Minor Hotels Announces Major Investment in Global Hotel Alliance
Bangkok (Thailand) – November 1, 2018 (travelindex.com) – Minor Hotels, a hotel owner, operator and investor, currently with a portfolio of over 160 hotels and resorts in 23 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean, announced today that it has taken a stake in the Global Hotel Alliance, (GHA).
Minor Hotels have been longstanding members of the GHA since 2007, first entering with the Anantara brand. As the GHA will enter its 15th year in 2019, Minor Hotels took the opportunity to support the alliance which is currently investing in new CRM and shared technology to build on the success of the DISCOVERY loyalty programme.
Following this shareholder announcement, Dillip Rajakarier, Minor Hotels CEO will now join the GHA Board of Directors. The investment is worth a total of $3.2million, representing a 10% share of the Global Hotel Alliance.
Dillip Rajakarier, CEO of Minor, commented: “Since joining the GHA in 2007, we have grown and developed our own brands and continue to acquire new ones, and membership of GHA fits well with our multi-brand strategy. GHA has consistently demonstrated the value of global customer reach and a strong CRM and loyalty programme for our hotels, and so we are delighted to be able to take our place as a shareholder in the business, with the opportunity to help guide its growth over the coming years.”
The 13 million DISCOVERY members will produce US$1.7 billion in room revenues in 2018, of which around US$125 million is from customers moving between our member brands. We plan to double those numbers in the next few years, as independent brands look to collaborate with each other to share the common challenge of competing with the ever-consolidating major brands and third party distribution providers.
About Minor Hotels
Minor Hotels is an international hotel owner, operator and investor currently with more than 160 hotels in operation. Minor Hotels passionately explores new possibilities in hospitality with a diverse portfolio of properties designed intelligently to appeal to different kinds of travellers, serving new passions as well as personal needs. Through our Anantara, AVANI, Oaks, Elewana, Tivoli, M Collection, Four Seasons, St. Regis, Marriott and Minor International properties, Minor Hotels operates in 23 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and South America. In October 2018, Minor Hotel completed a tender offer which resulted in the acquisition of 94.1% of NH Hotel Group.
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About Global Hotel Alliance
Global Hotel Alliance (GHA) is the world’s largest alliance of independent hotel brands, bringing together 33 brands with over 550 hotels in 77 countries. GHA uses a shared technology platform to drive incremental revenues and create cost savings for its member brands. GHA’s award-winning loyalty programme, DISCOVERY, provides 13 million members exclusive opportunities to immerse themselves in local culture wherever they travel. GHA’s hotel brands currently include: Alila, Anantara, Atura, AVANI, Corinthia, Discovery Destinations, Doyle, Elewana, GLO, Grace, JA Resorts, Kempinski, Leela, Lungarno, Marco Polo, Meritage, Meydan, Mysk, Niccolo, NUO, Oaks, Omni, Outrigger, Pan Pacific, PARKROYAL, QT, The Residence by Cenizaro, Rydges, Shaza, Thon, Tivoli, Ultratravel Collection and Viceroy.
Book your Global Hotel Alliance hotels in Bangkok and around the world at best rates available. Pay at the hotel. Book now at HotelWorlds.com!