Minor Hotels Reports Steady Growth in Q2
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The Minor Hotels company 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 (about 938.62 million euros), while the gross operating result (Ebitda)…
Minor Hotels, a Thai hotel operator who owns the former NH, closed the first half of the year with a recurrent profit of 2.2 billion bats (about 57 million euros), 4% less, due to the impact of the investment on reforms in its own establishments and on exchange rates. Read
Backus raises its revenues to S/ 1,734 million in the 2Q26, but operating result retrocede Union of Peruvian Brewers Backus and Johnston recorded a significant improvement in its net profit during the first semester of 2026, despite the difficulties that it faced in its operation. Between January and June, the company reached a net profit of S/ 1,681 million, figure that exceeded S/ 311.7 million, equivalent to 22.8%, the... This article is orig…
Minor Hotels reports steady growth in Q2
Minor Hotels has reported steady growth in the second quarter of 2026, with core profit of $84.3 million, marking a 2% year-on-year increase, as continued strength in Europe & Americas helped offset disruption in the Middle East. The group also posted a 1% year-on-year increase in core revenue to $1.08 billion, while disciplined cost management helped lift EBITDA by 2% to $220 million. System-wide RevPAR remained steady year-on-year amid uneven …
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…
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