Minor Hotels Raises 2% Its Net Profit in the Second Trimester, up to 73.41 Million Euros
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Minor Hotels closed the second quarter of 2026 with a recurrent profit of 2.8 billion Thai bats, about 73 million euros, 2% more year-on-year, supported mainly in the evolution of Europe and the Americas and in the control of costs. The group also maintained its pace of expansion, with 20 new management contracts signed during the quarter, raising to 29 the agreements reached since January. The recurrent revenues of the group increased by 1% yea…
Minor Hotels closed the second quarter of 2026 with a net profit of 2.8 billion Thai bahts (approximately 73.4 million euros), representing an increase of 2% over the same period of the previous year, according to the company in its financial balance sheet. The hotel group recorded an increase of 1% in its quarterly recurrent revenues, to reach 35.8 billion bahts (approximately 938.62 million euros), while the gross operating result (Ebitda) inc…
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