Minor Hotels Drives Record Profit Growth, Owning Seven Luxury Resorts in Maldives

International hotel giant Minor Hotels, operating seven luxurious resorts in the Maldives, reported a stellar year in 2023, with record revenue and a massive 450% profit surge. Key Highlights: Full-year revenue: THB 121.4 billion (approx. USD 3.4 billion), up 25% from 2022. Core net profit: THB 4.95 billion, 450% increase compared to 2022. Europe and Thailand: Led group-wide growth in Average […]

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Minor Hotels appoints Stuart De San Nicolas as Cluster General Manager for 3 Maldives resorts

Stuart De San Nicolas has been appointed as the new Cluster General Manager for Anantara Kihavah Maldives Villas, Avani+ Fares Resort and NH Collection Maldives Havodda, effective from 23rd December 2023. With over 30 years of hands-on industry experience, gained from an impressive career that has taken him to locations as diverse as Europe, South […]

NH Collection’s debut Maldives property marks brand’s first expansion out of urban locations

Minor Hotels, an owner, operator, and investor with a portfolio of over 530 hotels and resorts in 56 countries, has announced the NH Collection brand’s Maldivian debut with NH Collection Maldives Havodda Resort. The resort, slated to join the portfolio in August this year, will be the NH Collection brand’s first property outside of an […]

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