Thailand’s Minor Hotels expanding to 59 countries
American-born Bangkok-based entrepreneur William Heinecke, announced that his Minor Hotels chain will add over 10,000 rooms and increase its number of properties to 600 in 59 countries by 2025 propelled by resurgent tourism in Thailand and beyond.
Dillip Rajakarier, Chief Executive of Minor Hotels, said that of 65 new hotels in the pipeline, 58 will be through management contracts. He also added that management contracts were the most appropriate vehicle when venturing into new markets, and should the properties prove successful, investment would follow.
Minor Hotels currently operates more than 530 hotels with a total of 78,226 rooms in 56 countries under eight brands. Its latest hotel…
