In December 2019, India and China were connected through 539 direct passenger flights. Now there are none.
Minor Hotels CEO Plans to Fill Portfolio Gaps in India, U.S.
16.06.2024 - 16:27 / skift.com / Sean Oneill
Minor International runs 540 hotels and aims to grow that count about a third by 2026.
“In the next three years, our strategy is about expanding horizons,” said Minor International and Minor Hotels CEO Dillip Rajakarier. “We have a target of adding 200-plus properties in different geographies, particularly in India. We plan about 40 in Northern Europe.”
Skift spoke with Rajakarier to learn more.
Minor, the world’s 10th-largest hotel group and headquartered in Bangkok, has been introducing its European brands like NH Hotels into Asia.
Minor Hotels is open to opportunistic acquisitions that align with its strategic goals, the CEO said.
Is Minor open to acquiring a portfolio that may include real estate assets and not just brands?
What am I looking at? The performance of hotels and short-term rental sector stocks within the ST200. The index includes companies publicly traded across global markets, including international and regional hotel brands, hotel REITs, hotel management companies, alternative accommodations, and timeshares.
The Skift Travel 200 (ST200) combines the financial performance of nearly 200 travel companies worth more than a trillion dollars into a single number. See more hotels and short-term rental financial sector performance.
Read the full methodology behind the Skift Travel 200.
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