Industry Update
Press Release 7 April 2014

Minor Hotel Group further strengthens entry into Mozambique with Anantara and AVANI brands

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Minor International

Minor Hotel Group (MHG), operator of over 100 hotels, resorts and serviced suites in 14 countries across Asia Pacific, the Middle East, Africa and the Indian Ocean, is pleased to announce the addition of three properties in Mozambique to its portfolio and a 25% equity investment in the properties. They will be reflagged to MHG's Anantara and AVANI brands later this year and take the total number of MHG properties in operation to 108 and the total number of rooms to over 13,000.

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This investment is part of MHG's strategy to expand its footprint globally and increase the group's presence in Mozambique, which represents a continued investment in the long term strategic partnership agreement MHG has with Dubai-based Rani Investment LLC. The two organisations formed a joint venture company in August 2013 for the ownership of Indigo Bay Resort & Spa in Mozambique, which was re-branded to Anantara Bazaruto Island Resort & Spa in November.

The three properties are located on the northern coastline of Mozambique, operating as part of the Rani Resorts portfolio. On the mainland, the 185-key Pemba Beach Hotel & Spa will be rebranded to AVANI Pemba Beach Hotel & Spa. Located in the Quirimbas Archipelago, the exclusive boutique island properties – Medjumbe Private Island with 13 chalets and Matemo Island, currently with 24 villas – will both be rebranded to Anantara. Matemo Island is currently closed for an extensive renovation and the addition of more keys. All three properties will be rebranded by the end of 2014.

MHG's strategic partnership with Rani Investment LLC continues to explore opportunities in Mozambique's capital, Maputo, and in the vibrant East Africa market to further strengthen MHG's presence on the continent. These properties will be a mix of new-build and rebrand and will be flagged with MHG's international hotel brands, including the luxury Anantara brand, the upscale AVANI brand and the serviced apartment Oaks brand which is currently expanding into Asia and the Middle East.

Rani Investment is the investment arm of Aujan Group Holding with more than US$300 million of dedicated investments in the Middle East and Africa. Rani Investment is the largest private hospitality owner-operator in Mozambique, having first established its presence in 1999 under the Rani Resorts name.

Dillip Rajakarier, CEO of Minor Hotel Group, commented, "This latest investment in three hotels in Mozambique demonstrates Minor Hotel Group's commitment to the country's growing tourism sector and more widely to the overall African tourism market. We are actively exploring other opportunities to expand our footprint in Africa through the expansion of all our brands and are very excited about these latest additions to our portfolio in Mozambique."

Salim Bitar, CEO Rani Investment LLC, added, "The expansion of our relationship with the Minor Hotel Group is a further commitment we are making to Mozambique, and a statement that Rani will continue to play a leading role in the sustainable growth and development of the tourism and hospitality sector in the country."

Related Brands

Anantara

Anantara. The word in Sanskrit means "without end" and evokes the freedom, movement and harmony that are the spirit of the Anantara Experience. Each Anantara Resort draws its strength from the rich cultural traditions, historic heritage and natural beauty of its destination.
brand information

AVANI

AVANI Hotels & Resorts is the vibrant upscale brand offering relaxed comfort and contemporary style in city and hotel destinations, AVANI was launched in response to an increasingly influential group of discerning travellers who appreciate stylish design and excellent service, but also demand great value.
brand information
Other Brands by Minor
Anantara
AVANI
Oaks Hotels & Resorts
Per AQUUM
Tivoli

About Minor International

Minor International (MINT) is a global company focused on three core businesses: restaurants, hospitality and lifestyle brands distribution. MINT is one of Asia"s largest restaurant companies with over 2,000 outlets operating system-wide in 19 countries under The Pizza Company, Swensen"s, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, BreadTalk (Thailand) and Riverside brands. MINT is also a hotel owner, operator and investor with a portfolio of 155 hotels and serviced suites under the Anantara, AVANI, Oaks, PER AQUUM, Tivoli, Elewana Collection, JW Marriott, Four Seasons, St. Regis, Radisson Blu and Minor International brands in 24 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and South America. MINT is one of Thailand"s largest distributors of lifestyle brands focusing primarily on fashion, home and kitchenware and contract manufacturing. Its brands include Gap, Banana Republic, Brooks Brothers, Esprit, Bossini, Etam, Charles & Keith, Pedro, Radley, Anello, Zwilling J.A. Henckels, Joseph Joseph and ETL Learning. Bemynt is MINT"s e-commerce platform offering premium fashion and lifestyle products. For more information, please visit www.minorinternational.com. 

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