Banyan Tree Group on Track to Double its Global Portfolio as Part of Five-Year Expansion Plan

Angsana, a vibrant lifestyle brand centred on authentic experiences for family and friends, will add three resorts in Vietnam – in Ho Tram and Quan Lan – both anticipated to open in 2023, followed by the recently signed resort in Mui Dinh.

China is another area of focus, with Angsana Chengdu welcoming its first guests in February 2023, and properties in Quzhou, Suzhou, Zhoushan and Foshan set to open by 2025. Angsana resorts in Siem Reap, Cambodia and Anping, Taiwan are also in the development pipeline to 2025.

In Europe, Angsana will make Spain debut in 2026 with the arrival of Angsana Real de la Quinta Benahavis-Marbella located in an exclusive residential community and offering a combination of hotel and residential long-term rentals and ownership.

The extended-stay brand Cassia first brought its laid-back aesthetic and community vibes to Phuket, Thailand and Bintan, Indonesia, and as of 2022, has four more long-stay Cassia properties in the pipeline: in the tourist hub of Sokcho and Saekdal beach in South Korea; two in Bangkok, Thailand; and one in Hokkaido, Japan where outdoor-minded travellers can look forward to Niseko’s first-ever ski resort combining the very best of European and Japanese ski cultures.

Dhawa, just made a fresh debut in the Maldives with a conversion of a popular Angsana resort to Dhawa Ihuru, followed by Dhawa Xi’An Chanba’s & Dhawa Jinan Daming Lake arrival in China in early 2023. Next, the brand is gearing up to grow its Asia footprint with the opening of Dhawa Ho Tram in Vietnam, as well as Beihai Weizhou Island hotels in China.

With its newly launched brand Homm offering the comforts of home in far-flung destinations, the Group has announced the opening of Homm Saranam Baturiti in Bali in April 2023 and Homm Tu Le in Vietnam’s Yen Bai Province in 2024.

Inspired by Asian sensibilities and natural elements, Garrya launched last year with hotel openings in China, Japan and Thailand. Keeping the aggressive expansion pace up, the fast-growing brand is now set to open in Indonesia with a newly built property in Yogyakarta; four resorts in Vietnam, including Mu Cang Chai, Da Nang, Hoi An and Hoa Binh; and two in China – Xianju and Yangcheng Lake, all by 2025.

Latest news

Related news