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.