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2 clusters · 4 sources · 14 days · First seen · Last updated

Minor Hotels and Grupo Petra hospitality expansion in PAR

Overview

Minor Hotels and Grupo Petra have entered into a strategic alliance to expand the hospitality sector in Paraguay, specifically targeting the luxury, upper-upscale, and upscale segments through brands such as NH, NH Collection, and Tivoli.

Initial reports highlighted a plan to construct a 116-room, four-star NH hotel in Asunción, with construction slated for early 2027 and an expected opening in late 2029. The partnership also considers expansion into Ciudad del Este and Encarnación to leverage commercial and tourism growth.

Subsequent updates clarified the collaborative structure, noting that Grupo Petra will identify and structure hospitality opportunities for evaluation by Minor Hotels for potential management contracts. A primary milestone identified is the Petra Imperiale project in Asunción, a mixed-use development featuring an NH Collection hotel, which is scheduled to open in early 2030.

Entities

Minor Hotels · Asunción · Grupo Petra · Senatur · Los Lagos Resort Hotel

Timeline

  1. [BUSINESS] 2 sources
    Minor Hotels and Grupo Petra partner for hotel expansion in Paraguay

    Minor Hotels and Grupo Petra have partnered to develop upscale and luxury hotels in Paraguay, targeting Asunción, Ciudad del Este, and Encarnación.

  2. [BUSINESS] 2 sources
    Minor Hotels and Grupo Petra partner to expand Paraguayan hospitality

    Minor Hotels and Grupo Petra have partnered to expand Paraguay's hotel sector, including a new NH hotel in Asunción, while Los Lagos Resort Hotel in Capiatá received a four-star certification.

Sources

agenttravel.es · imea.com.mx · panrotas.com.br · revistaplus.com.py