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Minor Hotels is an international hotel owner, operator, and investor headquartered in Bangkok, Thailand, with more than 550 hotels in over 55 countries across Asia-Pacific, the Middle East, Africa, the Indian Ocean, Europe, and the Americas. [1]
Bangkok is ranked 13th in the world in terms of the total number of skyscrapers. Bangkok experienced a building boom in the late 1980s and early 1990s when Thailand experienced rapid economic growth. However, the 1997 Asian Financial Crisis left a visible scar on the city’s skyline with many unfinished or abandoned buildings.
Minor International is a Thai multi-national company based in Bangkok, Thailand.The three core businesses of Minor International are hospitality, restaurants, and lifestyle brands distribution, operated under subsidiary companies Minor Hotels, Minor Food, and Minor Lifestyle, respectively.
The Centara Grand Hotel in Bangkok. Due to the large significance of the Thai tourism industry, hotels play a key role in tourism and accommodation. In 2022, Thailand contained around 60,000 registered hotels, with the most being in the South, whilst the North experienced the most demand. [1] [2]
The Bangkok-based Dusit Sindhorn Company Ltd took over Kempinski in November 1994, when it acquired a 52% stake. [ 2 ] [ 3 ] The 50:50 joint venture between Dusit Thani Group , and the Siam Commercial Bank eventually accumulated an 83% stake in the group, and Dusit Thani exited from the joint venture in 1998 when it sold out to its partner.
This page was last edited on 1 September 2016, at 05:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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