Hotel and resort operator Minor International has completed an AU$61m (US$62m, 43m euro, £38m) takeover of Australia-based Oaks Hotels & Resorts.

The deal includes all of Oaks Hotels & Resorts’ 38 hotels and is Minor's first foray into the Pacific region.

It also doubles the company's hotel interests to 71 properties across Asia, the Indian Ocean, the Middle East and Australasia. The group currently has a portfolio of 33 hotels operating in eight countries under the Anantara, Marriott, Four Seasons, St. Regis and Elewana brands.

Dillip Rajakarier, COO of Minor, said: "We are entering the dynamic markets of Australia and New Zealand with Oaks we are doing so with a hotel brand which has a strong track record in business delivery through marketing and distribution strategies, as well as a key focus on customer service.