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"Minor International named as ‘Best Developer - Leisure/Hotel' overall in Thailand by Euromoney Magazine"

BackSep 19, 2014

Leading international finance magazine Euromoney has today named Minor International as winner of the 10th annual Real Estate Survey as 'Best Developer – Leisure/Hotel' overall in Thailand, 2014.

Euromoney magazine's tenth annual Real Estate Survey canvassed the opinions of real estate advisors, developers, investment managers, corporate end-users and banks in over 60 countries and regions worldwide. Respondents ranked which firms they thought were the best providers of real estate products and services in their market over the past 12 months. The survey was conducted from March 18th until May 29th 2014 and received 2343 valid responses representing a 14% overall increase on the 2013 survey as the largest ever Euromoney Real Estate Poll.

In recognising Minor International for the award Euromoney Editor Clive Horwood said, "The winners of this year's Euromoney survey are those that exhibited the ability to innovate and make best use of the inherent strengths of their organisation. In Asia, in particular, there are great opportunities for those companies best equipped to operate in challenging and highly competitive markets. Through the Euromoney real estate survey, the market has recognised Minor International as the leader in this key field." Respondents praised Minor International for its leading role in promoting transparent communication to investors, citing that "the company has a clear strategy and good visibility".

Tim Moxon, Publisher of Group Research and Awards at Euromoney said: "Euromoney would like to congratulate Minor International on being recognised as Best Overall Developer of Leisure/Hotel real estate in Thailand. This award reinforces the high regard the industry continues to hold for Minor International and its leading position in its key market."

Dillip Rajakarier, Chief Operating Officer of Minor International and Chief Executive Officer of the Minor Hotel Group commented "We are honoured to receive this award. It is another token that reflects our determination to always strive to deliver best quality products and services for our customers, while focusing on shareholders' return. I would also like to take this opportunity to thank our employees, whose dedications have made this award possible for Minor International."

Subscribers to Euromoney can access all of the rankings online at www.euromoney.com.

Notes to Editors:
Euromoney Magazine is the flagship title of London based financial communications company Euromoney Institutional Investor PLC.  Founded in 1969 by Sir Patrick Sergeant, Euromoney Magazine is the voice of the international capital markets and for 45 years has offered unparalleled coverage of the global bond, equity and foreign exchange markets Euromoney Institutional Investor PLC is a constituent of the FTSE-250 index and is listed on the London and Luxembourg Stock Exchanges.