Banyan Tree China Hospitality Fund closes with capital commitments of RMB 1.07 billion (S$ 214m).
The Group opened its second resort in Mexico - Banyan Tree Cabo Marques, as well as Banyan Tree Al Wadi, a one-of-its kind luxury desert resort in Ras Al Khaimah, UAE.
The Group makes its first foray into the Americas with the opening of Banyan Tree Mayakoba in Mexico.
Launch of Banyan Tree Global Foundation.
Executive Chairman Ho KwonPing received CEO of the Year award at the Singapore Corporate Awards.
Banyan Tree Capital was formed to fund future developments.
On 14 June, Banyan Tree Holdings Limited made its debut on the Singapore Exchange.
The launch of Banyan Tree Residences, which allows investors to buy their own signature villa, townhouse or apartment in Banyan Tree resorts.
Banyan Tree Private Collection was launched to cater to the growing niche for destination club membership.
Marking the group’s long awaited foray into China is Banyan Tree Ringha, in Yunnan.
Banyan Tree established the Green Imperative Fund to formalise its corporate social responsibility efforts.
The Banyan Tree Spa Academy was set up to provide training for new therapists as well as research new treatment recipes and techniques.
The Angsana brand was launched with the openings of Angsana Bintan and Angsana Great Barrier Reef.
Banyan Tree Hotels and Resorts was set up to build and manage luxury boutique hotels and resorts, steeped in Asian traditions and sensitive to the environment. Banyan Tree Phuket, the flagship resort of the group, was launched in Laguna Phuket. The resort includes the first Banyan Tree Spa and Banyan Tree Gallery.
LRH listed its shares on the Stock Exchange of Thailand.
In-house architecture arm, Architrave Design and Planning was established in Thailand and Singapore.
After extensive rehabilitation of the site and opening of two hotel properties, LRH began marketing Laguna Phuket as a destination within Phuket.
Laguna Resorts and Hotels (LRH), a subsidiary of Banyan Tree Holdings Limited, acquired over 550 acres of land on the site of an abandoned tin mine at Bang Tao Bay, Phuket, Thailand.