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Minor On The Acquisition Trail Again?

Author: Bill Barnett. Category: Hotels. Posted: 27th Nov 2018

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.

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