Resorts Developers

Banyan Tree signs contract for Angsana Resort & Spa in the Carribean

Mainboard-listed Banyan Tree Holdings has signed a management contract for an Angsana Resort & Spa in the island of Saint Lucia in the Caribbean. Banyan Tree said the Angsana Resort & Spa Saint Lucia is the group's fourth foray into the Caribbean. Angsana Saint Lucia is an integrated resort project that will comprise a full scale resort with related facilities and amenities including a marina and...

Banyan Tree reports 38% increase in Q1 earnings to S$15.4m

Mainboard listed Banyan Tree Holdings on Thursday announced it has booked a 38 per cent increase in first quarter earnings. Its net income for the three months ended March 31 came in at S$15.4 million, largely driven by growth in its hotel investment and hotel residence/property sales segments. Its revenue rose by 34 per cent to S$140.3 million. Banyan Tree said it is cautiously optimistic for the next...

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