Minor Hotels, 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.
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.
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.
Dillip Rajakarier, CEO, Minor Hotels
The pandemic is further accelerating the process of the Chinese economy shifting toward the domestic market. This means new opportunities in domestic tourism and hospitality. We and Minor Hotels are both convinced that China’s resort market is full of potential. Funyard Hotels & Resorts has plenty of managerial experience and local resources in the domestic market, while Minor Hotels is an outstanding establishment in the global hotel and resort market. We look forward to working with Minor Hotels to tap into the Chinese resort market and bring new energy to Chinese and even global tourism.
Ji Hongjun, president, Funyard Hotels & Resorts