The Business Times
business-time-50
TOPLINE

Minor International sees major opportunities in travel recovery

google-preferred-sourceAdd BT as a preferred source
Megan Cheah

Megan Cheah

Published Mon, Oct 2, 2023 · 05:00 AM
    • “Now, when people go away on a vacation, they want to come back looking more beautiful,” says William Heinecke, founder and chairman of Minor International.
    • “Now, when people go away on a vacation, they want to come back looking more beautiful,” says William Heinecke, founder and chairman of Minor International. PHOTO: YEN MENG JIIN, BT

    MINOR International was so named because its founder, William Heinecke, was just 17 years old – a minor, in legal terms – when he started the business.

    Some 45 years on, Heinecke shows no signs of slowing down his quest to build the company’s global portfolio of hospitality and lifestyle brands.

    At the last count, the Thailand-based conglomerate operated some 8,800 rooms in about 550 hotels worldwide. Its sprawling ecosystem of hotels and resorts, which serves customers across six continents, includes luxury brands such as Anantara Resorts and Avani Hotels & Resorts.

    ToplineMinor InternationalHospitalityRetailHotelsRestaurantsBreadTalk

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More