Banyan Tree plans major Indian expansion
Contributors are not employed, compensated or governed by TD, opinions and statements are from the contributor directly
Banyan Tree is planning a major Indian expansion with 20 properties in the next six years.
“We are planning 15-20 properties in India under our brands, Banyan Tree Hotels & Resorts and Angsana Hotels & Resorts, mostly constituting 100-150 rooms each. We have recently announced the launch of our first 60-room property under our flagship brand Banyan Tree Hotels & Resorts in Kerala,”Abid Butt, CEO, Banyan Tree Hotels & Resorts was quoted as saying in a PTI report.
Besides the Kerala property, the group has three properties in pipeline for Goa, Bengaluru and Ludhiana under both its brands. “We are well known as a resort destination and in India we would love to be in the metro markets and are mainly looking at management contract opportunities,” Butt said.