Banyan Tree Holdings

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Banyan Tree Holdings Limited
Banyan Tree Holdings
Company typeSubsidiary
SGX: B58
IndustryHotels
Founded1994 (1994)
FounderHo Kwon Ping, Claire Chiang, Ho Kwon Cjan
Headquarters
Singapore
BrandsBanyan Tree Hotel & Resorts, Angsana Hotels & Resorts, Laguna, Cassia, Dhawa, Folio, Garrya, Homm, Banyan Tree Escape, Banyan Tree Veya
Number of employees
12,000+
Websitegroupbanyan.com

Banyan Tree Holdings Limited (also known as Banyan Tree Group) is a

hotels and spas in Asia, America, Africa and the Middle East established in 1994.[1]

History

Phuket, Thailand

Banyan Tree started when founder

Phuket in the Andaman Sea. They purchased the land and embarked on a regeneration programme, reintroducing indigenous plants. Ten years later in 1994, the first resort Banyan Tree Phuket was built.[citation needed
]

In 2009, Banyan Tree Global Foundation was created as part of Banyan Tree Holdings Limited. In December 2016, Banyan Tree entered into a partnership with a French hospitality company Accor. As part of the deal, Accor would invest €16 million to Banyan Tree in exchange for a 5% stake in the company, with an option to purchase an additional 5% stake.[2]

In May 2019, Banyan Tree announced its first resort in Singapore on a 4.6 hectares (11 acres) site in Mandai.[3]

Brands

As of July 2023, the company operates 70 resorts and hotels. Under its management are also 63 spas, 64 retail galleries, and three championship golf courses in 23 countries.[4] Banyan Tree currently markets its properties under ten brands, including Banyan Tree, Angsana, Laguna, Cassia, Dhawa, Garrya, Homm, Baynan Tree Escape, Banyan Tree Veya, and Folio.[5][6]

See also

References

  1. ^ "Banyan Tree Group Unveils New HOMM Brand with First Location in Phuket, Thailand" (PDF). Banyan Tree Group. 10 January 2022. Retrieved 15 March 2022.
  2. ^ Banyan Tree and AccorHotels announce strategic partnership Accor, 7 December 2016
  3. ^ Banyan Tree's Ho Kwon Ping Singapore Tatler, 17 May 2019
  4. ^ ttgasia.com
  5. ^ "Hotels & Resorts - Banyan Tree". www.banyantree.com. Retrieved 15 March 2022.
  6. ^ "The curious case of Banyan Tree Hotels & Resorts and its relentless growth". The Peak. Retrieved 28 July 2023.

External links

Media related to Banyan Tree Holdings at Wikimedia Commons

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