Articles tagged “minor international”

Minor Hotels Seeks Scale to Capture More of the Chinese Travel Market

Minor Hotels Seeks Scale to Capture More of the Chinese Travel Market

Natnicha Chuwiruch, Bloomberg

In the current business environment, it is a truth universally acknowledged that a single hotelier in possession of a healthy bank account must be in want of more hotels, and more brands.

1 week ago

Minor Hotels CEO: Why Hyatt’s Interest Was an Embarrassment

Minor Hotels CEO: Why Hyatt’s Interest Was an Embarrassment

Deanna Ting, Skift

Minor Hotels CEO Dillip Rajakarier talks a pretty big game, and he doesn't hold back on what's on his mind about where his company stands in global hospitality.

2 months ago

Making Sense of the Hyatt, NH Hotels, Minor International Saga Thus Far

Making Sense of the Hyatt, NH Hotels, Minor International Saga Thus Far

Deanna Ting, Skift

Would NH Hotel Group have been better off with Hyatt? Perhaps we’ll never know. But maybe there’s another company out there that isn’t afraid to get into a bidding war with Minor?

3 months ago

Hyatt Backs Away From Bid to Buy NH Hotels

Hyatt Backs Away From Bid to Buy NH Hotels

Charles Penty, Bloomberg

Hyatt's attempt to buy NH Hotels may have been foiled but its latest move indicates that the company is hungry for scale, so we should expect it to make some moves going forward.

3 months ago

Minor International CEO Says Hyatt’s Offer for NH Hotels Is Too Late

Minor International CEO Says Hyatt’s Offer for NH Hotels Is Too Late

Charles Penty, Bloomberg

If the battle between Marriott and Anbang over Starwood was any indication, Minor International should know it's not over until the deal is signed. That 44 percent stake should come in handy, but it's not a full 100 percent just yet.

3 months ago

Minor International Pays $225 Million to Boost Stake in Spain’s NH Hotels

Minor International Pays $225 Million to Boost Stake in Spain’s NH Hotels

Patrick Whyte, Skift

With Oceanwood (mostly) checking out and HNA looking to sell, it's all change at NH Hotels. Maybe this will kick off the consolidation in the hotel market that so many have predicted.

5 months ago