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Banyan Group
Singaporean multinational hospitality brand From Wikipedia, the free encyclopedia
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Banyan Group Limited (formerly known as Banyan Tree Holdings) is a Singaporean multinational hospitality brand that was established in 1994. It manages and develops resorts, hotels and spas in Asia, Europe, North America, and Africa. The group comprises 12 global brands, including the flagship brand Banyan Tree. Currently, the Group operates more than 70 hotels and resorts, over 60 spas and galleries, and 14 branded residences in over 20 countries.[1]
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Banyan Tree started when founder Ho Kwon Ping and his wife Claire Chiang came across a plot of land while they were on holiday in Bang Tao Bay, on the western coast of Phuket in the Andaman Sea. They purchased the land and embarked on a regeneration programme, reintroducing indigenous plants. Ten years later, in 1994, the first resort, Banyan Tree Phuket, was built.[citation needed]
In 2009, Banyan Tree Global Foundation was created as part of Banyan Group Limited. In December 2016, Banyan Tree entered into a partnership with a French hospitality company, Accor.[2] As part of the deal, Accor would invest €16 million to Banyan Tree in exchange for a 5% stake in the company, with the option to purchase an additional 5% stake.[3]
On 26 November, Banyan Group and Mandai Wildlife Group officially opened Mandai Rainforest Resort by Banyan Tree—Banyan’s 100th property and its first in Singapore—situated within the Mandai Wildlife Reserve as the first resort located inside a major wildlife and nature destination in a capital city. [4]
Scheduled to open in early 2026, Ubuyu will be Banyan Group’s first safari resort, located in Tanzania’s Ruaha National Park. The eco-luxury retreat will feature six artisan-crafted villas inspired by Maasai architecture, overlooking the Great Ruaha River and blending into the surrounding savannah where wildlife roams freely.[5][6][7]
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Brands
As of July 2023[update], the company operates 70 resorts and hotels. Under its management are also 63 spas, 64 retail galleries, and three championship golf courses in 23 countries.[8] Banyan Tree currently markets its properties under ten brands, including Banyan Tree, Angsana, Laguna, Cassia, Dhawa, Garrya, Homm, Baynan Tree Escape, Banyan Tree Veya, and Folio.[9][10]
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