Minor Hotels to bring Avani brand to South Korea

Minor Hotels will bring its Avani brand to South Korea with the Avani Busan Hotel. A management agreement for the Avani Busan has been signed between the hotel developer, UL Group, and Minor Hotels, with the new-build, 400-guestrom property scheduled to open in 2019.
Currently under development, the Avani Busan will be located in the East Busan Tourism Complex Zoning. It will also include 136 branded residences.

“South Korea is an important feeder market for Minor Hotels and we also see a lot of opportunity as an inbound market, both for this new Avani and potentially for future Minor Hotels’ properties as well,” William E. Heinecke, founder, chairman and CEO of Minor International PCL said in a statement. 

A guestroom at the upcoming Avanu Busan.

Minor Hotels' six-year-old Avani brand currently has 17 properties in operation in Thailand, Sri Lanka, Vietnam, Malaysia, the Seychelles, Mozambique, Botswana, Lesotho, Namibia, Zambia and the UAE. 


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Minor Hotels has 156 hotels and resorts in 24 countries across Asia Pacific, the Middle East, Europe, South America, Africa and the Indian Ocean

Suggested Articles

This week has been about the economy and budget sector, the planet and whether the Reuben Brothers go clubbing a lot.

Hotels within a two-hour-drive radius of Greater Sydney reported double-digit declines in each of the three key performance metrics in December.

Hilton has taken its brand stable up to 18 with the launch of Tempo by Hilton, which it described as an “approachable lifestyle brand".