Company projects strong growth for both hotels and food
SET-listed Minor International projects its room rate to grow this year and targets 200-250 new hotels and 1,000 restaurants in three years.
“Tourism is coming on quite strong and we are able to increase our rates substantially,” said Dillip Rajakarier, group chief executive and chief executive of Minor Hotels.
By 2026, he said the Minor portfolio should reach 780 hotels and 3,700 restaurants, from roughly 530 hotels and…