MHG invests in Malaysian resorts

BANGKOK  Minor Hotel Group has signed a collaboration agreement with Destination Resorts & Hotels to develop an Anantara resort in Malaysia.
Under the agreement, both parties will identify a suitable location to co-develop a luxury resort and residences under the Anantara brand.
Established in 2010 by the Malaysian Government’s investment arm, Khazanah Nasional Berhad, DRH delivers commercially sustainable resort projects to broaden Malaysia’s appeal as an up-market, quality destination.
inside no 7Minor International chairman and CEO, William Heinecke commented: “We are delighted to make our first hotel investment in Malaysia through our partnership with Destination Resorts and Hotels …. We believe there is a vast potential for growth in the tourism sector in this beautiful country.”
The group’s first investment in Malaysia was undertaken in 2013, at the now operating AVANI Sepang Gold Coast Resort.
Minor Hotel Group (MHG) is a hotel owner, operator and investor, currently with a portfolio of 126 hotels, resorts and serviced suites in operation under the Anantara, AVANI, Per AQUUM, Oaks, Elewana, Marriott, Tivoli, Four Seasons, St. Regis, Radisson Blu and Minor International brands. Today MHG has properties in 22 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean.

sourced:ttrweekly.com