should support its hotel revenue growth in Guam despite an escalated political tension between North Korea and The United States. Dusit Thani PCL Management Discussion and Analysis 2017 P a g e | 8 Middle
estate business and thus the Company has to revise its strategy and target group. The year 2017 marks “The Year of Shift”. First of all, the target customers of the Company have been changed from middle to
franchise model in the future. In addition, the Group plans to open a medium-sized center with leased area of not exceeding 350 square meters in Central Rama 2. The official opening of such center will be
increase of 14.1%, reaching 293,083 units. The primary export markets include the Middle East, Europe, North America, Central and South America. Nonetheless, the domestic demand for vehicles witnessed a
consumption and the improvement of the service sector according to the number of thai and foreign tourists. However, Public expenditure shrinks from both regular expenditure according to central budget
2018, with 38 million Baht coming from real estate business due to the sales and transferred 13 units of Condominium which construct completed in the middle of year 2018 while increasing from
purchasing power of consumers in middle-low income levels decline from the economic slowdown. While the total revenue from the core business increased 0.7%QoQ, driven by higher usage amount of other services
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