Minor Hotel Group, which owns and operates a portfolio of 135 hotels and resorts across Asia Pacific, Europe, South America and EMEA, has outlined details of its joint venture with Malaysian partner, Themed Attractions Resorts & Hotels, to develop an Anantara resort in Desaru Coast in southeast Malaysia.
MHG‘s shareholding of the 242 million MYR (USD 58 million) project is 60 percent, with TAR&H holding the rest.
The property, scheduled to open in 2018, will be located in the new beachfront development in Desaru Coast and will have 123 rooms. Facilities in the resort will include restaurants and bars, two swimming pools, a lounge and observation bar, kids and teens clubs, meeting rooms, a gym and an Anantara Spa. Watersports will also be available.
Desaru Coast is a resort area located at Malaysia’s southeastern tip in Johor Bahru.
William E. Heinecke, chairman and CEO of Minor International, commented, “Following our initial announcement earlier in the year of this collaboration with our Malaysian partners, we are excited to now move to the next stage of this project to bring our luxury Anantara brand to Desaru Coast. We believe Malaysia has a vast potential for growth in the tourism sector and we look forward to working with TAR&H for many years to come.”
Dillip Rajakarier, Group COO of Minor International and CEO of Minor Hotel Group, added, “The development of Anantara Desaru Resort & Villas, in partnership with TAR&H, represents MHG’s first investment in Malaysia and we are confident that the new property will showcase the best that Anantara and Malaysia have to offer.”
Tunku Dato’ Ahmad Burhanuddin, Group Managing Director of Themed Attractions Resorts & Hotels, added, “Desaru Coast has been conceptualised as the gateway to this premier luxury destination, with impressively expansive property such as Anantara Desaru Resort & Villas planned with picturesque architecture overlooking the South China Sea. This collaboration is set to catapult Malaysia into the global tourism market while ambitiously honing its position within the luxury segment.”