NH Hotel Group, part of Minor Hotels, will now operate as Minor Hotels Europe & Americas. Following a vote at last Friday's annual general meeting, NH Hotel Group shareholders decided to change the company's registered name.
By the name Minor Hotels Europe & Americas acquire, NH Hotel Group is strengthening its integration with Minor Hotels. This promotes one recognisable corporate identity for stakeholders and accelerates Minor Hotels' global growth. Moreover, this strategic move strengthens the global commercial and operational structure, benefiting industry professionals, customers and shareholders.
Dillip Rajakarier, Group CEO of Minor International and CEO of Minor Hotels, said, "Taking on the name Minor Hotels Europe & Americas is an important milestone in how Minor Hotels has become a globally recognised organisation; now under one corporate identity. The shared passion and commitment to excellence of our Minor Hotels team becomes paramount in seizing new business opportunities to achieve our ambitious growth targets in the years to come."
Since 2019, Minor Hotels and NH Hotel Group have merged their global portfolio of eight brands - Anantara Hotels, Resorts & Spas, Avani Hotels & Resorts, Elewana Collection, NH Hotels & Resorts, NH Collection Hotels & Resorts, nhow Hotels & Resorts, Oaks Hotels, Resorts & Suites and Tivoli Hotels & Resorts - and introduced them to new markets around the world.
Cooperation between the groups has so far led to the launch of two NH Hotel Group brands (NH and NH Collection) in markets in Asia, the Middle East and the Indian Ocean, with further expansion in the pipeline. Minor Hotels' position in the luxury segment has been strengthened in Europe and the Americas with the opening of Anantara, Avani and Tivoli. Today, Minor Hotels Europe & Americas is responsible for more than 350 hotels in 30 countries in Europe and the Americas.
Minor Hotels Europe & Americas plans to grow across all segments, with a focus on high-end and luxury brands. Of the 200 hotels Minor Hotels plans to add globally by the end of 2026, the company is targeting more than 50 hotels in Europe. New hotels will also be opened in North and South America from across the Minor Hotels brand portfolio.
NH Hotel Group opened its first branch in 1978 with NH Ciudad de Pamplona Hotel. After NH Hotel Group became one of Spain's first hotel chains, it successfully expanded to the rest of Europe and the Americas. In October 2018, NH Hotel Group became part of Minor Hotels after Minor International (MINT) acquired 94.1% of the company through a mandatory public takeover bid. MINT has since increased its stake in NH Hotel Group to 95.9% as of 2023.
MINT, the Thailand-listed parent company of Minor Hotels, was founded in 1967 by William E. Heinecke. Minor Hotels' first hotel venture, Royal Garden Resort in Pattaya, Thailand, also opened in 1978. Minor Hotels has grown from a single property in Thailand to one of the world's largest global hospitality groups, with more than 80,000 rooms spread across more than 540 hotels in 56 countries and also owns a collection of related businesses.