbgr-volug ossgts wdll sgll

    air nirg dk tbg noregt. Os o rg-

    sult, ossgt nokomgrs wdll ploy o

    crucdol rilg dk dkcrgosdkm tbg titol

    ossgt volug ia bitgl `gvglipngktsti olliw tbgn ti modk o bdmbgr

    prdcg dk tbg noregt.Nobojok & Odhoro bos rgcgktly

    airoyg` dkti structurg` ossgt nok-

    omgngkt. Iwkgrs sbiul` hg wdll-

    dkm ti poy air tbgsg kiw. Noky

    tbdr`-mgkgrotdik bitgldgrs `ikt

    kgg` ossgt nokomgrs hut o rst-

    tdng rgol gstotg `gvglipgr ndmbt

    kit pusb tbg rdmbt huttiks ti mgt

    suacdgkt judcg iut ia bds dkvgst-

    ngkt wdtbiut tbg bglp ia ok ossgt

    nokomgr, soys Odhoro.

    Pbocegr omrggs: Dt bos stortg`boppgkdkm ok` dt wdll mriw. Dk`d-

    vd`uol iwkgrs org sggdkm tbg kgg`

    air ossgt nokomgngkt ok` tbg vol-

    ug air dt. Ok` D sgg tbot dt ds o kgg`

    tbot wdll mriw.

    Cuttdkm-g`mg A&Hpri`uctsC&] soys: A&H dsgxpgctg` ti hg o nojir

    rgvgkug mgkgrotir dk

    bitgls kit just dk Pdgr-D

    cdtdgs hut dk snollgr ikgs. Pbg suc-

    cgss ia strikm dktgrkotdikol rgs-tourokt hrok`s ok` cbgas, sucb os

    Ngmu, Nirdniti, Lg Cdrqug ok`

    Boeeosok, wdll privd g tbg dkcgk-

    tdvg air itbgrs ti ailliw.Pbo`okd, wbi ds loukcbdkm A&H

    sgrvdcgs ot BQS kgxt ygor air stok`-

    olikg ok` dk-biusg rgstourokts,

    soys: ]gll `i gvgrytbdkm arin

    cikcgpt plokkdkm ti `gvglipngkt.

    cusg` ik `gvglipdkm bitgls rotbgr

    tbok spgk`dkm tdng ik gxpok`dkm

    tbg A&H hrok` aurtbgr. Hut kiw

    wgrg midkm ti toeg dt kotdikwd`g.

    ]bgtbgr dt ds DPC ir tbg Ihgrid,

    bitgls org crgotdkm `daagrgktdotg`

    iaagrdkms. Egswokd soys, eggpdkm dt

    sdnplg, ldeg nin ciieg` dt, ds bds

    pbdlisipby wbgtbgr yiu bo` ok

    Dk`dok nin ir ok Dtoldok nin.

    Stohdldty OXXdvdkmC&] soys: Nojircdtdgs dk Dk`do org

    pidsg` ti sgg ok gxpi-

    kgktdol mriwtb dk sup-

    ply. @gnok` ds olsi pidsg`

    ti mriw olhgdt ot o sliwgr rotg ti

    supply. Dk tbg sbirt-ruk, OXXs

    wdll rip. Ikcg nist ia tbg supply

    bos gktgrg` tbg noregt, OXXs wdll

    rdsg normdkolly ok` stohdldsg.Pbds tdng, tbg bitgls org prg-

    porg`. Vist-Ictihgr, tbg edk` iamriwtb wgvg gxpgctg` boskt rg-

    olly pokkg` iut. Xotgs org gdtbgr

    ot ir sggdkm ikly o normdkol dk-

    crgosg, soys Boesor.

    Egswokd pgms tbg mriwtb, da

    oky, ot 7 ti = pgr cgkt, wbdlg Vurd

    soys: Bil`dkm ik ti rotgs wdll hg o

    mii` tbdkm.

    Pbg mii` kgws ds tbot supply ds

    hgdkm ohsirhg`, Odhoro soys: Dk

    Nunhod, Pbg Prd`gkt HEC, Pbg

    ]gstdk, Pbg Ciurtyor` hy Norrd-

    itt, tbg Bild`oy Dkk ok` 366 o`-

    `dtdikol riins ot tbg Xgkodssokcg

    Pbg ]gstdk Sibko aicusgs ik tbg wgllkgss kdcbg

    Xdmbt kiw, ik noky ia iur prijgcts,

    iwkgrs wokt tbgdr bitgls LGG@-cgrtdg`. Pbgyorg wdlldkm ti put dk tbot gxtro nikgy

    Itbgr cikcgpts dkclu`g arok-

    cbdsdkm. Odhoro soys: Ot tbg NMN

    Mrok` dk Qgmos, air dkstokcg, bola

    tbg rgstourokts org kit tbgdr iwk.

    ]grg kgmitdotdkm o ciktroct air o

    kgw hggr cikcgpt tbiumb kit o

    ndcri-hrgwgry air 86?8 tbot wdll

    poy o arokcbdsg agg ok` stoy dk tbg

    ipgrotirs bitgl, soys Odhoro.

    Pbg ]gstdk Murmoik bos gdmbtA&H iutlgts. A&H ds o $0-hdlldik

    husdkgss ot Storwii`. Dt ciktrdh-

    utgs ti 37 ti 06 pgr cgkt dk Mur-

    moik, soys Vurd.

    Gvgk air Sorivor, wdtb dts prg-

    `indkoktly nd`-noregt iaagrdkm,

    No`bie soys A&H ds dnpirtokt.

    Iur hrok` Mgiaargys bos hggk

    vgry succgssaul. ]gvg hggk ai-

    38| @gcgnhgr 86?? | Bitgldgr Dk`do www.bitgldgrdk`do.cin

    Civgrstiry