Minor International

src: static2.seekingalpha.com

Minor International (MINT) is one of the largest hospitality and leisure companies in the Asia Pacific region, operating more than 159 hotels and resorts, 2000 restaurants and 307 retail trade outlets in Thailand and 32 markets from Africa to Australia, including South America and Europe. Based in Bangkok, Thailand, it operates hotels under the Anantara, AVANI, PER AQUUM, Oaks, Tivoli, Elewana Collection, owns The Pizza Company, Thai Express and Riverside Restaurant franchises, and operates restaurants under Swensen's, Sizzler, Dairy Queen , Burger King, and The Coffee Club brands in Thailand and other countries.

Video Minor International

History

Minor International was established in 1978 as Royal Garden Resorts (RGR) with an initial capital of three million baht. The company is listed on the Thailand Stock Exchange (SET) on August 14, 1988 ( 1988-08-14 ) . At the end of 2004, the company completed the 100 percent acquisition of Minor Food Group and followed this in January 2005 with listing from the Thailand Stock Exchange.

In 2006, Anantara entered Dubai at The Palm Jumeriah In 2008, William Heinecke acquired 70 percent of Thai Express and 50 percent of The Coffee Club and 50 percent of Elewana Africa for US $ 12 million In 2008 it opened the Desert Islands Resort and Spa (Anantara) on Sir Bani Yas Island in Abu Dhabi

On June 12, 2009, the company completed a business restructuring plan with Minor Corporation (MINOR). As a result, the company directly and indirectly owns 99.92 percent of minority Minor rights. On June 22, 2009, Minor was issued from the Thailand Stock Exchange.

In July 2011, MINT completed the compulsory acquisition and purchased most of the shares of Oaks Hotels and Resorts Limited, a company listed on the Australian Stock Exchange and conducted a Management Loan (MLR) business in Australia, New Zealand and Dubai with a portfolio of 36 serviced suites in under the brand "Oaks".

Maps Minor International

Business

MINT operates three main businesses:

Hotel and mixed use
Restaurant
Retail trade and contracting

Hotels and mixed use

MINT has 126 hotels and serviced suites with over 16,500 rooms in its portfolio. The hotel business can be divided into four categories:

Hotel owned. MINT operates 27 fully owned hotels.
A joint venture. Mint has partnerships in 25 hotels.
Managed hotels. MINT manages 27 hotels.
Management of serviced suites. MINT manages 47 properties in Australia, New Zealand and Dubai.

Business related hotels include:

Spa business: MINT operates more than 55 spas in top hotels in 15 countries under the brands Anantara Spa, Mandara Spa, Elemis and Aequalis.
Plaza and entertainment business: MINT owns and operates three shopping plazas adjacent to its hotel. MINT also runs eight entertainment outlets at Royal Garden Plaza in Pattaya.
Residential property development business: MINT has two residential development projects, in Bangkok and Ko Samui.
Travel Club-Based Vacation Projects: Firstly under the Anantara brand, Anantara Vacation Club is a collection of luxury villas and luxury shared apartments located in various resort destinations for the use of their owners. Current properties include Koh Samui, Phuket, Chiang Mai, Bangkok, Bali, Queenstown - New Zealand, Sanya and Dubai.

Restaurants

Through its subsidiary, Minor Food Group PCL, MINT has one of the largest fast-food restaurant operations in Asia, with more than 1,700 restaurant outlets in Thailand, the Middle East, Asia and Australia.