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The following is the [Travel News]: Minor Hotels partners with Funyard Hotels for China expansion from [HotelBusiness] recommended by TheTourAttraction.com:
With demand for leisure and resort services shifting from overseas to domestic, optimism about China’s tourism and resort market is at an all-time high.
Minor Hotels, an international hotel owner, operator and investor headquartered in Bangkok, signed a Memorandum of Understanding (MoU) with Funyard Hotels & Resorts, a member of the Country Garden Core Business Alliance, which will see the expansion of its brands in China.
The announcement comes at a time when the growth of China’s travel sector is expected to accelerate following post-COVID-19 easing of movement restrictions for travelers. With demand for leisure and resort services shifting from overseas to domestic, optimism about China’s tourism and resort market is at all-time high, the company reports.
As one of the world’s top 20 hotel groups with 530 hotels in 56 countries and regions, Minor Hotels has a diverse portfolio of brands. Through its partnership with Funyard Hotels & Resorts, a core alliance enterprise of Country Garden Group, the hospitality group will be bringing Anantara, Avani, Oaks, Elewana, Tivoli and NH brands to mainland China, many of them for the first time.
At the virtual MoU signing ceremony, Dillip Rajakarier, CEO, Minor Hotels, said, “China’s hospitality market is extremely competitive but full of opportunities. We highly value this chance to partner with Funyard Hotels & Resorts to support each other’s global branding strategies.”