Showing 1 - 10 of 111
Thailand to underpin Radisson's expansion ambitions
Business, Molpasorn Shoowong, Published on 11/02/2025
» Radisson Hotel Group aims to double its portfolio to over 150 hotels within three to five years, mainly driven by expansion in Thailand, where the tourism industry remains robust.
Minor International Tops Thailand in TIME’s Global Ranking
Published on 18/11/2024
» Minor International Public Company Limited (MINT) has been recognised in the “World’s Best Companies 2024” by TIME magazine and Statista, the world-leading statistics portal and industry ranking provider. The prestigious recognition places Minor International at #425 out of 1,000 companies worldwide and ranks it as the #1 company in Thailand.
MINT Reports 19% Core Profit Growth for 9M24 Poised for Strong Q4 and 2024
Published on 12/11/2024
» Minor International Public Company Limited (MINT) has announced core net profit of THB 5,514 million for the first nine months of 2024, a 19% year-on-year increase. Core EBITDA grew 11% year-on-year to THB 33,623 million, powered by a 9% rise in core revenue driven by outstanding performances in MINT’s hospitality and restaurant businesses. This strong growth was driven by effective revenue optimisation, resulting in increased ADR and RevPAR across MINT’s hotel portfolio, together with sustained cost discipline.
Dheeradon Dissara Wins Campari Red Hands Thailand 2024
Published on 05/09/2024
» Campari and Alchemy Thailand hosted the Campari Red Hands Thailand 2024 bartender cocktail competition at the Radisson Blu Plaza Bangkok Hotel, where Dheeradon “Gotji” Dissara, General Manager of Ray Cocktail and Bite, emerged as the winner. Dissara will now represent Thailand in the Campari Red Hands Asia 2024 competition, which will be held in Milan, Italy, in November 2024.
MINT Announces 74% Net Profit Growth In 1H24
Published on 06/08/2024
» Minor International Public Company Limited (MINT) announced net profit of THB 3,969 million for the first half of 2024, a 74% increase from the same period in 2023. This robust profit growth builds on last year’s high net profit base and reflects the strength of MINT’s business model as well as the continued resilience of the global travel industry. MINT’s core profit for 1H24 (profit after excluding extraordinary items) saw a solid 22% y-y growth for 1H24.
MINT Q1 Profits Surge to THB 1,146M
Published on 15/05/2024
» Minor International Public Company Limited (“MINT”) on May 14, 2024, announced its first quarter 2024 financial results, posting a net profit of THB 1,146 million in 1Q24 notwithstanding 1Q being the low season for its most significant contributor, its European hotel business. This profit represented a significant improvement from a THB 976 million loss in 1Q23 and was attributable to stronger performance across all business units as well as favourable foreign exchange movements. At the core level, MINT recorded a core net loss of THB 352 million in 1Q24 (due to aforementioned seasonality of the European hotel business), representing a 46% improvement (less loss) from a core net loss of THB 647 million in 1Q23. MINT’s hotel and restaurant businesses both reported robust financial performance in 1Q24 from continued rising demand, which enabled the Company to implement strategic dynamic pricing, drive increased dine-in traffic and lock in further cost optimisation. Minor Hotels Thailand, Minor Hotels Australia and Minor Food all saw double-digit year-on-year growth. Meanwhile, Minor Hotels Europe and the Americas outperformed expectations by narrowing their y-y quarterly losses.
Minor International Backs Government Efforts
Published on 22/03/2024
» Minor International (MINT)’s Chairperson, Mr. William Heinecke, and Group CEO, Mr. Dillip Rajakarier, recently held discussions with the Prime Minister of Thailand, H.E. Srettha Thavisin. During the meeting, MINT commended the Government for its pro-business and pro-tourism policies, including visa exemptions, tax reduction on alcohol beverage sales, as well as various measures aimed at attracting visitors from around the world to Thailand, such as Formula E racing and the expansion of international airports. MINT's Chairperson expressed confidence in the Government, stating that under the Prime Minister's administration, Thailand has the potential to become the world's number-one tourist destination within two years.
Guru's Weekly Buzz: Feb 9-15
Guru, Published on 09/02/2024
» Guru by Bangkok Post's pick of the most exciting products, activities, food and travel to indulge in.
2023 CEO Of The Year - Hospitality & Leisure Industry
Published on 08/09/2023
» Minor International Public Company Limited (“MINT”) is pleased to announce that its Group CEO, Mr. Dillip Rajakarier, has been honored with the prestigious title of "2023 CEO of the Year - Hospitality & Leisure Industry" by European CEO, a renowned European subscription-based print and online publication. This award recognizes Mr. Rajakarier's exceptional leadership and unwavering dedication to the company's growth and success.
Mint's quarterly profit surges to record thb 3 billion on the back of continued strong travel rebound
Published on 11/08/2023
» Minor International Public Company Limited (MINT) announced on August 11 its financial results for the second quarter of 2023, reporting record core profit of THB 3.0 billion. This represented a 148% year-on-year increase from 2Q22 and was 52% above pre-COVID 2Q19. The results reflected continued global recovery momentum in both hotel and restaurant sectors post-COVID.