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Banyan Tree Raise USD214 Million China Fund

Category: Hotels, Posted:08 Feb 2011 | 06:00 am

Hospitality group Banyan Tree Holdings have raised USD214 million for a new private equity Banyan Tree China Hospitality Fund.
The Singapore group have publicly stated their intention to reduce what is considered to be over exposure to the Thai market via last year's sale of the Dusit Thani Laguna Phuket.
Previously a Vietnam vehicle for the integrated destination resort Laguna Hue project was funded via a Banyan Tree Indochina Hospitality Fund which raised a reported USD283 million.

Other News

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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 […]
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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 […]
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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 […]