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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Staycations Drive Growth
Minor Hotels, the parent company of Anantara, is seeing significant growth in the UAE and India, largely driven by the popularity of staycations. The company's COO, Amir Golbarg, highlighted how local sourcing and resort-focused strategies have been pivotal in navigating recent global challenges.
## UAE Recovery and Expansion
In the UAE, Minor Hotels reports that its properties are performing above budget, with a strong recovery in revenue. The demand for staycations and resort-style accommodations has been a key factor, with notable interest from markets in the UK, Germany, and Northern Europe.
## Focus on India
India is emerging as a major growth market for Minor Hotels. The company's first Anantara property in Jaipur has exceeded expectations, benefiting from the country's thriving luxury wedding sector. Plans are underway to expand further with new projects in cities like Visakhapatnam and Kolkata.
## New Ventures in Sharjah
Minor Hotels is also expanding its portfolio in Sharjah, taking over the management of seven heritage and nature-focused properties. These include unique locations such as a mountainside retreat and a tented camp, each maintaining its distinct identity.
## Operational Adjustments
Despite rising operational costs, Minor Hotels has avoided layoffs by redeploying staff and implementing new systems to manage expenses. The company is also exploring renewable energy solutions for its properties, particularly for those like Anantara World Islands, which face sustainability challenges.
## Future Plans
Looking ahead, Minor Hotels aims to continue its expansion in India, with a target of 50 hotels within the next decade. The company is also planning significant growth in Saudi Arabia and Egypt, with a focus on sustainable and locally sourced developments.
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