Latest news with #BanyanGroup
Business Insider
21-07-2025
- Business
- Business Insider
The biggest tech shift in travel isn't AGI — it's real-time translation, says a luxury hotel mogul
Picture yourself in a tiny sake bar on Japan's Noto Peninsula, swapping stories with the chef in flawless, real-time translation. Such frictionless conversations, Banyan Group founder Kwon Ping Ho says, will "open up the boundaries of travel in a big, big way." Ho, who launched his first resort on an abandoned tin mine in Phuket, Thailand in 1994, has spent over 30 years in the hospitality industry. The 72-year-old told Business Insider that when it comes to AI, tools like simultaneous translation will make a big splash in his industry. "The one AI that I think will revolutionize our industry and travel is oddly enough, not AGI. That's science fiction because nobody can imagine what it's really going to lead to," Ho said on the sidelines of the International Conference on Cohesive Societies held in Singapore last month. AGI, or artificial general intelligence, is a theoretical form of AI that is capable of thinking and reasoning like humans. Experts are split on when exactly AGI will be achieved. Some say AGI will be ready in two years, but others say it is decades away. Real-time translation software, on the other hand, could have a similar impact on travel as budget carriers did, Ho said. "One of the biggest impediments to tourism travel is the language barrier, and the places you can go to. It's never been a problem for people to go on group tours and have a tour guide who speaks the language. But as you go deeper into experiential travel, you want to go and talk to people directly," he added. Ho said such software would make travelers more confident to venture into far-flung destinations even if they do not speak the local language. He compared it to the rise of budget airline carriers, which took off in the 1990s and 2000s and opened up lower-cost travel to more people. "When you get instant translation, that's going to make people go into so many areas they normally wouldn't go," he added. "People can go to the remotest village in Japan or Indonesia and not feel strange at all." Ho isn't the only hospitality mogul who said that AI will impact the industry, albeit in a limited fashion, given that the technology is still in its nascent stages. Brian Chesky, the cofounder and CEO of Airbnb, said on the company's earnings call in February that he didn't think AI is "quite ready for prime time." Chesky said Airbnb would implement AI in its customer service functions first before expanding it to other areas. "It's still really early. It's probably similar to like, the mid to late-90s for the internet. So I think it's going to have a profound impact on travel, but I don't think it's yet fundamentally changed for any of the large travel platforms," Chesky said.
Nikkei Asia
19-07-2025
- Nikkei Asia
Singapore's new resort getaways blend comfort and nature
Bean pod–shaped "treehouse" villas at Singapore's Mandai Rainforest Resort by Banyan Tree are designed to immerse guests in the natural surroundings. (Photo by Mayuko Tani) MAYUKO TANI SINGAPORE -- Think of a resort destination in Asia and Singapore likely doesn't come to mind as easily as Bali or Phuket, but two major hotel operators are showing visitors a more nature-rich side to the city-state. Singapore-based Banyan Group opened its first hotel in its home country this April with Mandai Rainforest Resort by Banyan Tree. The hotel sits within the Mandai Wildlife Reserve, a northern sanctuary that houses the Singapore Zoo, the Night Safari and three other zoological parks. Overlooking a reservoir, the hotel is nestled in a secluded rainforest filled with lush greenery and abundant wildlife.
CNA
16-07-2025
- Business
- CNA
CNA938 Rewind - SG60 Special (Ep 1): Ho Kwon Ping expects next generation of Banyan Group leaders to do more than maintain the status quo
As part of a special mini-series leading up to SG60, Lance Alexander and Daniel Martin speak with CEOs at the helm of local brands that the country is proud edition, they spoke with Mr Ho Kwon Ping, Founder and Executive Chairman of Banyan Group. Since being founded in 1994, the locally-established hospitality business now manages over ninety hotels and resorts, nearly 100 spas, nearly 70 galleries, and 3 integrated resorts in 22 countries.
Korea Herald
15-07-2025
- Business
- Korea Herald
Banyan Group Maintains Strategic Momentum with Global Milestones in Lead-up to 100th Hotel Grand Opening
Mid-year update underscores strategic expansion across Asia, Africa and Europe, with milestone anniversaries in China and the Maldives reflecting legacy and purpose SINGAPORE, July 15, 2025 /PRNewswire/ -- Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58), an independent global hospitality company, enters the second half of 2025 with strategic momentum across its diversified portfolio of hotels, branded residences, and purpose-led experiences. This November, Banyan Group will mark a significant moment in its journey with the Grand Opening of Mandai Rainforest Resort—its 100th hotel and a symbolic homecoming in Singapore—through a weeklong celebration and charity festival. The first half of the year saw the Group mark a series of milestones—from new market entries and openings to key anniversaries that reflect its growing presence and ongoing commitment to purpose-led hospitality. "The first half of 2025 reflects not only the growth of our footprint, but also our belief that hospitality should offer more than just a place to stay," said Eddy See, President and CEO of Banyan Group. "It's about something authentic shaped by thoughtful design, cultural depth, and genuine care. As we grow, we remain committed to using travel as a force for positive change and to deepening meaning, not just expanding presence." Expanding into Sub-Saharan Africa: A Debut in Safari Hospitality Looking ahead, Banyan Group is set to deepen its presence in Africa with the upcoming launch of its first safari resort, Ubuyu, A Banyan Tree Escape, located in the heart of one of East Africa's most pristine wilderness areas. Opening in late 2025, this eco-luxury retreat offers rare access to Ruaha National Park, one of Tanzania's best-kept secrets, renowned for its raw natural beauty and extraordinary biodiversity. The park is home to one of Africa's largest elephant populations, the highest density of lions, endangered wild dogs, and over 570 bird species. Crafted with local materials and inspired by traditional Maasai architecture, Ubuyu will launch with a limited collection of six artisan villas in its first phase. Each villa is designed to blend seamlessly into the surrounding savannah with private pools and expansive views. Guided by dedicated Escape Hosts, guests will embark on immersive wildlife encounters, cultural exchanges, and riverside rituals. As Banyan Group's debut in safari hospitality, Ubuyu represents a bold step into new frontiers and reinforces the Group's commitment to meaningful, regenerative travel experiences. 20 Years in China: Deepening Presence and Impact 2025 commemorates Banyan Group's 20th year in China, where it first brought its ethos of nature, culture, and community to the highlands of Shangri-La, restoring traditional Tibetan farmhouses to open Banyan Tree Ringha as its first hotel in the country. Today, the Group operates 33 hotels across five brands in the market. This year's new openings include Banyan Tree Zhuhai Phoenix Bay, Angsana Zhoushan, Dhawa Beihai Weizhou Island, Homm Wenzhou Nanxijiang, and Homm Hengqin. New signings in Guangzhou, Xiamen, and Wenling further anchor the Group's presence across both tier-one cities and emerging destinations. The Group continues to expand its community impact through the Banyan Environmental and Community Fund, launched in partnership with the China Environmental Protection Foundation. A new clean water project in Lijiang will launch this year to mark the 20th anniversary, complementing ongoing initiatives in coral reef restoration, marine protection, and education. The Group will mark three decades in the Maldives with the anniversary of Banyan Tree Vabbinfaru, a pioneer in sustainable eco-luxury since its opening in 1995. In July, the Group was honoured by the Government of the Maldives for its contributions to environmental stewardship and bilateral relations. The award was presented by His Excellency Dr. Mohamed Muizzu, President of the Maldives, at the Maldives–Singapore Business Forum. Strategic Openings Across Southeast Asia Banyan Group continues to diversify its footprint across the region. The first Garrya property in Vietnam, Garrya Mu Cang Chai opened in the terraced hills of the north, blending bamboo-led architecture with cultural immersion. In the Philippines, the upcoming opening of Homm Mandaue Cebu later this year will extend the Homm brand's presence in a fast-growing urban market. Expanding Retail Reach Through Banyan Tree Gallery Banyan Tree Gallery, the Group's artisan-led retail concept, continues to grow its international presence. Its curated selection of sustainable crafts and wellbeing products is now available onboard China Airlines, adding to existing inflight retail partnerships with Emirates, EVA Air and Starlux airlines. In Europe, the sales launch of Banyan Tree Padilla Madrid Residences marks the Group's first residential development on the continent. Located in Madrid's prestigious Salamanca district, the residences reinterpret a 1948 architectural landmark by Gutiérrez Soto into one to four bedrooms residences, with interiors by Caramba Estudio, each with generous terraces and access to private amenities including a Turkish bath, indoor pool, and landscaped courtyards. In Southeast Asia, Banyan Tree Beach Residences Oceanus launched in Laguna Phuket, offering 16 exclusive beachfront homes with access to a private club, BDMS wellness services, golf membership, Thailand Elite visa and family privileges including an onsite preschool and international school access. To meet rising demand, Banyan Group has also established dedicated sales teams in the UAE and Saudi Arabia to serve growing Middle East interest in Phuket's real estate market. Global Recognition and Accolades In the past six months, Banyan Group has garnered over 100 industry accolades, including more than 20 honours across categories in the Travel + Leisure Luxury Awards Asia Pacific 2025. Its flagship brand, Banyan Tree, was voted the #2 Best Hotel Brand by readers, while Dhawa Ihuru was recognised among the Best House Reefs in the Maldives. The Group also celebrated eight Forbes Travel Guide Star Award winners. Additionally, Banyan Group Residences was named Thailand's Most Awarded Developer for the second consecutive year, with 15 wins at the Asia-Pacific Property Awards 2025–26. ABOUT BANYAN GROUP Banyan Group ("Banyan Tree Holdings Limited" or the "Group" - SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans over 90 hotels and resorts, more than 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.
Cision Canada
15-07-2025
- Business
- Cision Canada
Banyan Group Maintains Strategic Momentum with Global Milestones in Lead-up to 100th Hotel Grand Opening
Mid-year update underscores strategic expansion across Asia, Africa and Europe, with milestone anniversaries in China and the Maldives reflecting legacy and purpose SINGAPORE, July 15, 2025 /CNW/ -- Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58), an independent global hospitality company, enters the second half of 2025 with strategic momentum across its diversified portfolio of hotels, branded residences, and purpose-led experiences. This November, Banyan Group will mark a significant moment in its journey with the Grand Opening of Mandai Rainforest Resort—its 100th hotel and a symbolic homecoming in Singapore—through a weeklong celebration and charity festival. The first half of the year saw the Group mark a series of milestones—from new market entries and openings to key anniversaries that reflect its growing presence and ongoing commitment to purpose-led hospitality. "The first half of 2025 reflects not only the growth of our footprint, but also our belief that hospitality should offer more than just a place to stay," said Eddy See, President and CEO of Banyan Group. "It's about something authentic shaped by thoughtful design, cultural depth, and genuine care. As we grow, we remain committed to using travel as a force for positive change and to deepening meaning, not just expanding presence." Expanding into Sub-Saharan Africa: A Debut in Safari Hospitality Looking ahead, Banyan Group is set to deepen its presence in Africa with the upcoming launch of its first safari resort, Ubuyu, A Banyan Tree Escape, located in the heart of one of East Africa's most pristine wilderness areas. Opening in late 2025, this eco-luxury retreat offers rare access to Ruaha National Park, one of Tanzania's best-kept secrets, renowned for its raw natural beauty and extraordinary biodiversity. The park is home to one of Africa's largest elephant populations, the highest density of lions, endangered wild dogs, and over 570 bird species. Crafted with local materials and inspired by traditional Maasai architecture, Ubuyu will launch with a limited collection of six artisan villas in its first phase. Each villa is designed to blend seamlessly into the surrounding savannah with private pools and expansive views. Guided by dedicated Escape Hosts, guests will embark on immersive wildlife encounters, cultural exchanges, and riverside rituals. As Banyan Group's debut in safari hospitality, Ubuyu represents a bold step into new frontiers and reinforces the Group's commitment to meaningful, regenerative travel experiences. 20 Years in China: Deepening Presence and Impact 2025 commemorates Banyan Group's 20th year in China, where it first brought its ethos of nature, culture, and community to the highlands of Shangri-La, restoring traditional Tibetan farmhouses to open Banyan Tree Ringha as its first hotel in the country. Today, the Group operates 33 hotels across five brands in the market. This year's new openings include Banyan Tree Zhuhai Phoenix Bay, Angsana Zhoushan, Dhawa Beihai Weizhou Island, Homm Wenzhou Nanxijiang, and Homm Hengqin. New signings in Guangzhou, Xiamen, and Wenling further anchor the Group's presence across both tier-one cities and emerging destinations. The Group continues to expand its community impact through the Banyan Environmental and Community Fund, launched in partnership with the China Environmental Protection Foundation. A new clean water project in Lijiang will launch this year to mark the 20th anniversary, complementing ongoing initiatives in coral reef restoration, marine protection, and education. 30 Years in the Maldives: Recognition from the Government of Maldives The Group will mark three decades in the Maldives with the anniversary of Banyan Tree Vabbinfaru, a pioneer in sustainable eco-luxury since its opening in 1995. In July, the Group was honoured by the Government of the Maldives for its contributions to environmental stewardship and bilateral relations. The award was presented by His Excellency Dr. Mohamed Muizzu, President of the Maldives, at the Maldives–Singapore Business Forum. Strategic Openings Across Southeast Asia Banyan Group continues to diversify its footprint across the region. The first Garrya property in Vietnam, Garrya Mu Cang Chai opened in the terraced hills of the north, blending bamboo-led architecture with cultural immersion. In the Philippines, the upcoming opening of Homm Mandaue Cebu later this year will extend the Homm brand's presence in a fast-growing urban market. Expanding Retail Reach Through Banyan Tree Gallery Banyan Tree Gallery, the Group's artisan-led retail concept, continues to grow its international presence. Its curated selection of sustainable crafts and wellbeing products is now available onboard China Airlines, adding to existing inflight retail partnerships with Emirates, EVA Air and Starlux airlines. In Europe, the sales launch of Banyan Tree Padilla Madrid Residences marks the Group's first residential development on the continent. Located in Madrid's prestigious Salamanca district, the residences reinterpret a 1948 architectural landmark by Gutiérrez Soto into one to four bedrooms residences, with interiors by Caramba Estudio, each with generous terraces and access to private amenities including a Turkish bath, indoor pool, and landscaped courtyards. In Southeast Asia, Banyan Tree Beach Residences Oceanus launched in Laguna Phuket, offering 16 exclusive beachfront homes with access to a private club, BDMS wellness services, golf membership, Thailand Elite visa and family privileges including an onsite preschool and international school access. To meet rising demand, Banyan Group has also established dedicated sales teams in the UAE and Saudi Arabia to serve growing Middle East interest in Phuket's real estate market. Global Recognition and Accolades In the past six months, Banyan Group has garnered over 100 industry accolades, including more than 20 honours across categories in the Travel + Leisure Luxury Awards Asia Pacific 2025. Its flagship brand, Banyan Tree, was voted the #2 Best Hotel Brand by readers, while Dhawa Ihuru was recognised among the Best House Reefs in the Maldives. The Group also celebrated eight Forbes Travel Guide Star Award winners. Additionally, Banyan Group Residences was named Thailand's Most Awarded Developer for the second consecutive year, with 15 wins at the Asia-Pacific Property Awards 2025–26. ABOUT BANYAN GROUP Banyan Group ("Banyan Tree Holdings Limited" or the "Group" - SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans over 90 hotels and resorts, more than 140 spas and galleries, and 20 plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship brand Banyan Tree, each distinct yet united under the experiential membership programme withBanyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience. SOURCE Banyan Group
