**Summary: Minor Hotels Expands in India with Ambitious Growth Plans**
Minor Hotels is set to open 50 hotels in India over the next decade, starting with the launch of Anantara Jewel Bagh in Jaipur.
### Expansion Plans in India
– **Who**: Minor Hotels, part of Thailand-based Minor International Plc.
– **What**: Plans to establish 50 hotels in India by 2035.
– **When**: The initiative is set to unfold over the next ten years.
– **Where**: Focus on tier I and II cities across India.
– **Why**: To capitalize on the growing demand from Indian outbound travelers and the country’s improving connectivity and economy.
### Growth in Global Portfolio
– Minor Hotels is also looking to expand its global presence, particularly in Japan and Saudi Arabia.
– The company’s group CEO, Dillip Rajakarier, highlighted the increasing interest from global investors in India, noting the country’s strong economic fundamentals.
### Rising Demand from Indian Travelers
– Indian travelers now represent 15% of all guests at Minor’s European hotels and about 35% in Asia, including Thailand.
– The company reported a 16% increase in core portfolio-level revenue in 2024, reaching five billion baht ($151 million), with expectations for further growth.
### Diverse Brand Portfolio
– Minor Hotels operates eight brands, including Anantara Hotels, Resorts & Spas, and Avani Hotels & Resorts, with plans to introduce two new brands to its portfolio.
– The company co-owns a hotel in Bodhgaya under the ‘Oaks’ brand and has other brands like Elewana, Nhow, Tivoli, and Hesperia globally.
**Conclusion**: With its ambitious plans for expansion in India, how will Minor Hotels adapt its offerings to meet the needs of Indian travelers?
**FAQ**:
**What is Minor Hotels’ target for hotel openings in India?**
Minor Hotels aims to open 50 hotels in India by 2035, starting with the recently launched Anantara Jewel Bagh in Jaipur.
