BANGKOK -- Thai hotel giant Minor International intends to open and operate 100 hotels in China amid efforts to diversify growth by shifting from investing, owning, and operating hotels to taking on contracted operation.
"We have a very new joint venture in China with Funyard Hotels & Resorts, which will hopefully lead us to about 100 hotels over the next five years in China," Minor Chairman William Heinecke told Nikkei Asia in an exclusive interview.
