Thai food, hotel firm Minor plans $1.3 billion on expansion and acquisitions
date:Jan 09, 2013
lion in 2012, the government has said. Analysts estimate it to top 23 million in 2013 as Thailand, boosted by room rates for luxury hotels which are cheaper than Asian neighbors.

We have seen strong demand for hotel accommodation with gradual increase in occupancy rates, Trithip said.

Minor, which bought Australia's Oaks Hotels and Resorts Ltd in June 2011, will focus on joint ventures and management contracts for the expansion of its hotel business overseas, she said.
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