significant increase in selling expenses were mainly due to reimbursement of the usage of reservation system, expenses associated with reservation system and other supporting selling systems. The higher system
areas for possible development as a pipeline for future project announcements. บรษิทั เซ็นทรลัพฒันา จ ากดั (มหาชน) ค ำอธบิำยและกำรวเิครำะหข์องฝ่ำยจัดกำร หนำ้ที ่13 จำก 13 Table 5: Progress of Future
September 30, 2019 (2) Advance payment for purchased program rights decrease THB 297.52 million or 45.41% because of the payment for reservation in content rights to support the growth of the business
holding health and safety of guests and employees as top priority and ensuring financial feasibility. In order to boost reservation value and revenue generated from the reopened hotels, SHR was pleased to
514.99 million or 125.05% because of the payment for reservation in content rights to support the growth of the business amounting to THB 670.85 million and the acquisition of program rights by transfer
as a pipeline for future project announcements. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 16 of 16 Table 5: Progress of Future Projects Now >> Project Area
in Asia. Going forward, structural changes taking place in Asia should benefit the industry as a whole. Lack of new announcements in capacity expansions and continued growth in demand is a positive
possible development as a pipeline for future project announcements. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 15 of 15 Table 5: Progress of Future Projects Now
Bangkok. Moreover, CPN continues to study new areas for possible development as a pipeline for future project announcements. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A