Banyan Group’s Expansion with 15 new Hotels and Resorts Redefines Luxury Hospitality in 2025
Luxury hospitality giant Banyan Group is set to make waves in 2025 with the planned launch of 15 new hotels and resorts, along with five branded residences. These ambitious expansions, which include entries into Tanzania and the Dominican Republic, mark a significant step beyond the company’s traditional stronghold in Asia.
The group achieved a record-breaking milestone in 2024 with the opening of 18 properties, including six in Japan and South Korea and eight in China. This marked the company’s successful multi-brand expansion across Asia. Looking ahead, the group aims to reach its symbolic 100th property in 2025, with a much-anticipated debut in Singapore. Banyan Group’s CEO, Eddy See, highlighted that this milestone represents a “homecoming” for the brand.
As part of its evolution, the company underwent a strategic rebranding last year, dropping the word “Tree” from its name. This move was designed to distinguish its flagship Banyan Tree luxury brand from its rapidly growing portfolio, which has doubled in size since 2019.
Among its 2025 highlights, the group’s inaugural Singaporean property, the Mandai Rainforest Resort by Banyan Tree, is scheduled to open in April. Located within the Mandai Wildlife Reserve, the 338-room resort will offer an immersive nature experience. Another standout opening will be Ubuyu, the company’s first safari resort, nestled in Tanzania’s Ruaha National Park, which promises guests a unique connection to untouched African landscapes. The group will also mark its entry into the Caribbean with Cassia Punta Cana in the Dominican Republic, catering to a new customer base in the Americas.
The company’s ongoing diversification strategy reflects a deliberate pivot toward a more global market mix. While Asia remains its core focus, regions like the Middle East, North America, Africa, and the Caribbean are playing increasingly prominent roles. See emphasized that this diversification helps reduce dependence on a limited number of markets and mitigates fluctuations in room demand caused by seasonal travel patterns.
The Middle East continues to serve as a key growth driver, fueled by a rising interest in wellness-oriented and immersive travel experiences. See explained that the company sees opportunities to attract domestic travelers from high-potential markets such as the Middle East and China. This aligns with the group’s 12-brand strategy, which enables it to cater to diverse traveler preferences and cultural expectations.
Emerging trends among younger, affluent travelers are also reshaping the luxury hospitality landscape. This demographic values eco-consciousness, authentic experiences, and immersive stays over traditional luxury features. See noted that these shifting preferences drive the group’s vision for innovation and expansion, allowing it to adapt offerings to meet the evolving needs of its clientele.
In China, a fast-growing market for the group, Banyan Group has been focusing on creating a multi-branded presence with properties like Banyan Tree and Garrya Yangcheng Lake in Suzhou, and Banyan Tree and Angsana Tengchong in Yunnan. These developments are tailored to offer a variety of experiences within single destinations, appealing to a wide spectrum of travelers.
While rapid expansion often challenges operational standards, See underscored the importance of balancing scale with sustainability. He acknowledged that hospitality brands must remain agile and responsive to market demands without losing their authenticity. Banyan Group’s asset-light approach and investments in technology are seen as key enablers of scalable, high-quality operations. See explained that technology supports staff in delivering meaningful, human-centered guest experiences, but emphasized that the personal touch remains irreplaceable in luxury hospitality.
The company’s loyalty program, withBanyan, is another cornerstone of its strategy, allowing it to better understand and cater to guest preferences. Additionally, branded residences are emerging as a major growth area, with five new projects slated for 2025 in locations such as Phuket, Dubai, and Madrid. These developments address a growing demand for luxury living spaces that seamlessly integrate hospitality services.
As Banyan Group continues to evolve, it remains committed to blending cultural authenticity with luxury. With its sights set on both established and emerging markets, the company is well-positioned to redefine the global hospitality landscape while staying true to its roots.
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