sector in Thailand for coming together to push the bar higher and to create the conditions for the necessary financing space for sustainable growth,” added Ms. Wignaraja. SEC Secretary-General
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1 Ref. No. IVL 006/11/2017 9 Nov 2017 The President The Stock Exchange of Thailand Subject: Submission of Quarterly Reviewed Financial Statements and the Management Discussion and Analysis of
pipeline growth stems from the increase of new managed hotels 5,925 keys (20 hotels), partially offset by the discontinuance of the 4,269 keys (7 managed hotels). MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020 13
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