MINT bullish on second-half outlook

MINT bullish on second-half outlook

Recovery anticipated in many locations, especially Europe

SET-listed Minor International (MINT) feels cautiously optimistic about its business prospects in the second half, expecting a recovery in many locations.

According to the company’s statement, Europe, the biggest contributor to Minor Hotels, began to reopen in mid-May, in large part thanks to a strong vaccination programme.

Demand is increasing at European hotels, with a strong bookings outlook as it enters the summer high season. In addition, Australia operations will continue to be supported by robust domestic demand, while the Maldives’ restrictions have already been relatively relaxed compared with other destinations.

“For Thailand, although the rest of the country is facing the third wave of the pandemic, the Phuket…