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.

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