Banyan Group, formerly Banyan Tree Holdings, is gearing up for the grand opening of its 100th hotel this November, a milestone that will coincide with the unveiling of the Mandai Rainforest Resort in Singapore.
The launch will be celebrated with a week-long programme and charity festival, which the group says marks a “symbolic homecoming” for the Singapore-headquartered company. The group currently operates over 90 hotels and resorts and maintains a presence in more than 20 countries through 12 brands.
In a mid-year update, Banyan Group highlights strategic gains across Asia, Africa and Europe, including entries into new markets and commemorations of its long-term presence in key regions.
This year also marks two key anniversaries: 20 years in China and 30 in the Maldives.
Banyan Tree Ringha, launched in 2005 in Shangri-La, was the group’s first property in China. It now runs 33 hotels across five brands in the country. New openings in 2025 include Banyan Tree Zhuhai Phoenix Bay, Angsana Zhoushan, Dhawa Beihai Weizhou Island, Homm Wenzhou Nanxijiang, and Homm Hengqin.
The group has also signed new projects in Guangzhou, Xiamen and Wenling. A new clean water project in Lijiang will be launched this year under the Banyan Environmental and Community Fund, in partnership with the China Environmental Protection Foundation.
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In the Maldives, Banyan Tree Vabbinfaru marks its 30th year. The resort was one of the first in the country to adopt eco-luxury practices. In July, the Government of Maldives recognised Banyan Group for its environmental contributions at the Maldives–Singapore Business Forum.
New openings
Banyan Group is set to launch its first safari retreat — Ubuyu, A Banyan Tree Escape — in Tanzania’s Ruaha National Park by end-2025. The resort features six villas designed using local materials and inspired by traditional Maasai architecture. Each villa will have a private pool and offer expansive views of the savannah.
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Ubuyu will be operated by “Escape Hosts” and is positioned as a gateway to immersive wildlife experiences and cultural rituals. The group describes the resort as its “bold step into safari hospitality” and part of its push into regenerative travel.
New openings in Southeast Asia include Garrya Mu Cang Chai in Vietnam and the upcoming Homm Mandaue Cebu in the Philippines. The Vietnam resort is built using bamboo architecture and focuses on cultural immersion in the terraced hills of northern Vietnam.
Banyan Tree Gallery, the group’s retail arm for sustainable crafts and wellness products, has expanded its reach through new airline retail partnerships. Products are now available onboard China Airlines, in addition to existing deals with Emirates, EVA Air and Starlux.
In Europe, Banyan Group has launched sales for its first branded residence on the continent — Banyan Tree Padilla Madrid Residences. Located in the Salamanca district, the property comprises refurbished apartments in a 1948 building designed by Gutiérrez Soto, with interiors by Caramba Estudio and amenities like an indoor pool and Turkish bath.
Back in Asia, the new Banyan Tree Beach Residences Oceanus at Laguna Phuket features 16 beachfront homes. Buyers receive access to a private club, BDMS wellness services, golf memberships and international school enrolment. To tap growing Middle East demand, the group has set up sales teams in the UAE and Saudi Arabia.
“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.”
Ytd, shares in Banyan Group gained 75.7% to trade at 62 cents.