Banyan Tree Holdings announced that its operating profit in3Q2022 rose 76% y-o-y while hotel revenue per available room (RevPAR) rose 36% y-o-y. Property sales for the first nine months of this year exceeded the pre-Covid period, the announcement says.Hotels in Thailand and Maldives which the compan...

China’s holidaymakers are still missing but the luxury resort operator has already opened new properties elsewhere to make up the numbersOnly recently did the term “revenge travel” enter the contemporary lexicon. Almost two years after international borders were closed, pentup demand from holi...

The world is entering a period of profound global fragility and pessimism, brought on by a culmination of insecurity across geopolitics, energy, food, society and climate change, says Senior Minister Tharman Shanmugaratnam, who is also coordinating minister for social policies.These are not due to t...

BANYAN Tree Holdings’ Ho Kwon Ping will step down from his position as founding chairman of the Singapore Management University’s (SMU) board of trustees on Jan 11, 2023, after 25 years of service.

Resorts operator Banyan Tree Holdings has reported earnings of $514,000 for 1HFY2022 ended June, reversing from a loss of $42.6 million in the year-earlier period.The company reported a revenue of $118.6 million, up 110% y-o-y, as business improved with the pandemic easing and holiday makers back.Th...

RESORTS operator Banyan Tree Group on Tuesday (Aug 9) posted a S$514,000 net profit for H1 ended June, reversing the year-ago S$42.6 million loss, as the rising tide of travel lifted all its business segments.

Arnoud De Meyer, an independent director of resorts operator Banyan Tree Holdings, has acquired more shares on the open market. De Meyer, an academic focusing on areas such as R&D and innovation management, manufacturing strategy and international management, acquired 100,000 shares at 29 cents ...

THE following companies saw new developments that may affect trading of their securities on Friday (Mar 18):

BANYAN Tree Group B58 has appointed president Eddy See as its new chief executive as part of the company's "leadership development and succession planning".

WHILE the pandemic and possible disruptions from emerging macro events such as the Russian-Ukraine tensions continue to loom, resorts operator Banyan Tree Group is optimistic that the return of international travel and its diversified business will propel the group forward, said Eddy See pre...

HOTEL Properties reversed into the black in the fiscal second half from a year ago as the group started seeing better performance from its resorts in Maldives, the company's latest financials released on Friday (Feb 25) showed.

Banyan Tree Group announced a smaller net loss after minority interests of $55.2 million in FY2021 compared with $95.8 million in FY2020. Nonetheless, two consecutive years of losses have caused shareholders equity to fall by 14% as at end-2021 to $538 million. On the other hand, operating and free ...

Luxury resort operator has reported a 25% y-o-y drop in revenue to $56.5 million for 1HFY2021, as the pandemic continues to affect its business. However, its net loss has been reduced by 13% y-o-y to $42.6 million from $49.2 million, as the company cut costs, made gains from sale of properties. Wh...

The Ng family that is most famous for owning real estate giant Far East Organization, has emerged as a substantial shareholder of resort operator Banyan Tree Holdings, whose business has been affected by the ongoing pandemic. According to a regulatory filing, Goodview Properties, controlled by the N...

The Ng family that’s most famous for owning real estate giant Far East Organization, has emerged as a substantial shareholder of resort operator Banyan Tree Holdings. According to an SGX filing, Goodview Properties Pte Ltd, controlled by the Ngs, on Aug 3 paid $465,387 for 1.5 million Banyan Tree ...