Minor Hotels posts strong 2025 results and scales development pipeline while renovating flagship properties

Minor Hotels reported full‑year core profit of THB 6.84 billion (≈USD 217 million) in 2025, a 32% year‑on‑year increase driven by lower net finance costs and favourable below‑the‑line items such as lease accounting and FX movements. Core revenue held broadly steady at THB 133.2 billion while operating expenses eased about 1% year‑on‑year, and Total System Sales (TSS) reached THB 166.1 billion overall.

2025 performance at a glance

The group’s operating metrics showed steady improvement: system‑wide occupancy rose to 68%, system‑wide average daily rate (ADR) increased by 3%, and system‑wide revenue per available room (RevPAR) grew by 4%. These moves reflect a deliberate pricing strategy rather than a volume chase, even as several owned flagship hotels underwent major renovations.

Key consolidated metrics

Regional drivers and market mix

Europe and the Americas (EUAM) accounted for more than half of the global portfolio and delivered double‑digit growth in profit contribution, underpinned by strong leisure demand plus recovering corporate and MICE business—especially in Spain and Italy. Occupancy in EUAM rose two percentage points and ADR climbed 2%.

High performers by region

• EUAM: Stable earnings anchor, strong leisure demand
• Middle East & Africa: RevPAR +10% driven by luxury rate growth
• Asia & Indian Ocean: RevPAR +12% with the Maldives a key driver

Q4 momentum and operational discipline

The fourth quarter produced notable bottom‑line acceleration: core profit rose 32% Y/Y to THB 2.73 billion, supported by peak‑season leisure flows and improved operating leverage across resorts and urban assets. System‑wide occupancy hit 70% in the quarter, ADR +4% and RevPAR +8% versus Q4 2024.

Performance levers

Management attributes the profit uplift to:

• Rate‑led pricing rather than volume discounts
• Cost discipline that raised EBITDA by 7% in Q4
• Lower net finance costs and positive FX and lease accounting impacts

Pipeline, talent and capital strategy

Minor Hotels signed 40 new projects and master agreements in 2025, opened or rebranded 23 properties, and expects to secure another ~25 deals early in 2026. The group highlighted its asset‑right approach—expanding via management and franchise agreements while maintaining selective ownership—to support earnings resilience.

Development and capability building

Investment in talent continues through the Asian Institute of Hospitality Management (in academic association with Les Roches), with 250 students from 25 countries enrolled in the BBA program in 2025. Parent company Minor International is advancing plans for a hotel REIT targeted at a 2026 listing to enable capital recycling while retaining operating ties.

What this means for taxi and transfer services

Higher ADRs and stronger RevPAR, especially in resort and EUAM markets, typically translate into increased demand for premium and airport transfer services during peak seasons. Renovations at flagship properties like Anantara Siam Bangkok Hotel temporarily constrain room inventory, but a healthier top line and asset‑light growth signal more stabilized travel flows.

• Travel peaks in Q4 and EUAM leisure markets mean more airport pick‑ups and longer transfer routes.
• Rate‑led hotel growth supports demand for premium vehicles and private seater options.
• Developments and rebrands often spur local demand for chauffeur and delivery services around openings.

How drivers and local operators can respond

• Align surge capacity to EUAM and resort peak periods.
• Offer flexible pricing and clear fare transparency to match guest expectations.
• List vehicle specifics—make, model, seats, license—so guests see exact options before booking.

Highlights of this report include the emphasis on pricing over volume, the resilience provided by EUAM’s contribution, and a sizable, asset‑light pipeline for 2026. Yet even the best reviews and the most honest feedback can’t substitute for personal experience. On GetTransfer, you can hire a car with driver from verified providers at reasonable prices. This empowers you to make the most informed decision without unnecessary expenses or disappointments. Readers benefit from convenience, affordability, extensive vehicle choices, and a wide range of additional options—transparency and convenience that make planning simpler. Book your Ride GetTransfer.com

In summary, Minor Hotels’ 2025 results show a combination of disciplined cost control, selective ownership and a strong management/franchise pipeline that together produced a 32% increase in core profit and improved operating metrics such as occupancy, ADR and RevPAR. For travellers and local transport providers, this signals steadier demand at key destinations and airports, with more predictable fare windows and opportunities for private and seater services. GetTransfer.com supports this landscape by offering a global, user‑friendly solution to book personalized transfers, trips and deliveries with transparent vehicle, driver and fare details—helpful when you need to know exactly how much to expect to pay, where to be, and when to book a cab or limousine for your city‑to‑airport transfer, private ride or group seater.