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Banyan Tree Expands Its Global Footprint In 2018 With 26 Hotel Signings

December 19, 2018 Hotel Developments No Comments Email Email

Banyan Tree Group, the leading international operator and developer of premium resorts, hotels, residences and spas, announces its continuing global expansion with the successful signing during 2018, of 26 hotel agreements for its four brands.   These are in addition to the current 48 hotels in operation at end 2018, and seven new hotels slated to open in 2019.

The projects comprise 5 Banyan Tree, 10 Angsana, 2 Cassia and 9 Dhawa hotels and resorts. They encompass 17 projects in Greater China and the rest in Oceania (Fiji and Palau), ASEAN (Cambodia, Indonesia and Vietnam), and Europe (Austria and Spain). These are expected to become operational over the next three years.

The 26 new hotel agreements also exclude projects under negotiation and introduced by its new partners, the French hotel group Accor and the Chinese property developer Vanke, which became minority investors of Banyan Tree Holdings as well as strategic partners, around a year ago.   Approximately a dozen projects initiated through the Vanke and Accor partnerships are in active negotiations.

Inspired by the romance of travel, Banyan Tree will continue to increase its global presence and foray into unique exotic destinations across the Europe, Asia-Pacific, Oceania and other regions. Rooted in its corporate ethos of “Embracing the Environment, Empowering People” since its inception in 1994, Banyan Tree’s sustainability approach emphasises on building in harmony with nature and contributing to the progressive growth and development of the community where each of its hotels is planted.

Mr Ho Kwon Ping, Executive Chairman of Banyan Tree, said: “Our strong momentum in business development and securing hotel management agreements on our own this year will accelerate Banyan Tree Group’s speed and scope of expansion to grow our brands around the world.  We are excited and committed to propel our brands rapidly to global reach and range while strengthening our ability to embrace change and innovation in the ever-evolving hospitality industry. With our Banyan Tree Group growing from strength to strength and celebrating the 25th Anniversary in 2019, we look forward to greater growth to come.”

List of Hotels | Total 26 hotels comprising 5 Banyan Tree, 10 Angsana, 2 Cassia and 9 Dhawa.

Global (excluding Greater China)

  1. Angsana Grossgmain Salzburg & Angsana Residences Grossgmain Salzburg, Austria
  2. Angsana Yasawa, Fiji
  3. Dhawa Tenerife in Canary Island, Spain
  4. Angsana Siem Reap, Cambodia
  5. Dhawa Ho Tram, Vietnam
  6. Angsana Ho Tram & Angsana Residences Ho Tram, Vietnam
  7. Angsana Quan Lan Island & Angsana Residences Quan Lan Island, Vietnam
  8. Banyan Tree Palau & Banyan Tree Residences Palau
  9. Banyan Tree Nipah Beach Lombok, Indonesia

Greater China

  1. Dhawa Anshun, Guizhou
  2. Dhawa Chengde, Hebei
  3. Cassia Wuning, Jiangxi
  4. Banyan Tree Baidaihe, Hebei
  5. Angsana Baidaihe, Hebei
  6. Cassia Baidaihe, Hebei
  7. Dhawa Baidaihe, Hebei
  8. Banyan Tree Weining Lake, Guizhou
  9. Angsana Weining Lake, Guizhou
  10. Dhawa Weining Lake, Guizhou
  11. Angsana Hot Spring Resort Longli, Guiyang
  12. Dhawa Weizhou Island Beihai, Guangxi
  13. Banyan Tree Quzhou, Zhejiang
  14. Angsana Quzhou, Zhejiang
  15. Dhawa Quzhou, Zhejiang
  16. Hengqin Wellness Resort, Zhuhai Managed by Angsana
  17. Dhawa Anping, Tainan

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