Banyan Tree’s Q2, 1H profits rise
Mainboard-listed Banyan Tree said today that its second quarter and half year profits both rose.
In a filing with the Singapore Exchange, the manager and developer of premium resorts and hotels said the half year profit after tax rose 31 percent to 31.2 million dollars
For the second quarter, profit after [...]
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Banyan Tree looks to double staff to over 20,000 as it goes global
SINGAPORE: Singapore-listed Banyan Tree Holdings is looking to more than double its staff and go global.
The resorts developer’s executive chairman, speaking on the sidelines of a news briefing, said it may be leveraging on bargains in the UK and US and that [...]
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Banyan Tree interested in buying distressed assets
Banyan Tree chairman Ho Kwon Ping says the luxury resort operator might consider purchasing distressed assets in the US and Britain as part of an aggressive expansion plan.
The company operates 65 spas and 23 resorts in markets such as Indonesia and China and plans to open 50 properties globally [...]
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