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.
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.
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)
Angsana Grossgmain Salzburg & Angsana Residences Grossgmain Salzburg, Austria
Angsana Yasawa, Fiji
Dhawa Tenerife in Canary Island, Spain
Angsana Siem Reap, Cambodia
Dhawa Ho Tram, Vietnam
Angsana Ho Tram & Angsana Residences Ho Tram, Vietnam
Angsana Quan Lan Island & Angsana Residences Quan Lan Island, Vietnam
Banyan Tree Palau & Banyan Tree Residences Palau
Banyan Tree Nipah Beach Lombok, Indonesia
Dhawa Anshun, Guizhou
Dhawa Chengde, Hebei
Cassia Wuning, Jiangxi
Banyan Tree Baidaihe, Hebei
Angsana Baidaihe, Hebei
Cassia Baidaihe, Hebei
Dhawa Baidaihe, Hebei
Banyan Tree Weining Lake, Guizhou
Angsana Weining Lake, Guizhou
Dhawa Weining Lake, Guizhou
Angsana Hot Spring Resort Longli, Guiyang
Dhawa Weizhou Island Beihai, Guangxi
Banyan Tree Quzhou, Zhejiang
Angsana Quzhou, Zhejiang
Dhawa Quzhou, Zhejiang
Hengqin Wellness Resort, Zhuhai Managed by Angsana
Dhawa Anping, Tainan