Minor Hotels plans to grow its portfolio to 600 properties in 59 countries with more than 91,000 rooms in 2025, driven by an optimistic outlook for the global tourism industry after Covid-19 infections eased.
Dillip Rajakarier, group chief executive of Minor International Plc and chief executive of Minor Hotels, said that as pent-up demand should drive the industry for years, the company can expand via its "Asset Right" strategy that seeks to balance investments or leased projects and management contracts.
