Minor Hotels plans 50 hotels in India by 2035

Minor Hotels, an international hotel chain, plans to expand significantly in India. The company aims to open 50 hotels by the year 2035, following the recent launch of the Anantara Jewel Bagh in Jaipur. Dillip Rajakarier, the group CEO of Minor International Plc, shared details about the company’s strategy during his visit to India. He noted that Minor Hotels has successfully established a presence in the country with the new hotel. The company also plans to grow globally, particularly in Japan and Saudi Arabia. Rajakarier emphasized the potential for growth in India, citing improvements in domestic travel connectivity and increasing foreign investment. He expects a rising number of Indian travelers to their hotels, both in India and other countries. Currently, Indian travelers make up a significant portion of guests visiting Minor Hotels in Europe and Asia. The company's financial performance has been strong, with a 16% increase in revenue in 2024. Rajakarier expects further growth in 2025 due to rising occupancy rates. Minor Hotels operates several brands, including Anantara and Avani, and plans to add more names to its portfolio, expanding its reach in India. Minor Hotels aims to be more asset-light, preferring to manage hotels rather than own them outright. As travel trends shift, the company is adapting to meet the needs of modern travelers. Despite global uncertainties, Rajakarier remains optimistic about travel growth, driven by a growing middle class and a recovering tourism industry. Overall, the hotel chain is poised for significant growth in India and beyond in the coming years.