TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Banyan Targets China Residential Opportunities

Category: Real estate, Posted:28 Sep 2011 | 06:00 am

There is little doubt over the past year the Banyan Tree vis a vie their controlling interest in Thai listed Laguna Resorts and Hotels are looking abroad for greener pastures.
An orderly divestment of key assets namely the Laguna Beach Resort and Dusit Thani Laguna Phuket have been made, and publically the group has said they want to lower their financial exposure in a market ridden with political risk.
Key Banyan Tree executie K.P. Ho has been quoted by Dow Jones Newswires that the group is looking to build upscale houses in China's secondary destinations.
With seven resorts open and more than 20 in the pipeline the group is now keen to shift into property offering as well, with Ho naming Chengdu as a likely example.
Here in Phuket it is no secret that the developer has hit challenging times with a large surplus of completed units that remain unsold throughout the integrate resort.
So for now a shift to China and the soon to launch Laguna Hue in Vietnam increasingly will diversify and expand the groups ambitions

Other News

Read more

Phuket’s Koh Siray Adds A New Hotel

Category: Hotels, Posted:22 Jan 2022 | 15:45 pm Phuket’s east coast has a new hotel with the recent opening of the Sinae Hotel in Koh Siray. The resort offers a collection of 64  studio units, and lifestyle as well as private pool villas. A key feature of Sinae is its elevated hillside ocean views. Access to nearby Phuket Town is ten minutes from […]
Read more

The Aussies Are Coming

Category: Hotels|Tourism, Posted:22 Jan 2022 | 14:53 pm For Phuket hotel sales and marketing teams, the go-to-market has been Russia during the height of the winter snowbird season. With March fast approaching and Thailand’s approval of a revised Test & Go program from the beginning of February, hoteliers are looking at the vast void of the second quarter of the year. Certainly, domestic […]
Read more

Patong Hotel Conversion For Banyan Tree’s New HOMM Brand

Category: Hotels, Posted:12 Jan 2022 | 08:00 am The 71-room Bliss hotel in Patong, Phuket has been converted to Banyan Tree’s HOMM brand. Banyan Tree is looking to fast-track expansion with three new brands a key strategy of conversions of existing hotels. The HOMM Bliss Southbeach Patong is the debut for the lifestyle-focused HOMM. Expect more announcements shortly on new Banyan Tree brands […]
SiaJai logo

Thailand's Leading Homecare Marketplace