Annual Report 2021

Regenerative Growth
— Our Journey
Through The Years


Laguna Resorts and Hotels, a Banyan Tree Holdings Limited subsidiary, acquires over 550 acres of abandoned tin mine land at Bang Tao Bay, Phuket, Thailand.


With extensive site rehabilitation completed, Laguna Phuket, Asia’s first destination integrated resort, is opened.


Architrave, the Group’s in-house architecture and design arm, is established in Thailand and Singapore.


Laguna Phuket Golf Club is opened.

A pioneer in education and community engagement, the Group establishes the Laguna Childcare Centre.

Laguna Phuket wins the American Express and International Hotel Association Environmental Award for remediating a toxic site.


Banyan Tree Hotels & Resorts is launched with the holistic ethos: “Embracing the Environment, Empowering People”.

The Group’s flagship luxury resort, Banyan Tree Phuket, is opened in Laguna Phuket. The resort includes the first Banyan Tree Spa.


Banyan Tree Gallery is established.

The Group launches Laguna Bintan, our first project in Indonesia and second destination integrated resort in Asia.


Angsana brand is launched with the opening of Angsana Bintan in Indonesia. Combining local chic with a fun-filled atmosphere, Angsana brings the adventure back into travel.


The Green Imperative Fund is launched to formalise the Group’s sustainability efforts.

The Banyan Tree Spa Academy is founded. The first of its kind in Asia, the Academy is set up for training and research and development to elevate therapists’ skills and the spa industry as a whole.


The first resort-based facility in the Maldives, Banyan Tree Maldives Marine Lab, is established.


Banyan Tree Ringha opens in Yunnan, marking the Group’s first foray into China.


Banyan Tree Holdings Limited debuts on the Singapore Stock Exchange. Ahead of its time in corporate reporting and transparency, the Group publishes its first Sustainability Report.


Bintan Conservation Lab begins operations in Indonesia.


Banyan Tree Management Academy is launched, marking a significant milestone in the Group’s commitment to internal talent development.


The Group establishes Banyan Tree Global Foundation, the Group’s non-profit arm and an integral part of its management framework.


The Group opens Laguna Lăng Cô, its first project in Vietnam and third destination integrated resort in Asia.


The Group launches its third brand, Cassia, to tap into the growing demand for lifestyle extended stay hotel residences.

The first Banyan Tree’s Got Talent! group-wide contest is organised.


The first Cassia hotel opens in Phuket, Thailand.

Banyan Tree Spa enters the TTG Hall of Fame as Best Spa Operator.

The Group launches its fourth brand, Dhawa, aimed at meeting contemporary travellers’ demand for affordable and design-inspired full-service hotels.


The Group’s first Dhawa hotel opens in Cayo Santa Maria, Cuba.

Banyan Tree Holdings enters a strategic long-term partnership with AccorHotels to develop and manage Banyan Tree-branded hotels around the world.

MATTER Prints, a textile-based artisan brand, enters Banyan Tree Gallery.


Banyan Tree Group forms a joint venture with China Vanke Co. Ltd. focusing on active ageing and wellness hospitality projects.

Banyan Tree Essentials is re-launched with natural, responsibly sourced body and aromatherapy products.

The Group aligns its sustainability efforts with UN Sustainable Development Goals and stakeholder-inclusive materiality framework.

Mandai Park Holdings appoints Banyan Tree Holdings as the operator of an eco-friendly resort to be located within the new integrated nature and wildlife destination at Mandai. Upon completion, this will be Banyan Tree Group’s first resort in Singapore.


Banyan Tree Group celebrates its 25th Anniversary, Banyan Tree Marine Lab Maldives’ 15th Anniversary, and Banyan Tree Global Foundation’s 10th Anniversary.


Banyan Tree Holdings Limited issues Convertible Bonds.

Banyan Tree Holdings forms a joint venture with Myanmar Treasure Hotel & Resort Group Company Limited (also known as Htoo Hospitality) to manage all its hotels and a hospitality school in Myanmar.

Banyan Tree Global Foundation inaugurates Greater Good Grants to support external environmental and community projects, in alignment with UN Sustainable Development Goals and its ethos of “Embracing the Environment, Empowering People”.


Banyan Tree Group launches Banyan Tree’s Wellbeing Sanctuary to clarify and democratise wellbeing for guests and associates through its 8 Pillars of Wellbeing.

Banyan Tree Group announces the launch of Buahan, a Banyan Tree Escape, in Bali, Indonesia. The launch symbolises the Banyan Tree brand’s vision and commitment to creating immersive experiences combining deep nature and sustainable design.

Banyan Tree Group joins Expedia Group in the UNESCO Sustainable Travel Pledge, being among the first hospitality brands to do so.

Banyan Tree Group expands its ecosystem of brands with the introduction of Homm, Garrya and Folio, and two extensions of its flagship Banyan Tree brand – Banyan Tree Escape and Banyan Tree Veya.

Banyan Tree Group announces the debut of its new Garrya brand with the opening of Garrya Huzhou Lucun in Huzhou, China, offering a modern, minimalist haven.

Banyan Tree Group announces the debut of its new Homm brand with the opening of Homm Bliss Southbeach Patong in Phuket, Thailand. Homm provides a sensible lifestyle and globally diverse experiences, while embodying the feeling of home.

Annual Report 2021 (Full Report)
Sustainability Report 2021
Notice Of AGM
Proxy Form
Request Form