Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”) is a leading international operator and developer of premium resorts, hotels, residences and spas, with 43 hotels and resorts, 64 spas, 77 retail galleries, and three golf courses in 28 countries.Each resort typically has between 75 to 300 rooms and commands room rates at the higher end of each property’s particular market.The Group’s primary business is centered on four brands: the award-winning Banyan Tree and Angsana, as well as newly established Cassia and Dhawa. Banyan Tree also operates the leading integrated resort in Thailand – Laguna Phuket — through the Group’s subsidiary, Laguna Resorts & Hotels Public Company Limited. Two other integrated resorts – Laguna Bintan in Indonesia and Laguna Lăng Cô in Central Vietnam – complete the status of the Group as the leading operator of integrated resorts in Asia.As a leading operator of spas in Asia, Banyan Tree’s spas are one of the key features in their resorts and hotels. Its retail arm Banyan Tree Gallery complements and reinforces the branding of the resort, hotel and spa operations.Since the launch of the first Banyan Tree resort, Banyan Tree Phuket, in 1994, Banyan Tree has received over 1,600 awards and accolades for the resorts, hotels and spas that the Group manages. The Group has also received recognition for its commitment to environmental protection and emphasis on corporate social responsibility.In addition to its currently operating hotels, resorts, spas and golf courses, the Group currently has 15 hotels and resorts under construction, and another 22 under development.
The Laguna Lăng Cô integrated resort is expected to open its new casino in 2022, after receiving the country’s first casino license in ten years, TTG Asia reports. The license issuing ceremony was conducted during the recent Vietnam-Singapore Business Forum 2018 in Singapore in late April, and was presented by the chairman of the Provincial […]
Prime Minister Nguyen Xuan Phuc has agreed in principal to allow a casino to be added to the Laguna Lang Co. resort in central Vietnam, with a likely 2021 opening date, local media reports. At a working session with the central province of Thua Thien-Hue authorities on January 2, 2018, the government leader permitted the […]
International casino operators have their eyes on Vietnam again after the latest gaming decree opened up casinos to locals, VietnamNetBridge reports. It is understood that Las Vegas Sands, Banyan Tree, Crown Resorts, Chow Tai Fook and Sun City are closely following developments in the country. With the new decree to take effect in March, investors […]
The Hard Rock Group is preparing to expand its business in Asia Pacific within the next three to five years, reports the Hong Kong Economic Journal. The company is planning to look into several jurisdictions, including China, Vietnam and Japan, with 17 restaurants, 15 hotels and two casinos planned for the region, Hard Rock chief […]
Laguna Lang Co, operator of the luxury resort located within the Thua Thien-Hue province, announced that it is extending the submission deadline for its concepts of the resort. The decision to extend the deadline has been made to due to the significant interest shown in the Request for Concepts, the company said in a media […]
The master plan for the Laguna Lang Co in Vietnam, which is currently seeking an operator to run a casino for the complex, will include a further six hotels and more entertainment facilities. The resort, operated by Singapore-listed Banyan Tree Holdings, announced on May 25th that it’s seeking Requests For Concepts for a casino/entertainment facility, […]
A unit of The Banyan Tree Group will help Vietnam’s Laguna Lang Co. to find an operator for its proposed gaming facilities, according to local media. Banyan Tree Capital will oversee the Request for Concepts process, while Global Market Advisors will act as strategic procurement advisers. The resort, which opened in 2013, is located north […]
Vietnam’s slow-moving legislative process, combined with the burden of the existing regulations, means the country’s full potential as a gaming destination won’t be reached until the next decade at the earliest, industry experts say. Although there has been a lot of speculation that there will be some relaxation of these rules, it now doesn’t look likely to happen for some time to come.