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Investing.com -- Minor International, the leading hotel operator in Southeast Asia, is planning a substantial expansion into the Japanese and U.S. markets. This move is part of the Thai company’s broader global growth strategy.
Currently, Minor operates about 560 hotels spread across 58 countries and regions. The company’s goal is to raise this number to 1000 by 2029, marking a 78% increase. This growth strategy comes as hotel demand in Southeast Asia is projected to reach saturation.
In an effort to penetrate new markets, Minor is planning to leverage its Asian-style offerings. The company is banking on these unique offerings to stand out in the competitive hospitality markets of Japan and the U.S.
This major expansion plan represents a significant step for Minor International as it seeks to increase its global footprint and diversify its operations beyond Southeast Asia.
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