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Banyan Tree Holdings

Banyan Tree Holdings Limited (also known as Banyan Tree Group) is a Singaporean multinational hospitality brand that manages and develops resorts, hotels and spas in Asia, America, Africa and the Middle East established in 1994.[1]

Banyan Tree Holdings Limited
Banyan Tree Holdings
Company typeSubsidiary
SGX: B58
IndustryHotels
Founded1994 (1994)
FounderHo Kwon Ping, Claire Chiang, Ho Kwon Cjan
Headquarters
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

History edit

 
The first Banyan Tree location in Phuket, Thailand

Banyan Tree started when founder Ho Kwon Ping and his wife Claire Chiang came across a plot of land while they were on holiday in Bang Tao Bay, on the western coast of 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 edit

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 edit

References edit

  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 edit

  Media related to Banyan Tree Holdings at Wikimedia Commons

  • Official website

banyan, tree, holdings, major, contributor, this, article, appears, have, close, connection, with, subject, require, cleanup, comply, with, wikipedia, content, policies, particularly, neutral, point, view, please, discuss, further, talk, page, december, 2023, . A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page December 2023 Learn how and when to remove this template message Banyan Tree Holdings Limited also known as Banyan Tree Group is a Singaporean multinational hospitality brand that manages and develops resorts hotels and spas in Asia America Africa and the Middle East established in 1994 1 Banyan Tree Holdings LimitedTrade nameBanyan Tree HoldingsCompany typeSubsidiaryTraded asSGX B58IndustryHotelsFounded1994 1994 FounderHo Kwon Ping Claire Chiang Ho Kwon CjanHeadquartersSingaporeBrandsBanyan Tree Hotel amp Resorts Angsana Hotels amp Resorts Laguna Cassia Dhawa Folio Garrya Homm Banyan Tree Escape Banyan Tree VeyaNumber of employees12 000 Websitegroupbanyan com Contents 1 History 2 Brands 3 See also 4 References 5 External linksHistory edit nbsp The first Banyan Tree location in Phuket Thailand Banyan Tree started when founder Ho Kwon Ping and his wife Claire Chiang came across a plot of land while they were on holiday in Bang Tao Bay on the western coast of 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 editAs of July 2023 update 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 editBanyan Banyan Tree AlUlaReferences edit Banyan Tree Group Unveils New HOMM Brand with First Location in Phuket Thailand PDF Banyan Tree Group 10 January 2022 Retrieved 15 March 2022 Banyan Tree and AccorHotels announce strategic partnership Accor 7 December 2016 Banyan Tree s Ho Kwon Ping Singapore Tatler 17 May 2019 ttgasia com Hotels amp Resorts Banyan Tree www banyantree com Retrieved 15 March 2022 The curious case of Banyan Tree Hotels amp Resorts and its relentless growth The Peak Retrieved 28 July 2023 External links edit nbsp Media related to Banyan Tree Holdings at Wikimedia Commons Official website Retrieved from https en wikipedia org w index php title Banyan Tree Holdings amp oldid 1219440937, wikipedia, wiki, book, books, library,

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