Minor Hotels Group has unveiled an ambitious strategy to expand its portfolio throughout Asia, with plans to exceed 1,000 hotels worldwide within the next five years, company executives announced on Wednesday.
Minor owns eight hospitality brands, with operations spanning 60 countries.
The company currently operates 561 hotels worldwide, with another 114 signed projects in the pipeline. China and Southeast Asia account for 44 of the upcoming projects.
Minor said another 173 projects are under negotiation – 58 in China and Southeast Asia, 52 in Europe and Latin America, 41 in the Middle East and Africa, and 22 in Australia and New Zealand.
