LUXURY TRAVEL
This year to-date , Banyan Tree Group has signed 20 hotel management agreements worldwide including Benin , Mexico , Greece , Saudi Arabia , Korea , Thailand , China and Vietnam . Four Garrya and two Homms have been signed in Asia with more in the pipeline . These portfolio additions support new milestones in group wide hotel RevPAR , which improved 18 % in the first nine months versus the same period in 2020 , and a total of 7 openings in 2021 with the November opening of the first Garrya Huzhou Lucun in China , followed by the debut of Homm Bliss Southbeach Patong and soft-opening of Banyan Tree Veya Phuket in December 2021 .
Looking ahead , the Group will see a total of 19 openings throughout 2022 – comprising 3 Banyan Tree , 1 Banyan Tree Escape , 3 Banyan Tree Veya , 6 Angsana , 3 Dhawa , 2 Garrya and 1 Homm – across 7 countries of the Maldives , Thailand , China , Indonesia , Cambodia , Mozambique and Saudi Arabia – where new flags will be planted in the latter three countries .
For more information on current and upcoming properties , visit www . banyantree . com / en /.
Issue 50 2022 The Art of Luxury
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