MINT and Kempinski form partnership for resort development

Minor International (MINT) has today announced the formation of a joint venture with Kempinski Hotels & Resorts (Kempinski) for strategic development opportunities in Europe and Asia.

With extensive knowledge and experience in the Asian property market and its Anantara hotel and resort brand, MINT is well positioned to seek development opportunities on behalf Kempinski group and offer technical service skills that match Kempinski in the strategy of economic growth. In turn, Kempinski, which has a choice of existing properties and a strong depth of experience in the Mediterranean basin, will support the development at the Anantara brand in key locations in the Mediterranean.

William Heinecke, Director General of the International minor comments "This is really the time left for Anantara resorts, as a brand is very focused on the key emerging markets that allow our guests to feed his passion for exploration and experience. Partnerships with Kempinski, one of the most famous in Europe and premium Thailand property hotel brands, allowing us to expand co-operation and development opportunities between our two hotel groups. "

The agreement sets the stage for Anantara and Kempinski to move rapidly with local knowledge in ever increasingly intense markets. Kempinski's Chairman Michael Selby added, "Kempinski is pleased and excited about the joint venture with Anantara Resorts. Anantara has been growing at an impressive Thailand property rate within the South East Asia region and has developed a reputation for quality in service as well as unique and attractive hotel properties. Kempinski is a major operator of Five Star Hotels throughout the world and we believe that the joint venture agreement will allow the pooling of the resources within both groups to provide a range of exceptional guest stay experiences."