Thailand’s Minor Hotel Group has signed a major new partnership that will see it develop a series of high-end resorts in Africa.
The deal with Dubai-based Rani Investment LLC entails the creation of a new joint venture company that will initially take ownership of the Indigo Bay Resort & Spa in Mozambique. Located on Bazaruto Island, 30km off the coast of the southeast African country, the 44-villa resort will be rebranded as the Anantara Bazaruto Island Resort & Spa later this year, and managed by Minor.
Following this, the joint venture company said it plans to explore further opportunities in Mozambique, including in the capital Maputo, as well as other markets in East Africa. These are expected to include a mix of new-build and re-flagged properties, operated under Minor’s Anantara, Avani or Oaks brands.
“We are excited to be partnering with Rani Investment and are looking forward to working closely with them to grow our portfolio in Africa, specifically in Mozambique to begin with. We are already present in Tanzania and Kenya through our partnership with Elewana Collection and we are keen to expand further into other parts of this vast continent where there is so much untapped opportunity,” said Dillip Rajakarier, CEO of the Minor Hotel Group.
Minor is expanding fast, having already sealed the acquisition of Vietnam’s Life Resorts and Maldivian luxury resort operator Per Aquum this year. These deals followed the 2011 purchase of Australia serviced apartment operator Oaks, while in Africa the company already partners the Elewana Collection.
The addition of the Indigo Resort portfolio takes Minor’s total portfolio to 94 hotels in 13 countries.
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