Minor International sells Portugal hotels
Thailand-based hotel group Minor International announced the sale of two Tivoli brand hotels in Portugal’s Algarve region. They have been purchased by Azora European Hotel & Lodging for €148 million euros ($174 million).
A Minor subsidiary will continue to operate the hotels under the Tivoli brand. Minor has a large portfolio of more than 500 hotels and rental apartments across multiple brands including Tivoli as well as NH Hotels, Anantara and Avani.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel