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Minor On The Acquisition Trail Again?

Category: Hotels, Posted:27 Nov 2018 | 11:46 am

Financial news Bloomberg is reporting that Thailand’s Minor Hotel Group is potentially looking at an investment into the Indian hospitality luxury brand Leela.

Minor is reportedly part of a consortium that is considering a USD350 million stake in Hotel Leelaventure Ltd.

Leela has 9 upscale properties under ownership and/or management across the subcontinent.

Minor has continued their global acquisition spree this year, with the most recent deal being Spain-based NH Hotels.

Other News

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Design Re-Invention. Hotel Interiors – Re-Imagining Spaces

Category: Hotels, Posted:05 Jul 2020 | 13:59 pm Catch Volume 6 of C9 Hotelworks and Delivering Asia Communications Design Re-Invention series. The virtual event will be on Wednesday 15 July, 3:00 pm Bangkok | 4:00 pm Singapore time. Sign up Hospitality today is about to enter a new cycle which has been accelerated by the current global crisis. This important virtual event is a […]
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It Takes an Island: Sustainability and the New Traveler

Category: Tourism, Posted:03 Jul 2020 | 10:13 am A  special virtual sustainable event from C9 Hotelworks and Delivering Asia Communications will be held on  Thursday 9th July at 3:00 pm BKK / 4:00 pm Singapore. Registration is free While the present global crisis has effectively stopped travel in its tracks, one of the side effects has been the restoration of nature into many […]
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Banyan Tree Partners On Large-Scale Organic Farm

Category: Tourism, Posted:28 Jun 2020 | 05:00 am Chiang Mai Thailand is set to play home to a joint venture between James Noble’s Boutique Farmers and the Banyan Tree Group for the ORI9IN organic farm. The set-up is on 141 hectares of land and will roll out in October of this year. In an innovative space, the farming concept has rental areas for […]