14 hotels to be sold into fund, Hong Kong listing of restaurant unit also consideredAnantara Koh Yao Yai Villas in Phangnga in southern Thailand is one of more than 600 properties operated worldwide by the Bangkok-based Minor International. Minor International Plc, Thailand’s largest hotel and restaurant chain operator, plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment. The company is also exploring a Hong Kong listing for its restaurant unit, Minor Food Plc, Mr Rajakarier said, confirming a Bloomberg News report last week. Minor, whose hotels in Thailand were featured in the hit series The White Lotus, has been cutting debt to ease investor concerns after its 2018 acquisition of the European chain NH Hotel Group significantly increased liabilities. Shares of Minor (MINT) are up 7% this year, trailing the benchmark SET Index, which has advanced 17%.
Source: Bangkok Post February 20, 2026 17:47 UTC