Banyan Tree explores partnerships with UAE investors
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Banyan Tree Hotels and Resorts is planning to expand its presence in the UAE in 2013 by establishing strategic partnerships with investors in the UAE and the region.
Abid Butt, Banyan Tree Hotels & Resorts CEO said: “We are looking into various opportunities in the UAE to launch new hotels and resorts by forming new alliances and partnerships. The hospitality industry in Dubai and Abu Dhabi is witnessing increased growth supported by strong infrastructure and increasing interest in travel and tourism.”
The Banyan Tree Group manages and owns 30 resorts and hotels around the world, more than 60 integrated health clubs, 80 retail galleries and runs two golf courses. It currently manages two hotels – Banyan Tree Al Wadi and Banyan Tree Ras Al Khaimah Beach.