date:Jan 09, 2013
other foreign assets outside China to grow its food and higher-margin hotel businesses.
Minor, which majority-owns hotels run under the Four Seasons, Marriott, St Regis and other brands, as well as other hotel joint ventures and management contracts, expects average growth in revenue and net profit of 15-20 percent a year over the next five years, Trithip said.
Food and hotel businesses contribute 45 percent each of revenue and the rest from trading business.
The investment capital will come