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Business updates & financial releases
News releases
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Maybank Singapore partners Banyan Group
Maybank Singapore and Banyan Tree Holdings Limited (Banyan Group) announces that it is collaborating on Banyan’s first Sustainability-Linked Senior Unsecured Syndicated Term Loan Facility. Acting a...
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Banyan Group records a doubling of profit for FY2023
Banyan Tree Holdings Limited ("The Group") showcased robust performance in FY23, with a surge in Operating Profit, more than doubling to $90.1 million. Additionally, Core Operating Profit experienc...
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Banyan Tree Group Announces a Shift of its Name to Banyan Group
In celebration of its 30th anniversary, the independent, global hospitality company announces landmark milestones and exciting developments for the future.
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Banyan Tree Group's 1H23 Core Operating Profit Increases 68% YoY to S$18.7 Million
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.
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Banyan Tree Group on Track to Double its Global Portfolio as Part of Five-Year Expansion Plan
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.
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Banyan Tree Group Sees Return to Profitability
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...