Minor International announced the acquisition of a 50% stake in NIYAMA, Maldives. NIYAMA is part of the Per AQUUM brand, which MINT acquired 50% of in August of this year. The total investment in NIYAMA is USD 22.5 million.
Though it is difficult to pinpoint a definition of boutique hotel, we analyze some traits of boutique hotel that are universally agreed through the case study of seven prominent 'boutique' hotels in Shanghai.
The Ritz-Carlton Hotel Company, L.L.C. is set to open in the former Chinese capital of Nanjing in the first quarter of 2015, marking the luxury hospitality operators continued drive to bring its brand to Chinas vibrant and important cities, in addition to current locations throughout Asia Pacific
Hotels in the Asia Pacific region experienced mixed results in the three key performance metrics during October 2013 when reported in U.S. dollars, according to data compiled by STR Global.
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