Minor Hotels' Massive Expansion: Targeting 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.

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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.

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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.


First Hospitality Expands with New Hotels and Restaurants

First Hospitality Expands with New Hotels and Restaurants

By Nithyakala Neelakandan

Published on May 28, 2024

First Hospitality, a leading hotel management and development company, has recently expanded its portfolio by adding three new lifestyle hotels and seven restaurants. This move brings their total to over 25 lifestyle properties within a broader collection of 70 hotels. Notably, this expansion includes their first international property.

The new hotels under First Hospitality's management include the upcoming Hotel Ardent in Dayton, Ohio, the Lively Hotel in Oklahoma City, and the recently opened Tempo by Hilton Louisville Downtown NuLu in Kentucky. These additions are part of First Hospitality's strategic plan to enhance its presence in key markets.

Opened on May 1, 2024, the Tempo by Hilton Louisville Downtown NuLu features 130 rooms. This vibrant hotel is designed to reflect the lively NuLu neighborhood, providing stylish spaces for social gatherings and events. The hotel offers two dining options: the Moonsong Bar + Café on the first floor and the High Stakes Grill, a rooftop restaurant with indoor and outdoor dining and a spectacular view of the skyline. This property embodies the dynamic spirit of the NuLu area, making it a destination for both locals and travelers.

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Scheduled to open in the fall of 2024, Hotel Ardent in Dayton will be part of Hilton's Tapestry Collection. This 118-room boutique hotel will feature Bistecca, a Tuscan steakhouse serving breakfast, lunch, and dinner with a menu inspired by Italian cuisine. The addition of this property marks a significant step in First Hospitality's expansion into new markets, particularly within the boutique hotel segment.

The Lively Hotel in Oklahoma City is set to open in late August 2024. This 132-key boutique hotel is a critical part of the OAK mixed-use community. As First Hospitality’s first property in Oklahoma, it will also be the first Tapestry Collection by Hilton in the state. The hotel will include the Cloud Puncher restaurant, offering breakfast, lunch, and dinner along with poolside service. The development of this property is a collaboration with Veritas Development and Gatehouse Capital, highlighting First Hospitality's ability to form strategic partnerships.

Alongside its hotel expansions, First Hospitality has also assumed management of seven new restaurants, increasing its portfolio to over 30 dining establishments. Among these is the internationally anticipated Carnivale Bahamas on Paradise Island, set to open this fall. Modeled after the original Carnivale in Chicago, this venue will feature 15,000 square feet of indoor and outdoor spaces, serving pan-Latin cuisine and craft cocktails. This marks First Hospitality’s first international restaurant venture, promising to bring vibrant energy to Paradise Island.

Other recent additions include Coa at The Drake Oak Brook in Oak Brook, Illinois, which opened on March 25, and Assembly American Brasserie in downtown Toledo, Ohio, which opened in late January. These restaurants highlight First Hospitality's commitment to offering diverse and high-quality dining experiences.

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David Duncan, CEO of First Hospitality, expressed excitement about the company’s growth, particularly in new markets. “With the expert skill set of our teams and proprietary technology and operating platform, First Hospitality is well positioned to continue to expand in lifestyle accommodations and restaurants as we approach our 40-year company milestone,” Duncan stated. He also highlighted the significance of their first international venture with Carnivale Bahamas, which aims to bring a new level of energy to Paradise Island.

First Hospitality's recent expansions reflect its strategic focus on enhancing its lifestyle offerings and entering new markets, ensuring continued growth and innovation in the hospitality industry. For more information about their properties and upcoming openings, visit First Hospitality's website.


Wyndham Hotels & Resorts Wins ‘Franchisor of the Year’ Award Again

Wyndham Hotels & Resorts Wins ‘Franchisor of the Year’ Award Again

By Nithyakala Neelakandan

Published on May 28, 2024

Wyndham Hotels & Resorts has once again been recognized as the “Franchisor of the Year – Hotels & Motels” at the 20th edition of The Franchise Awards 2024. This marks the second consecutive year the company has received this prestigious award, reinforcing its status as a leader in the hospitality industry.

The Franchise Awards, organized by Franchise India, are highly esteemed in the Indian franchising sector. Held in Delhi, the awards ceremony brought together industry leaders, innovators, and visionaries to celebrate organizations demonstrating exceptional business acumen and achievements in franchising. The awards are adjudicated by an independent panel of experts and supported by Francorp, a notable franchise consulting firm.

Dimitris Manikis, President EMEA of Wyndham Hotels & Resorts, expressed pride in the company's back-to-back wins. He highlighted Wyndham's commitment to franchising excellence and their strategic focus on the Indian market. “With over 60 operational hotels and a pipeline of more than 40 hotels across 41 cities in India, we aim to make hotel travel accessible to all. Expanding our portfolio with award-winning brands across various hospitality segments allows us to fully explore and capitalize on opportunities in the Indian market,” Manikis said.

Wyndham Hotels & Resorts has earned its position as an industry trailblazer through continuous innovation, strategic market expansion, and a steadfast commitment to high hospitality standards. The company's visionary approach to franchising has led to a vast network of hotels worldwide, delivering exceptional guest experiences.

Wyndham operates approximately 9,200 hotels across more than 95 countries, making it the world's largest hotel franchising company by the number of properties. The company's portfolio includes 25 hotel brands, such as Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn®, Trademark Collection®, and Wyndham®. Their award-winning Wyndham Rewards® loyalty program boasts around 108 million enrolled members, offering the opportunity to redeem points at thousands of hotels, vacation club resorts, and vacation rentals globally.

Wyndham's focus on the Indian market is a testament to its strategy of expanding its footprint in regions with high growth potential. This approach not only enhances their brand presence but also supports their mission to provide accessible and high-quality hotel experiences to travelers.

For more information about Wyndham Hotels & Resorts, visit wyndhamhotels.com.


Eco Hotels Expands in Kota with The Eco Satva, Aiming for Sustainable Hospitality

Eco Hotels Expands in Kota with The Eco Satva, Aiming for Sustainable Hospitality

By Nishang Narayan

Published on May 28, 2024

Eco Hotels and Resorts Limited continues its expansion with the launch of 'The Eco Satva' in Kota, Rajasthan, further broadening its portfolio with a focus on sustainable and eco-friendly lodging solutions. This new property, featuring 63 keys, is located in one of the prime areas of Kota, enhancing the brand’s presence in the region.

Vinod K Tripathi, Executive Chairman of Eco Hotels and Resorts Limited, expressed enthusiasm about the new launch: "We are excited to introduce 'The Eco Satva' at Kota. True to its name, which signifies purity, this property is a purely vegetarian and net carbon zero hotel, aligning with our core values of environmental sustainability."

The introduction of The Eco Satva is part of Eco Hotels' broader strategy to expand its sustainable hospitality solutions across India. The brand is also in advanced discussions to sign an additional 250 rooms by the end of May, with a target to exceed 500 rooms by the end of June 2024.

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Akash Bhatia, CEO of Eco Hotels and Resorts Limited, highlighted the brand's commitment to the environment: "At Eco Hotels, our initiatives are geared towards promoting sustainable travel options and supporting India’s ambition to achieve Net-Zero by 2070. Every step we take is aimed at minimizing the environmental footprint and enhancing the sustainability of the hospitality industry."

The Eco Satva not only promises a comfortable stay but also offers a unique vegetarian experience, catering to the growing demand for diverse and environmentally conscious travel options. With this expansion, Eco Hotels reinforces its commitment to pioneering sustainable practices in the hospitality sector.

For more information about The Eco Satva and to make reservations, please visit the Eco Hotels and Resorts Limited official website.

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