Dillip Rajakarier appointed COO of Minor Hotel Group
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Dillip Rajakarier appointed COO of Minor Hotel Group
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Category: Worldwide - Careers -
Appointments
This is a press release selected by our editorial committee and published online for free on 2008-10-22
Minor Hotel Group (MHG), subsidiary of Minor International (MINT), one of Asia’s leading hotel owners and operators, has announced the promotion of Dillip Rajakarier to the position of Chief Operating Officer of the hospitality and leisure division. Mr Rajakarier has served as VP of Finance and then Chief Finance & Investment Officer over the last two years.
In his new role, Mr Rajakarier will draw on his hotel and financial expertise to take full leadership of the strategic direction, operations and business development of the hotel management division. This will include the continued international expansion of the company whilst solidifying existing brands and driving key strategies for the future.
Prior to joining Minor International, Dillip Rajakarier was the Deputy Chief Financial Officer for Orient-Express Hotels, Trains and Cruises, a NYSE traded corporation based in London. He was part of the core team overseeing all aspects of the M&A process and played a major role in the development of the company. Mr. Rajakarier was also responsible for the strategic planning, treasury, budgeting and implementation of internal controls and systems within the various business units, as well as providing commercial and financial support to the management team. In addition, he served as a key member of the due diligence team which led major acquisitions for the group including Hotel Ritz (Madrid), Grand Hotel Europe (St. Petersburg), Le Manoir aux Quat’ Saisons (UK), La Residencia (Mallorca), Maroma Resort & Spa (Mexico) and the Pansea Group of Hotels in Asia.
Welcoming Mr Rajakarier to his new role, Mr William E Heinecke, CEO of Minor International, said: “Dillip’s wealth of finance and investment experience is key in the next step to further develop the Minor Hotel Group. His previous role at Orient Express Hotels, Trains & Cruises means that he is well placed to lead a luxury brand such as ours. Dillip’s strategic vision and profound knowledge of the hotel industry will ensure the continued success of the company, now and in the years to come.”
Since joining Minor International, Rajakarier has been instrumental in the expansion of the hotel portfolio with the addition of Elewana Afrika luxury camps in Tanzania and the attainment of another island resort in the Maldives.
Dillip Rajakarier commented “It is a great honour to take on the role of COO of Minor Hotel Group, a company with solid financial strength and a proven track record of performance combined with its ability to drive growth, which is set to deliver a new level of service and guest experience excellence in the hotel industry. I also look forward to working with Bill Heinecke whose exceptional vision and passion for the industry has ensured that the company is at the forefront of the hospitality sector today.”
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