Banyan Tree Group Announces 26 Hotel Signings to Open by End of 2022
Tuesday, January 22, 2019
Renowned international premium resorts, hotel, residences, and spas operator and developer, Banyan Tree Group will have a variety of new properties join the ranks of their 48 existing hotels in operation following the signing of 26 successful hotel agreements across its four brands in 2018. Seven new locations have an anticipated opening throughout 2019.
These new properties will consist of 10 Angsana, 9 Dhawa, 5 Banyan Tree, and 2 Cassia hotels and resorts. These projects will be located across Greater China, Fiji, Palau, Cambodia, Indonesia, Vietnam, Austria, and Spain with expectant completion dates sprinkled throughout the next three years. This new agreement excludes the around 12 existing projects and negotiations that have beens started by Banyan Tree’s new minority investors and strategic partners, Accor and Vanke.
Banyan Tree focuses on increasing its presence in distinct Asia-Pacific, Oceania, Greater China, and European vacation destinations and continue the objective of providing sustainable growth and development to the communities around their properties as well as embracing the nature that surrounds their hotels.
Banyan Tree’s Executive Chairman Mr. Ho Kwon Ping stated:
“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.”
The 26 new hotels under the Banyan Tree Group brand include:
- 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
- Dhawa Anping, Tainan
- Hengqin Wellness Resort, Zhuhai Managed by Angsana
- 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
To learn more about Banyan Tree Group and the progress surrounding these signings, please visit their official website.