Elevator Pitch
Thailand-listed Minor hospitality company International Public Company Limited (MNILY) (MNILF) (MINOF) [MINT:TB] is a long-term play on the growth of hospitality, leisure and tourism globally. In the near term, its Thailand hotels are still under pressure from the global economic slowdown and ongoing trade tensions, while its food businesses in Australia and Thailand face digital disruption threats.
A recovery in international tourist arrivals in July 2019 and government incentives to boost domestic tourism should help Minor International's Thailand hotel business, while the company's investments in digital capabilities