By Breaking Travel News Minor Hotel Group has announced it has made a strategic acquisition of six hotels and over 1,600 keys in Portugal and Brazil. At the same time Minor has acquired the Tivoli Hotels & Resorts brand in Brazil. The milestone €168 million investment represents MHG’s entry into the hospitality sector in two new continents and establishes Portugal and Brazil as MHG’s two strategically-chosen countries for future expansion into Europe and South America.
Source: Breaking Travel News – News
Minor goes global with Tivoli Hotels acquisition
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