Banyan Group Marks 30th Anniversary with Global Expansion and Innovation
Banyan Group Celebrates 30 Years of Success and Growth
Banyan Group, officially known as Banyan Tree Holdings Limited, is proudly celebrating its thirtieth anniversary with impressive achievements and plans for the future. The independent global hospitality company, listed under SGX: B58, is on an exciting expansion trajectory as it prepares to welcome its one hundredth resort located in Singapore in 2025. In addition to this landmark resort, the group is aiming to unveil new properties in stunning destinations such as Tanzania and the Dominican Republic.
Reflecting on a Milestone Year
The year 2024 has been a remarkable period of growth for the Banyan Group. The company recorded a remarkable milestone of 18 new hotel and resort openings across various regions, with notable expansions in Japan, South Korea, and China. The opening of Banyan Tree Higashiyama Kyoto marked the brand's debut in Japan, fulfilling the market's demand for luxurious and unique accommodations that embrace local culture.
Banyan Group has also unveiled six new branded residences, marking the launch of its first-ever Garrya Residences and other prestigious projects integrated within nature, such as those in the Laguna Lakelands. Furthermore, agreements were signed for additional residences in Madrid and Dubai, expanding their footprint in Europe and the Middle East.
Expansion Plans for 2025
As the group looks toward 2025, the momentum continues with an ambitious plan to inaugurate 15 new hotels and resorts and introduce five new branded residence developments. This expansion includes the highly anticipated Mandai Rainforest Resort, Banyan Group's inaugural property in Singapore, which seamlessly intertwines with the natural beauty of the Mandai Wildlife Reserve. The resort, featuring 338 rooms, is thoughtfully designed to bring guests an immersive nature experience.
The group is also poised to make its mark in the safari industry with the upcoming Ubuyu, a Banyan Tree Escape in Tanzania, situated along the stunning banks of the Great Ruaha River. This unique property will offer guests an intimate connection with the local community and the untouched wilderness.
Additionally, the group is set to establish a vibrant urban boutique experience in Bangkok that consolidates accommodation, dining, wellness, and entertainment, creating a multifaceted hub for travelers.
Commitment to Sustainability
In alignment with its founding ethos of 'Embracing the Environment, Empowering People,' Banyan Group is as committed as ever to sustainable practices. The group announced the launch of several eco-friendly initiatives, including the Coral Reef Restoration Project on Hainan Island and various rewilding efforts supported by the newly established Rewilding Banyan Fund. These initiatives are aimed at restoring natural habitats, including bee-friendly forests on Bintan Island in Indonesia, enhancing their commitment to environmental stewardship.
The company's 8 Pillars of Wellbeing program will be woven into the guest experience through various wellness retreats and partnerships designed to foster community among wellbeing enthusiasts. The future will continue to see Banyan Group leading the way in responsible hospitality while enhancing guest experiences through innovative offerings.
Acknowledging Achievements
As the group commemorates this important milestone, it has received numerous accolades and awards in 2024, recognizing their commitment to excellence in the hospitality sector. The celebrations of the 30th anniversary included launching an experiential members program and a special edition anniversary book.
With a robust portfolio that now includes 91 hotels and resorts, over 140 spas, and more than 20 branded residences in 20 countries, Banyan Group is evolving continuously, ensuring a promising future rich with transformation and expansion. The group's vision for sustainability and excellence positions it as a prominent leader in the global hospitality industry.
Stay tuned for their innovative projects and sustainable initiatives as Banyan Group aims to redefine luxury travel in the years to come.