Minor Hotels Reports 2% Increase in Q2 Core Profits to THB 2.8bn, Driven by Europe and Americas Growth
📈 Minor Hotels saw a 2% increase in Q2 2026 core profits to THB 2.8bn (£63m) and a 1% rise in core revenue to THB 35.8bn (£802m). Group RevPAR remained stable, with a 1% increase in daily rates balancing a 1% occupancy drop to 68%. Core revenues grew 3% in H1 2026, but core profits declined 4% to THB 2.2bn (£49.3m). The company signed 29 hotel agreements and opened 11 hotels in H1, including debuts in the U.S. and Turkey.
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