22-22 Jun 2024
Worldwide,
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22-24 Jun 2024
Las Vegas Convention Center,
Las Vegas,
United States
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22-24 Jun 2024
Las Vegas Convention Center,
Las Vegas,
United States
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23-25 Jun 2024
The Old Thorns Hotel & Resort,
Liphook,
United Kingdom
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08-10 Jul 2024
The Global Ambassador ,
Phoenix,
United States
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17-17 Jul 2024
Pennyhill Park ,
Bagshot,
United Kingdom
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28-29 Jul 2024
Southern Sun Rosebank,
Johannesburg,
South Africa
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03-05 Sep 2024
IMPACT Exhibition Center,
Bangkok,
Thailand
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Minor International acquires 50 per cent stake in Niyama Maldives
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By Tom Anstey 05 Dec 2013 |
Minor International (MINT) has acquired a 50 per cent stake in Per Aquum’s Niyama resort
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Minor International (MINT) has announced the US$22.5m, (£13.7m, €16.5m) acquisition of a 50 per cent stake in Per Aquum’s Niyama resort in the Maldives.
Minor Hotel Group (MHG), a part of MINT, made an investment of US$4m (€3m, £2.6m) in Per Aquum in July, with plans to develop at least five additional properties over the next five years.
The 86 bedroom Niyama resort – which features a Lime-branded spa with eight treatment rooms – is home to Subsix, the world’s first underwater music club.
MINT has a number of resorts in its Maldivian portfolio, operating six luxury hotels under the Anantara, Naladhu and Per Aquum brands. In addition, MINT also operates seven restaurant brands across the Maldives through its catering arm.
William E Heinecke, chair and CEO for MINT, said: “This is now our eighth year in the Maldives and I feel as confident as ever in the potential of this country. This additional investment in Niyama sees MINT strengthen its owned portfolio in the Maldives, demonstrating our commitment to the market.”
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News |
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13 Jun 2024
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10 Jun 2024
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06 Jun 2024
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04 Jun 2024
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30 May 2024
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Iyashi Dome |
Iyashi Dome offers three (with Oteire) infratherapy treatment devices – the Iyashi Dôme and the
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