Minor Hotels targets over 200+ New Global Openings

Minor Hotels' Massive Expansion: Targeting 200+ New Global Openings

By Author

Published on January 31, 2024

Minor Hotels, a Bangkok-based hotel owner and operator, is on a mission to redefine the global hospitality landscape. With plans to launch over 200 new properties within the next three years, this ambitious strategy aims to increase their global portfolio by almost 40% - a leap from the current 540 properties to an awe-inspiring count, including more than 30,000 new rooms to its existing inventory of almost 80,000.

The foundation for this massive expansion is Minor Hotels' record financial performance in 2023. Group CEO Dillip Rajakarier reflects on this achievement as a catalyst for the accelerated growth. The strategy encompasses enhancing their brand portfolio, revamping their digital strategy, and adopting a balanced mix of management and franchise operating models.

Minor Hotels currently owns or leases about 70% of its properties. This figure is expected to reduce to 50% as the group shifts towards a more aggressive blend of management and franchise agreements. The plan includes more than 150 new management agreements, increasing their share from 19% in 2023 to 38% by 2026. The group also eyes new franchise agreements while continuing to grow its hotel investment portfolio.

The expansion isn't just about numbers; it's about geographic diversity. The group targets a balanced distribution of hotels and resorts globally, with about half of the new openings planned in Asia. Europe and the Middle East are expected to contribute over 50 properties each, while Australia, New Zealand, the Americas, and Africa will also see new openings. This strategy aims for a more equitable global room distribution, shifting the current Europe-centric focus.

Brands like Anantara, Avani, Oaks, Tivoli, and NH Hotels are expected to lead this expansion. Avani alone is set to double its property count to almost 100. Minor Hotels also plans to introduce new brands to meet unmet consumer demands and offer more tailored options to hotel owners.

Anantara Hotels, Resorts & Spas will continue to mark its presence with key openings across Europe, the UAE, Indonesia, and India. Avani Hotels & Resorts plans to expand in Frankfurt, Amsterdam, the Seychelles, and China. NH Collection Hotels & Resorts will celebrate its 10th anniversary with new openings in Thailand, Qatar, Finland, and Portugal. Tivoli Hotels & Resorts and nhow Hotels are also set for significant expansion.

As part of its growth, Minor Hotels is committed to expanding into new experience categories and enhancing its culinary and non-hotel brands. The Anantara Kafue River Zambia Tented Camp and The Vietage by Anantara in Vietnam are examples of the group's venture into luxury experiences beyond traditional hotels.

Minor Hotels' strategy of over 200 new openings by 2026 marks an ambitious stride in global hospitality. With a focus on brand enhancement, digital overhaul, and a mix of operating models, the group is set to redefine its presence across the world, offering diverse and luxurious experiences to travellers globally.

Lords Hotels & Resorts Strengthens Gujarat Presence with Four New Signings

By Manu Vardhan Kannan

Published on December 27, 2024

Lords Hotels & Resorts has announced the signing of four new properties in Gujarat, taking its total presence in the state to 28 hotels. This strategic expansion highlights the group's unwavering commitment to offering premium hospitality in one of India's most dynamic regions.

The newly signed properties include:

Lords Inn Sanand: A 61-room hotel scheduled to open by July 2025.
Lords Studio Inn Kodinar: A boutique property with 23 rooms, opening in October 2025.
Lords Inn Una: Featuring 40 rooms, set to welcome guests by December 2025.
Lords Inn Gir: Offering 44 rooms, projected to open in 2026.

These hotels promise thoughtfully designed amenities, including banquet facilities and multi-cuisine restaurants that embrace local culinary traditions. With a focus on providing unforgettable experiences, each property is tailored to meet the needs of both business and leisure travelers.

Pushpendra Bansal, Chief Operating Officer of Lords Hotels & Resorts, shared his excitement, stating, "We are thrilled to announce the signing of four hotels in Gujarat, a state celebrated for its rich culture, vibrant heritage, and thriving ecosystem. These signings reflect the strong momentum our brand has built over the years."

He further added, "We remain committed to upholding the legacy of the Lords brand as we continue our journey toward success."

With these additions, Lords Hotels & Resorts now manages a portfolio of 70 hotels and over 3,000 keys across three countries. As the brand grows, its core philosophy of delivering "True Value Hospitality" remains steadfast, ensuring exceptional guest experiences across all its properties.

OYO Faces Rising Turmoil: Layoffs, Legal Troubles, and Hotelier Backlash

By Nishang Narayan

Published on December 26, 2024

The troubles for OYO, one of India’s most prominent unicorn startups, continue to escalate. According to an Economic Times report, the company plans to lay off 2,000 employees by the end of January as part of its cost-cutting measures, which also include automation of processes. While OYO touts itself as one of the “best places to work,” the planned layoffs come amidst mounting internal and external challenges.

An OYO spokesperson stated, “OYO continuously tracks performances of individuals, and depending on the results and the individual’s interests, we may replace some candidates after giving them the opportunity to go through a performance improvement programme.” However, layoffs are just one part of the growing crisis the company faces.

Backlash from Hotel Owners

OYO’s problems extend beyond its workforce. The startup is under fire from hotel owners across various markets for unpaid dues and unfavorable contract terms. In India, the dissatisfaction has even led to legal action. Recently, a Bengaluru hotelier filed a cheating case against OYO founder Ritesh Agarwal and six others, alleging non-payment of INR 7 lakh per month since May 2019.

Globally, similar issues persist. In the United States, hotel owners have raised concerns about OYO’s partner management system, citing its inefficiency and failure to meet payment commitments. In Japan, Yahoo terminated its partnership with OYO due to increasing complaints from hotel owners. Even in China, where OYO claims to be one of the largest hotel chains, property owners report receiving lower payments than initially promised.

Regulatory Scrutiny

Adding to its woes, OYO is also under investigation by the Competition Commission of India (CCI). The probe focuses on a commercial agreement between OYO and MakeMyTrip, examining whether the partnership creates an unfair dominant position in the market.

Global Troubles Continue

The startup’s ambitious expansion into the US market has not been smooth, with several hotel owners expressing dissatisfaction with OYO’s operations. The issues of unpaid dues and operational inefficiencies seem to mirror the problems reported in other markets.

Despite these challenges, OYO continues to assert its commitment to growth and operational excellence. However, the growing dissent from hotel owners, legal battles, and regulatory scrutiny highlight a critical need for the company to address its operational inefficiencies and rebuild trust with its partners.

With these mounting issues, the road ahead for OYO appears increasingly complex. Will the unicorn be able to navigate these turbulent waters, or is its ambitious expansion strategy taking a toll on its foundational stability?

Mahakumbh 2025 Welcomes First Upscale Hotel: Regenta Evolife Dome City

By Nishang Narayan

Published on December 26, 2024

Royal Orchid Hotels Ltd. (ROHL) is all set to elevate the hospitality experience during Mahakumbh 2025 with the launch of Regenta Evolife Dome City, a one-of-a-kind upscale pop-up resort in Prayagraj. Strategically situated near the main bathing point and activity areas of the Mahakumbh Mela, this luxury offering will cater to international and domestic travelers looking for premium accommodations during the world’s largest religious gathering.

A Unique Hospitality Milestone

Scheduled to open on 15th January 2025, Regenta Evolife Dome City will feature a variety of accommodations, including luxurious tents and architecturally stunning domes. These unique domes not only offer a serene retreat but also provide guests with immersive stargazing opportunities. Complementing this are wellness activities such as yoga and meditation, a private beach for intimate ceremonies, and curated culinary experiences.

Exclusive Services for Memorable Stays

Guests at Regenta Evolife Dome City can enjoy a host of exclusive offerings, including complimentary airport transfers, meals tailored to preferences, and boat rides. The resort aims to blend spiritual enrichment with recreational luxury, making it a preferred destination for those attending Mahakumbh 2025.

Reimagining Spiritual Hospitality

Arjun Baljee, President of ROHL, shared his vision, stating, “2024 was the year we began redefining our hospitality brands, and 2025 is when we execute those plans. Mahakumbh 2025 provides the perfect stage to showcase Regenta Evolife Dome City, combining quality accommodations and unparalleled service in a spiritual epicenter.”

Meeting a Growing Demand for Luxury Accommodations

Mahakumbh 2025 is expected to attract an unprecedented 400 to 450 million visitors. Despite its spiritual significance, Prayagraj has long faced a shortage of high-quality accommodations for international tourists. Regenta Evolife Dome City aims to address this gap, offering world-class hospitality during this iconic event.

Collaboration and Innovation

Highlighting the collaborative effort, Mr. Alok Chauhan, the project’s developer, said, “We are thrilled to partner with ROHL to create this one-of-a-kind upscale property. With our excellence in dome architecture and Regenta’s signature hospitality, we aim to make every visitor’s stay unforgettable.”

Discover Prayagraj

Prayagraj, located at the confluence of the Ganges, Yamuna, and Sarasvati rivers, holds immense spiritual significance. As one of the four cities to host the Kumbh Mela, the city attracts millions of pilgrims, history enthusiasts, and tourists. Its rich heritage, ancient temples, and historical monuments make Prayagraj a must-visit destination during the Mahakumbh.

About Royal Orchid & Regenta Hotels

With over 110 hotels across India, Royal Orchid Hotels Ltd. is one of India’s fastest-growing hospitality chains. The Regenta brand extends its offerings to discerning travelers through categories like Regenta Resort, Regenta Inn, and more, combining convenience, affordability, and luxury.

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Minor Hotels' Massive Expansion: Targeting 200+ New Global Openings

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Lords Hotels & Resorts Strengthens Gujarat Presence with Four New Signings

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OYO Faces Rising Turmoil: Layoffs, Legal Troubles, and Hotelier Backlash

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Mahakumbh 2025 Welcomes First Upscale Hotel: Regenta Evolife Dome City

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