Avani announces launch of third property in Dubai

by Patrick Ryan | 27 Mar 2018

The group has announced the signing of Avani Hotel Suites & Branded Residences currently being developed in Dubai by Alfahim

Avani Muscat Hotel scheduled for mid-2020

by Patrick Ryan | 20 Dec 2017

Minor Hotels has signed a management agreement with Safari International Group for a new Avani hotel to be developed in Muscat, Oman. The 250-key Avani Muscat Hotel is scheduled to open in mid-2020. Dillip Rajakarier, CEO Minor Hotels, said: “Bringing Avani to Oman is a key component of our strategic expansion plans and we are delighted to

Ground broken on Al Marjan Island project

by Patrick Ryan | 23 May 2017

Crowngate International, the global real estate developer, has officially broken ground on the Avani Resort at Al Marjan Island in Ras Al Khaimah.   The ceremony for the 225-key property was attended by Abdullah Rashed Al Abdooli, managing director of Al Marjan Island LLC, and Haitham Mattar, CEO of Ras Al Khaimah Tourism Development Authority.

New Avani property for Ras Al Khaimah

by Patrick Ryan | 27 Mar 2017

A new Avani property is coming to Ras Al Khaimah, Minor Hotel Group has announced. Avani Al Marjan Island Ras Al Khaimah Resort will be a 225-key property located on View Island. Minor Hotels Europe, Middle East and Africa vice president development Ramzy Fenianos said:”We are delighted to announce the signing of this management agreement with

Nakheel awards contract for second hotel at Ibn Battuta Mall

by Patrick Ryan | 21 Mar 2017

Developer Nakheel has awarded a construction contract worth AED184.5 million for a second hotel at Ibn Battuta Mall to Parkway International Contracting. The 375-room hotel has a total project value of AED240 million and forms part of Nakheel’s AED3 billion hospitality expansion under which the developer is bringing 16 new hotels and serviced apartment complexes – with

Minor Hotels reports profit increase of 73% in first half of 2016

by Sophia Soltani | 22 Aug 2016

Hotel owner, operator and investor, Minor Hotels has reported a net profit increase of 73% in H1, 2016. The hotel group, currently boasts a portfolio of 151 hotels and resorts in 22 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean. Excluding the non-recurring revaluation contributions of the acquisition

Minor Hotels to take over Mövenpick Hotel Deira

by Sophia Soltani | 14 Jun 2016

Minor Hotels has announced that it will be taking over the operation of the 216-room Mövenpick Hotel Deira in Dubai. The property will operate under the group’s AVANI Hotels and Resorts brand as the AVANI Deira Dubai Hotel.   The purchase marks the first AVANI hotel in the Middle East. The change comes after the

Nakheel signs deal with Minor Hotel Group to manage new AVANI hotel

by Sophia Soltani | 25 Feb 2016

Dubai based property developer Nakheel have signed a management agreement with Minor Hotel Group to manage a new 372 room hotel at Ibn Battuta Mall that will operate under the AVANI Hotels and Resorts brand. The Letter of Intent was signed in Bangkok by Nakheel chairman Ali Rashid Lootah and William Heinecke, founder, chairman and

Minor Hotel Group reports 38% YoY increase in profits

by Sophia Soltani | 21 Feb 2016

Minor Hotel Group has released figures detailing its net profit growth for 2015, reporting a 38% YoY increase. The group has attributed the majority of the growth to the improved performance of Oaks Hotels and Resorts, claiming an increase in real estate income and revaluation gains of Baht 670 million from business acquisitions relating to

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