Major Development Public Company Limited is not only a leader in developing luxury real estate and pet-friendly condominiums in Thailand with over 26 years of market experience, but it has also broadened its business scope. The company aims to diversify its business portfolio, generating income from both real estate and non-real estate sectors, including investments in high-quality hotel management and office rental businesses that meet the diverse needs of customers.

Ms. Petchlada Poovoralak, CEO of Major Development Public Company Limited, stated, "Expanding into the hotel and office rental business is another way to strengthen our business group, maintaining a vision based on standards that aim to meet the needs of customers at all levels. We are committed to developing and offering high-quality products to provide excellent experiences and maximum satisfaction to our customers. We aspire to be a leader in real estate with diverse business offerings that sustainably meet all aspects of living."

The hotel business is a significant and rapidly growing industry.

Major Development has recognized opportunities in the hotel sector that can be developed sustainably, influenced by various factors such as the growth of the tourism industry following the reopening to international travelers and changing tourist behaviors. Today's travelers seek more than just standard accommodation; they also want options that cater to specific needs, such as pet-friendly rooms. Major Development remains committed to quality and international service standards, focusing on creating excellent customer experiences across all areas. The hotels managed by Major Development include:

· Centara Maris Resort Jomtien by Centara, a chic tropical oasis near Jomtien Beach, covering over 9 rai with 282 rooms decorated in sea blue and natural green tones. It offers six types of rooms, fully equipped with amenities to meet all relaxation needs, and allows pets with a dedicated area for them. The average occupancy rate in 2024 is projected to be over 71%, with the hotel valued at over 1.2 billion baht.

· Marrakesh Hua Hin Resort & Spa, a neo-Moroccan style accommodation on Hua Hin beach, characterized by a striking red and blue color scheme that blends modernity perfectly. It features five room types totaling 76 rooms, complete with amenities and close to many tourist attractions, with an average occupancy rate in 2024 of over 46%, valued at over 600 million baht.

· Maven Stylish Hotel Hua Hin, featuring modern design suitable for travelers who appreciate elegant yet comfortable interiors. The rooms are clean and minimalist, providing a relaxing atmosphere. This hotel is an excellent choice for tourists seeking quality accommodation at affordable prices while still receiving outstanding service, with an average occupancy rate in 2024 of over 69%, valued at over 355 million baht.

Office rental is one of the growing and significant businesses in the real estate market. In the office rental sector, Major Development also has A-grade office buildings located in prime city locations and important business districts, designed with modern architecture and complete amenities to meet the needs of various business operators.

Major Tower Rama 9-Ramkumhang received the Asia Pacific Property Awards 2020-2021 in the Mixed Use Architecture category, the most prestigious real estate award in the Asia-Pacific region. This project was designed by a leading global architectural firm, featuring simple yet detailed architecture that combines vertical lines and geometric shapes, with a layout designed to maximize views, offering 360-degree vistas and ample green space. It is a new 27-story mixed-use building comprising office and retail spaces, with approximately 1,200 square meters of office space per floor and a total rental area of about 25,181 square meters, achieving a 97% occupancy rate.

Major Tower Thonglor is an office rental building located in a key area of Thonglor, one of the most popular and business-growth potential areas in Bangkok, especially for lifestyle and technology-related businesses. This building is ideal for companies seeking a prime location with complete amenities. Its modern design emphasizes comfort and efficiency, accommodating businesses of various sizes, from small to large, with flexible short-term or long-term rental options, achieving a high occupancy rate of 99%.

Currently, over 95% of Major Development's revenue comes from real estate, with the remainder from hotel and office rental businesses, as well as other related sectors.

Major Development Public Company Limited is a luxury real estate developer with three main business groups: 1. Residential development for sale, 2. Commercial real estate projects, and 3. Real estate-related services, with a vision for continuous growth to create luxury projects that meet consumer demands.