Major Development PCL SG&A Expenses

What does Major Development PCL do? Major Development PCL generates revenue through three core segments: property development for sale, hotel operations, and property rental services. The property development segment sells residential condominiums, houses, and land, with projects like MANOR SANAMBINNAM and MARU EKKAMAI2 driving sales. The hotel segment provides accommodation, food, and beverage services at properties such as MARVEST HUA HIN, targeting travelers and tourists. The rental segment leases office spaces in buildings, supported by subsidiaries like Major Development Hotels and Resorts Company Limited, which manages hotel assets. Buyers include residential buyers for condominiums, tourists for hotel stays, and businesses seeking office space. The company’s product portfolio is defined by its project names, including MAYFIELD PINKLAO and MUNIQ LANGSUAN, which are marketed as residential and commercial properties. Subsidiaries such as Major Development Residences Company Limited handle residential sales, while Major Development Hotels and Resorts Company Limited oversees hotel operations. Revenue streams are derived from direct sales of properties, hotel service fees, and rental income from office spaces, with no external partnerships or third-party branding mentioned. Major Development PCL’s business model relies on segmented revenue streams from property sales, hotel services, and office rentals. The Development of properties for sales segment focuses on residential projects like MARU LADPRAO15, while the Hotel business segment operates under the umbrella of its subsidiary, offering travel-related services. The Rental business segment targets corporate tenants through office space leases, with all projects and subsidiaries explicitly named in the business description. Major Development PCL is one of the most popular companies on Eulerpool.