Minor plans B40bn expansion | Bangkok Post: business

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Minor plans B40bn expansion

Erawan expects strong growth for tourism

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SET-listed hospitality company Minor International Plc is set to spend 40 billion baht to expand its hotel and food businesses from 2013-17. 

Of the budget, 20-25 billion baht will be poured into opening new hotels and restaurants under existing brands, while another 15 billion baht will be used to create new business.

Vice-president Chaiwat Paithoon said Minor will have almost 2,500 food restaurants around the world by 2017, up from 1,381 now.

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