#MinorHotels

[lifestyleblender]

Unleash Your Fitness Potential

Elevate your workout experience at the state-of-the-art gymnasium of Oaks Liwa Heights by Minor Hotels, from cutting-edge equipment to personalized training sessions to achieve your fitness goals in style.

[thedineandwine]

Dining with a View

Experience a culinary fiesta of local and International Flavours amidst lush landscapes at Minor Hotels.

[finer-things-blogs]

Creating Memories That Last Forever!

Experience the epitome of luxury and create unforgettable memories at Minor Hotels

[myromantictravel]

Experiences like no other

When you stay at a Minor Hotels establishment, even a simple meal can be transformed into a magical riverside experience - just for you and that special person in your life. 

[phonemantra-blog]

Minor Hotels, a leading global hospitality company with over 550 properties across 56 countries, has defied seasonal trends and delivered a robust first quarter of 2024. Their impressive performance, exceeding both revenue and profit expectations, highlights the resilience of the travel industry and Minor Hotels' strategic approach to portfolio management. Minor Hotels Outperforms in Q1 2024 Surpassing Expectations: A Financially Strong Start to 2024 Minor Hotels reported a net profit of THB 530 million for Q1 2024, a significant accomplishment considering the historically slower first quarter for European hospitality. This achievement can be attributed to several factors: Sustained Travel Activity: The continued rise in global travel demand played a crucial role in Minor Hotels' success. Despite challenges like seasonality, strong demand helped offset historical patterns and fueled positive revenue generation. Revenue Growth Across the Board: Core revenue for Q1 reached THB 29.6 billion, reflecting a substantial 17% year-over-year increase. This growth reflects healthy rate increases across the group's portfolio, particularly in key regions like Europe and Thailand. Strong Performance from Owned and Leased Properties: Minor Hotels' owned and leased properties emerged as a significant contributor to the company's financial strength. These properties accounted for 80% of core hotel and mixed-use revenues, showcasing a 21% year-on-year increase. This growth underscores the effectiveness of Minor Hotels' ownership and management strategies. Management Income Surge: Management income also saw a significant leap, rising 26% year-on-year. This growth is likely due to a combination of RevPAR increases across managed hotels and the addition of new management contracts throughout the year. Defying Seasonality: Europe Shows Positive Signs The European hospitality sector typically experiences a slow start to the year. However, Minor Hotels, with a vast portfolio of nearly 300 properties in Europe, managed to defy this trend. Here's what contributed to their success: Continued Global Demand: As mentioned earlier, sustained global travel demand transcended regional seasonality. This robust demand helped generate strong revenue and narrow Minor Hotels' quarterly core net loss to THB 968 million, a significant improvement compared to Q1 2023. Regional Strength: Thailand and Middle East & Africa Thrive Beyond Europe, Minor Hotels reported positive growth across other key regions: Thailand: Occupancy rates in Thailand demonstrated a remarkable improvement, with an overall increase of 10 percentage points compared to Q1 2023. This surge resulted in an impressive average occupancy rate of 80%, exceeding expectations. Middle East & Africa (MEA): Hotels in the MEA region also enjoyed strong growth, with occupancy rates rising by 11 percentage points to 65%. This positive trend was driven by popular brands like Anantara, Tivoli, and NH Collection. Rising Rates and RevPAR Fuel Profitability Another key contributor to Minor Hotels' success was the positive growth in Average Daily Rate (ADR). Here's a breakdown of this growth across different regions: Global Rate Growth: System-wide ADR figures for Q1 saw a positive increase of 11% year-on-year. Owned properties played a leading role in this growth, with a 14% year-on-year increase in ADR. Thailand's Strong Performance: In line with its remarkable occupancy figures, Thailand again emerged as a top performer, demonstrating a 12% increase in ADR across its properties. Europe and the Americas: While not experiencing the same magnitude of growth as Thailand, Europe and the Americas still displayed a positive trajectory. Rates in these regions saw an average increase of 13% when calculated in THB terms. This translated to a significant 18% growth in RevPAR (Revenue Per Available Room). Overall, system-wide RevPAR saw a 19% year-on-year increase. Notably, owned and leased properties significantly outperformed expectations. These properties experienced RevPAR growth of 21% compared to the prior year and a staggering 35% increase compared to pre-pandemic levels (2019). A Bright Future: Continued Expansion and Growth Dillip Rajakarier, CEO of Minor Hotels and Group CEO of Minor International, expressed optimism for the future based on these exceptional Q1 results. He highlighted the "agility and dynamic nature" of the company's global portfolio as key factors behind its success. Additionally, strong forward bookings suggest continued momentum and an exceptional year ahead.

[spaandwellness]

Spa facility at Banana Island Resort Doha

Discover an enchanting world of serenity and rejuvenation within the luxurious spa facilities of Minor Hotels, where every visit is a journey into tranquility and well-being.

[hassanshifaau]

#TeamPuBG, Kihavah excited to celebrate it’s 8th Anniversary. Wishing a very Happy Birthday to Kihavah and Kihavah family. #Kihavah8Anniversary #MinorHotels #passionpoweredgrowth (at Kihavah 8th Anniversary Party Ground) https://www.instagram.com/p/BuLXVIdnbXN/?utm_source=ig_tumblr_share&igshid=26wy19scnhif

[thepravasitraveller]

// A sophisticated sanctuary in a remote back to nature location, along Phuket’s longest stretch of beach, Anantara Mai Khao Phuket Villas hotel wraps around a lagoon scattered with lily pads. @anantaramaikhao To enjoy an extra special touch to your reservations connect with @thepravasitraveller @thepravasiislands #thepravasi #thepravasitraveller #anantaramaikhao #anantara #minorhotels #thailand #phuket #islandresort #coconutplantation #nature #poolvilla #luxury (at Anantara Mai Khao Phuket Villas) https://www.instagram.com/p/CbS5zSxvuWa/?utm_medium=tumblr

[familytravelblog]

The Best Hospitality Partner

Choose Minor Hotels as your accommodation partner to serve you on your vacations with friends, family, and business partners!

[trulysrilanka]

Private pool villas

Villas with private pools by Minor Hotels are all the rage this holiday season.

[thedineandwine]

Moments shared

Enjoy great food in magical settings with the ones you hold closes to your heart with Minor Hotels.

[finer-things-blogs]

A contemporary stay!

Enjoy the contemporary architecture, spacious atmosphere, and modern amenities at Minor Hotels.

[myromantictravel]

True love stories have happy endings.

Minor Hotels provides the best ending to your epic love story with the most beautiful and colourful wedding ceremonies.

[phonemantra-blog]

The travel industry is witnessing a powerful collaboration as Minor Hotels, a rapidly expanding hospitality group, and dnata Travel Group, a leading global travel services provider, join forces. This strategic partnership promises to elevate the booking and in-destination experience for global travelers across the globe. Minor Hotels and dnata Travel Group Elevate A Long-Term Vision: Driving Growth and Enhancing Travel Experiences The newly forged agreement between Minor Hotels and Dnata Travel Group extends beyond a typical business partnership. Here's a closer look at the key objectives: Enhancing the Travel Experience: Both companies are dedicated to creating seamless and enjoyable travel experiences. This collaboration will focus on offering flexible booking options, exclusive packages, and cost-saving opportunities for both leisure and corporate travelers. Mutual Growth Strategy: The partnership fosters a win-win situation for both parties. As Minor Hotels embarks on a rapid expansion plan, dnata Travel Group's extensive network provides access to new markets and high-value customer segments. Conversely, dnata Travel Group customers will benefit from the diverse portfolio of Minor Hotels, encompassing a range of hospitality options. A Multi-Faceted Partnership: Expanding Reach and Offerings This strategic alliance encompasses various aspects of travel services, ensuring a more comprehensive and enriching experience for travelers. Dynamic Distribution: Leisure and corporate travelers can access real-time rates for Minor Hotels' properties through dnata Travel Group brands, ensuring they get the best deals available. Wholesale Distribution: Minor Hotels is collaborating with Yalago, dnata Travel Group's leading wholesale brand, to develop a sustainable B2B distribution strategy. This will offer significant savings across Minor Hotels' global network for travel partners and their clients. Destination Management Expertise: The integration with Dnata Travel Group's Destination Management Companies (DMCs) - Arabian Adventures and Destination Asia - allows for the creation of more dynamic packages. Travelers can now seamlessly book exciting in-destination experiences alongside their hotel stay. Tailored Corporate Travel Solutions: A dedicated corporate agreement ensures that Dnata Travel Group's corporate clients receive competitive rates and additional benefits across Minor Hotels' global portfolio. Sustainability Initiatives: Both companies are committed to responsible tourism practices. The partnership aims to develop and implement aligned sustainability programs and initiatives across their operations. Statements from Key Figures Ian Di Tullio, Chief Commercial Officer at Minor Hotels: "As one of the largest producers of room nights for Minor Hotels, we look forward to working more closely than ever before with the dnata Travel Group. Through dnata, we have access to high-value channels and traveler segments, as we expand our portfolio and enter new markets. For dnata's varied customer network, our hotels and resorts offer a world of choice, from luxury resort brand, Anantara Hotels & Resorts, to our boutique lodges, camps, and hotels in the Elewana Collection, and excellent value mid-range and upper-upscale options." John Bevan, CEO of the dnata Travel Group: "Our enhanced partnership with Minor Hotels marks an exciting chapter for our global travel brand network, in collaboration with one of the world's fastest-growing hospitality companies. Working together on a long-term strategy to foster business cooperation and diversified business development is enabling us to bring more, exclusive benefits to our partners and customers with tailor-made strategies per channel and market, as our brands continue to grow across the world." A Brighter Future for Global Travel This strategic partnership between Minor Hotels and Dnata Travel Group signifies a positive development for the travel industry. By prioritizing both traveler experience and growth, the collaboration aims to: Offer a wider range of travel options and experiences to global audiences. Streamline the booking process and provide competitive pricing for different travel segments. Champion sustainable tourism practices within the industry. This collaborative effort sets the stage for a more enriching and accessible travel experience for travelers worldwide.