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Banyan Tree Holdings
Results
Banyan Tree 4Q earnings halved to $3.9 mil on higher expenses
SINGAPORE (Feb 27): Banyan Tree Holdings reported earnings of $3.9 million for the quarter ended Dec 2017, down by more than half of the $8.5 million posted in the same period a year ago on higher expenses.
February 27, 2018
M&A
Banyan Tree to acquire remaining stake in Laguna Resorts & Hotels for THB 40 a share
SINGAPORE (Feb 26): Banyan Tree Holdings is acquiring the remaining 34.25% stake it does not own in subsidiary, Laguna Resorts & Hotels (LRH).
February 26, 2018
In print this week
Banyan Tree takes asset-light path to profitability
SINGAPORE (Oct 13): Palm trees, soft white sand on endless beaches and blue seas on the west coast of Phuket conjure up images of the Banyan Tree brand and its luxury spas and mouthwatering Thai cuisine.
October 13, 2017
Banyan Tree to open very first eco-friendly resort in Mandai in 2023
SINGAPORE (Oct 11): Singapore will see its first ever eco-friendly resort in Mandai by 2023.
October 11, 2017
Broker's Calls
Banyan Tree started at ‘buy’ ahead of turnaround
SINGAPORE (Sept 12): UOB Kay Hian is initiating coverage on hospitality giant Banyan Tree Holdings with a “buy” call and a target price of 93 cents, on the back of global tourism growth and economic recovery.
September 12, 2017
Broker's Calls
Banyan Tree kept at ‘buy’ by Phillip on growing RevPARs, revenue recognition
SINGAPORE (Aug 15): Phillip Capital is maintaining its “buy” call on Banyan Tree with a lower target price of 74 cents to account for lower than expected disposal gain.
August 15, 2017
Results
Banyan Tree narrows losses to $12.3 mil in 2Q
SINGAPORE (Aug 10): Banyan Tree Holdings reported 2Q17 losses narrowed to $12.3 million from $14.4 million in losses a year ago.
August 10, 2017
Broker's Calls
Banyan Tree swings back to profitability in 4Q with earnings of $8.5 mil
SINGAPORE (Feb 23): Banyan Tree Holdings, the manager and developer of luxury hotels, resorts and spas in Asia, has declared $8.5 million in 4Q earnings on higher operating profit – a turnaround from the $18.4 million loss posted in 4Q15.
February 23, 2017
Banyan Tree forms JV with Vanke to consolidate China assets
SINGAPORE (Jan 23): Banyan Tree Holdings and China Vanke Co. have agreed to create Banyan Tree China (BTC), a new joint venture between Banyan Tree and Vanke, to consolidate the ownership of Banyan Tree-branded hotels and assets in China.
January 23, 2017
Stocks To Watch
iFast, Banyan Tree, Mermaid Maritime, TTJ
SINGAPORE (Dec 8): Here are some factors and stocks that could move the market this Thursday morning:
December 08, 2016