TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Banyan Tree Migrating Operations To ACCOR

Category: Hotels, Posted:02 Mar 2017 | 16:59 pm

I have been reading an interview with Banyan Tree Founder KP Ho by TTG Asia’s Raini Hamdi with interest.

Under the recent deal that has seen ACCOR purchase a stake in Banyan Tree of 5%, with the option of a further 5%, the role of operations will move to ACCOR with Banyan becoming more of a brand manager.

Meanwhile Banyan Tree have also  done a deal in China with Mainland real estate group China Vanke.

The goal of Banyan Tree China is to consolidate assets and clearly address mounting debt concerns of the group.

Looking at the deals externally, ACCOR who have been intent on getting into more distribution-led brands and the sharing economy is stepping backward into an operating model, whereas Banyan are moving into unknown territory.

To say the least, its complicated and much like the Marwood merger, the future no doubt holds many surprises.

 To read the interview CLICK 

Other News

Read more

Phuket Lifts Travel Restrictions For Bangkok Travelers

Category: Tourism, Posted:24 Jan 2021 | 20:35 pm Good news. Phuket province has eased travel restrictions for visitors from Bangkok and Samut Prakan to the island. The move effectively removes the 14-day quarantine period. A key catalyst in the policy change has reportedly been expected high levels of travel during the Chinese New Year period next month. Travelers are still required to use […]
Read more

Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
Read more

Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]