Banyan Tree Holdings Limited achieved 68% increase in Core Operating Profit. The Group debuted the first Folio in Japan and currently operates 72 hotels and anticipates 3 more openings.
Banyan Tree Group, one of the world's leading multi-brand hospitality groups, closed the 2022 fiscal year with a total of 63 properties across its global portfolio of 10 hospitality brands.
The Group's revenue was 23% higher than FY2021 with international travel recovery contribution. Operating Profit increased nine-fold to S$41.7 million. Hotel RevPAR increased 30% (on a same store b...
Revenue more than doubled to S$119 million, due to international travel recovery contribution.
Operating Profit achieved S$26 millon vs previous loss of S$ 16 million.
Hotel RevPAR increased 23% (o...
The Group closed 1Q22 with positive operating profit, and improved topline performance against 1Q21. Hotel revenue per available room (RevPAR) grew by 46% in 1Q22 compared to 1Q21. Property busines...
