Informative Press Releases for Travel
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Banyan Tree Leaf Notes - March 2008
03-28-2008
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March 08 issue |
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HOTEL NEWS |
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NEW GOURMET EXPERIENCES DEBUT AT BANYAN TREE SEYCHELLES
Mahe, Seychelles - Set against the stunning Seychelles islands backdrop of the deepest blues, Banyan Tree Seychelles has made it their imperative to introduce a range of intimate, exceptional dining experiences and culinary chef classes for guests and fans of the award-winning resort.
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CORPORATE ANNOUNCEMENTS |
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BANYAN TREE FOUNDER HO KWON PING HONOURED AS CEO OF THE YEAR AT SINGAPORE CORPORATE AWARDS 2008
Singapore – Barely a year and a half after Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”) saw its debut on the Singapore Exchange, its Executive Chairman and founder Mr. Ho Kwon Ping has been bestowed the honour of Chief Executive Officer of the Year at the Singapore Corporate Awards 2008.
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FULL YEAR OPERATING PROFITS UP 10% TO S$122.5 MILLION
Singapore -Main-Board listed Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”), a leading manager and developer of premium resorts, hotels, spas and galleries, announced today its full year result. Driven by its hotel operations and property sales segments, coupled with a one-off negative goodwill exceptional gain arising from its subsidiary’s rights issue in July 2007, the Group posted a 142% increase in profit after taxation to S$102.4 million on the back of a 26% increase in revenue to S$421.9 million.
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