THAILAND-based Minor Hotel Group (MHG) has acquired two Life Resorts in Vietnam for US$16 million, strengthening its position in the country’s hospitality sector.
The 96-key Life Heritage Resort Hoi An will become Anantara Hoi An Resort, while the 63-key Life Wellness Resort Quy Nhon will be rebranded as Avani Quy Nhon Resort & Spa later this year.
William E Heinecke, chairman and CEO of Minor International, said: “Vietnam is a fascinating country with a rich culture and diverse landscape, and has seen exceptional growth and economic development in recent years.
“These two properties are a great fit for Minor’s hotel portfolio and we are convinced of their continued success and of the country’s bright prospects in the coming years.”
MHG first entered into Vietnam in 1998 through a joint venture in Harbour View Hotel, Hai Phong, followed by the launch of Anantara Mui Ne Resort & Spa in 2011. The group currently has 85 properties in operation across 12 countries.
