Minor Hotels Europe & Americas signs deal to manage 116-room NH hotel under development in Asunción

• Minor Hotels Europe & Americas signed a management contract with Grupo Petra for a 116-room NH Hotels & Resorts property in Asunción.
• Construction is slated to start in Q1 2027. Opening is targeted for late 2029.
• Parties also set a framework to pursue additional Paraguay developments under the NH, NH Collection, and Tivoli brands.
• Petra Imperiale mixed-use project in Asunción remains underway, with an NH Collection hotel scheduled to open in early 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minor Hotels Europe & Americas SA published the original content used to generate this news brief on September 23, 2026, and is solely responsible for the information contained therein.