Real Estate in Thailand
-
THAILAND, 2013/07/20
A major Thai hotel chain is pursuing a drive to expand its presence in the UAE and other Gulf nations with plans to set up additional hotels and resorts following strong performance worldwide, the company said in its annual statement.
Minor International is focusing on the UAE, the second major Arab economy, and new projects would sharply boost its hotel and resort property in the country. The company said it as well has plans to enter Qatar and other Gulf oil producers as it is buoyed by expectations that 2013 would be an extra good financial year for the firm.
The statement, obtained by /hotelandrest.com/ this week, showed Minor could have in excess of 900 rooms and villas in Abu Dhabi and Dubai at the same time as the projects are completed this year.
