Minor Hotels CEO: Why Hyatt’s Interest Was an Embarrassment
Photo Credit: Minor Hotels CEO Dillip Rajakarier recently spoke with Skift about the company's plans for growth. Minor Hotels
Skift Take
Minor Hotels CEO Dillip Rajakarier talks a pretty big game, and he doesn't hold back on what's on his mind about where his company stands in global hospitality.
Minor Hotels made a number of headlines this year when it announced its intent to buy up Chinese conglomerate HNA's shares in Spain's NH Hotel Group and to eventually launch a takeover bid that Hyatt Hotels failed to supersede.
But the truth is that Minor Hotels — which is just one part of its own massive conglomerate, Bangkok-based Minor International — has been making headlines for some time, quietly building itself up into the 68th largest hotel company in the world by number of rooms. If Minor succeeds in its takeover bid of NH Hotel Group, the two combined would make up the 19th largest hotel company by number of rooms.
Minor International itself has a market capitalization of $5.16 billion, and its three primary businesses encompass 2,100 restaurants, 300 retail trading outlets, 160 hotels, and 60 spas spread out among 40 different countries.
Skift recently spoke to Minor Hotels CEO and Minor International Chief Operating Officer Dillip Rajakarier to learn more about
