ASIA Travel Tips.com

Minor Hotel Group Acquires Life Resorts

Search ASIA Travel Tips .com Send to Friend ASIA Travel Tips.com Latest Travel News Tuesday, 12 February 2013
 

Minor Hotel Group, a hotel owner, operator and investor, currently with 85 properties in operation across twelve countries, has strengthened its position in Vietnam’s hospitality sector by acquiring Life Resorts.

Within the Life Resorts portfolio, Minor Hotel Group has acquired the 96-key Life Heritage Resort Hoi An and the 63-key Life Wellness Resort Quy Nhon.

 The Life Resorts properties are widely recognised, not only in Vietnam but also in Asia and in key European markets such as Germany and the UK.

 Total investment amounts to US$ 16 million for the two properties and acquisition of the brand.

Minor Hotel Group plans to rebrand both properties later this year to two of its existing brands. The Hoi An property will be flagged under the group’s well-established luxury Anantara brand and will become Anantara Hoi An Resort and the Quy Nhon property will be flagged Avani, MHG’s new contemporary upscale brand, becoming Avani Quy Nhon Resort & Spa.

Life Heritage Resort Hoi An is French colonial style and situated along the Thu Bon River, a short walk from the town centre of Hoi An, a UNESCO World Heritage Site, while Life Wellness Resort Quy Nhon is a private secluded beach resort, with all guest rooms offering sea views.

Minor Hotel Group first entered into Vietnam in 1998 through a joint venture in Harbour View Hotel, Hai Phong. This was followed in 2011 by the launch of Anantara Mui Ne Resort & Spa on the country’s south east coast.

Dillip Rajakarier, CEO Minor Hotel Group, said, “With the acquisition of these two resorts, we are proud to extend our hospitality offering wider in Vietnam, giving us the opportunity to welcome diverse travellers from the north to the south of the country and delivering the same service quality and hospitality as in all the hotels we either own or manage within Minor Hotel Group.”

William E. Heinecke, Chairman and CEO of Minor International, added, “Vietnam is a fascinating country with a rich culture and diverse landscape and has seen exceptional growth and economic development in recent years. These two properties are a great fit for Minor’s hotel portfolio and we are convinced of their continued success and of the country’s bright prospects in the coming years.”

See other recent news regarding: Interviews, Pictures, Videos, Minor Hotel Group, Avani, Anantara, Vietnam, Life Resorts, Quy Nhon, Hoi An

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address above, or return to the Latest Travel News Asia main page to see all the latest headlines. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Exclusive HD video interview with the General Manager of The Ritz-Carlton, Bali, Mr. Karim Tayach. In this HD video interview, filmed on the side lines of the AAPA Assembly of Presidents at  The Ritz-Carlton, Bali, we sat down with Ilya Gutlin President, Asia Pacific of SITA to learn more about the company and the future of air travel. Exclusive HD video interview with Mr. Luc Bollen, General Manager of The Park Lane Hong Kong, a Pullman Hotel.
The Ritz-Carlton, Bali Future of Aviation The Park Lane Hong Kong
A very brief glimpse into one woman's amazing journey sailing from California to Terengganu in Malaysia Exclusive HD video interview with Air Macau's Chairman of the Board and President of Executive Committee, Mr. Zheng Yan Exclusive HD video interview with the General Manager of the JW Marriott Hotel Macau, Mr. Brian Tong.
Sailing from California to Malaysia Air Macau's Chairman JW Marriott Macau
This HD video tour of Thai AirAsia X's brand new 337-seat Airbus A330-300 aircraft was filmed at Don Mueang Airport in Bangkok, Thailand on 14 May 2014 Exclusive HD video interview with Mr Wayne Mak, Managing Director of Rhombus International Hotels Group HD video of the interior and exterior of a Thai Vietjet Airbus A320-200.
Thai AirAsia X A330-300 Rhombus Int. Hotels Group Thai Vietjet A320-200
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Advertising
Advertising
Copyright © 1997-2016 ASIATravelTips.com/TravelNewsAsia.com