Banyan Tree Essay

Minimal advertising, understood high aim of brand awargonness through corporations public dealings and international merchandiseing programs. Faced the ch aloneenge of translating and maintaining the success of a corner Asian hospitality brand into several(a) commercialise place divides on a global scale Innovative niche product that could also span the price gap in this securities industry Building a spa comprising individual villas with topical anaestheticly inspired architectural build and positioned as a romantic and intimate escapade for guests recourse for the senses. banian manoeuvre drift local culture and heritage and promoting cottage Crafts, retail outlet showcasing endemical crafts, works closely with village cooperatives and not-for-profit craft marketing agents. selling high-end endure magazines in key markets public relations global marketing programs ( join on chromatography column coverage) a few(prenominal) key whole traders in each targeted market agents specializing in exlusive sumptuousness holidays targeted at wealthy customers membership in the Small Luxury Hotels and leadership Hotels of the World GDS cose BY (own global distribution system used by travel go awayrs to process airline, hotel, car rental and some other distribution take offners approximately the reality.Actively caring for the natural and human surroundings, revitalizing local communities, worked actively to preserve, protect, and promote the natural and human environments in which BYT recurs where located. Minimizing the impact on the environment Green Communities = planted trees, engage local communities, associates, guests to sh be the causes of climate variegate and actions that can reduce our collected carbon footprint. Green Imperative storehouse to further support federation- found and environmental initiatives in the regions where it has a presence.The ships company believed in building profitable resorts that would benefit the surrounding environment and contribute to local economies through the creation of employment and community development projects. Businesses with local farmers and traders by making it a point to bargain for fresh produce from them. connection Relations Department was set up to develop and manage community outreach programs. Seedling BTHRs formalized program which aimed to serving oung adults from local communities and motivate them and provide the means for completing their education to success in full enter the labor ram down as adults. Future openening urban center hotels and angsana hotels in Dubai and London (angsana brand in response to the demand for hotel operators in Asia that were keen to introduce spa proceeds in their hotel, it is more contemporary and affordable brand. Musem Shop by banyan tree joint partnetship with Singapors national heritage board to guinea pig Asia rich and diverse cultural heritage through unique museum-inspired merchandise. banyan he ad Holdings ( banyan point) is an enthronisation holding company involved in managing and developing premium resorts, hotels and spas in the Asia Pacific. To date, the banian channelise Group manages and/or has ownership interests in close to 36 hotels and resorts, around 73 spas, 91 galleriesand 3 golf courses in 28 countries The company operates in Asia, Mexico and Morocco, youthful Zea demean, Africa, Dubai, and the UK. banian tree point operates through three business segments hotel investment, attribute gross revenue, and fee-based.The hotel investments segment relates to hotel and restaurant operations. The office gross revenue segment comprises hotel residences, lagoon stead sales and development project/site sales. Hotel residences business relates to the sale of hotel villas or suites which atomic number 18 part of hotel operations, to investors under a compulsory lease affirm scheme. Laguna property sales business relates to the development and sale of properti es which argon standalone vacation homes in Laguna Phuket. Development project/site sales relates to pure development prop sales or development land sales which are fully or partially developed with infrastructure.The fee-based segment comprises the management of hotels and resorts, the management of an asset- sustained terminal club, the management of common soldier-equity entrepots, the management and operation of spas, the sales of merchandise, the pro slew of architectural and design operate, the management and ownership of golf courses, and rental of retail outlets and offices. The companys subsidiaries (dochterbedrijf) include banyan tree steer spa Bangkok, banian Tree spa Bintan, banian Tree resort Ringha, banyan Tree Spa Phuket, banian tree Tree Sanya, and banian tree Tree Macau, among others.Banyan Tree Holdings (Banyan Tree) is engaged in the management and development of premium resorts, hotels and spas. The companys key service include the following. Hotel and restaurant operations Sale of hotel villas or suites Development and sale of properties Pure development land sales Management of hotels and resorts Management of an asset-backed finish club Management of private-equity funds -Management and operation of spas Architectural and design serve Management and ownership of golf courses Rental of retail outlets and offices.The following companies are the major competitors of Banyan Tree Holdings Limited Central Plaza Hotel man Company Limited Four Seasons Hotels Inc Associated International Hotels Ltd In the past few years, such(prenominal) events risks as the Tohoku earthquake and tsunami, bird flu, floods and riots in Siameseland have been sticky on our industry, ca apply tourism as a whole to teetotal up in their wake. By comparison, economic recessions are part and mail boat of the business cycle, which we are able to take in our stride and yield with a variety of measures.During the year, the world remained mired in the European monarch butterfly debt crisis and American economic weakness. Although these conditions affected our arrivals primarily from Europe, we were able to capitalise on the flourishing Chinese market. At our four resorts in the Maldives, for example, the number of Chinese guests surpassed those from Europe. In our continuing efforts to rebalance the Groups assets, we made the bargain bribe of Banyan Tree Seychelles which gave rise to a net gain. We also interchange and leased back Angsana Velavaru in January 2013.The hybrid structure of this deal is a first for Banyan Tree, and we are pleased with how it allows us to rebalance our portfolio while still participating in the profits from the operations of Angsana Velavaru. 2012 with overall revenue developing 3% to S$338. 4 million. Due to improved results from our hotel investments and fee-based businesses, as fountainhead as a higher contribution from completed sales of property units. Group EBITDA was S$74. 5 million , up 51% on the back of higher revenue and a gain on the bargain purchase of Banyan Tree Seychelles.This in turn resulted in PATMI increasing by 856% (S$14. million), tempered by higher finance personifys and income tax expenses. HOTEL INVESTMENTS Our hotel investments endureed a stronger murder in 2012, with Group-owned hotels posting total revenue of S$187. 7 million, up 15% from the previous year. This was due to the higher contribution from our Thai properties and the consolidation of revenue from Banyan Tree Seychelles from 2Q12 onwards. These gains were partially offset by lower revenue from our Maldives properties as Banyan Tree Vabbinfaru and Angsana Ihuru were temporarily shut for refurbishment.As a result of the increase in revenue, EBITDA for this segment grew by a healthy 69% to S$36. 6 million. PROPERTY gross revenue Revenue from property sales was S$42. 7 million. The 36% fall down was due to the sale of development sites in Lijiang, Yangshuo and Huangshan to our China line of descent in 2011. Excluding those transactions, revenue and EBITDA from property sales saw harvest-time of 43% and 74% respectively, thanks to a higher contribution from completed sales of property units. FEE-BASED Total revenue from our fee-based businesses registered growth of 9% to reach S$108. million.This was attributable to an increase in fees from hotel management and architectural and interior design and other services. Accordingly, EBITDA for our fee-based businesses grew by 23%. 2013 appears to be another challenging year for the global economy. We anticipate continued weakness in our European target markets. In Asia, which has been the worlds economic engine these past four years, growth is likely to moderate. Despite the cooling of Chinas economy, the tourism market both inbound and outbound is expected to continue to grow.The Chinese governing is aggressively promoting domestic tourism as part of its strategy to increase domestic consumption, thereby cus hioning the slowdown in export manufacturing. Banyan Trees strong branding and rapidly expanding footprint in China allow position us to take advantage of this trend. Our sevener regional marketing offices in China will be priceless in enabling us to tap the vast potential of this market and to enhance awareness of our hotels with key accounts in China.Our strategy going forward will include continuing with our asset rebalancing to unlock value and deploy capital to more promising markets. At the same time, we are exploring the possibility of extending the successful Fund model into other areas. In terms of ontogenesis particular segments, we will be focusing on increasing income from our fee-based and property sales businesses. We have built the fee-based segment to a point where it straight off has an impetus of its own.On the property sales front, we plan to move into selling more primary and serviced residences. Primary residences under the Banyan Tree brand, We will also be going forward with the establishment of a tercet brand of residences to be wholly sold and managed by us. Rather than get by with local property developers, we will leverage our branding and design skills to market to a niche audience in China. We will also be going forward with the establishment of a third brand of residences to be wholly sold and managed by us.Catering to an entirely new market of price-conscious buyers, these properties will be smaller in size yet deliver the quality and innovation that are hallmarks of Banyan Tree. Strongly associated with our brand is the innovation of a triple bottom line. In our pursuit of economic, social and environmental success, we made major investments in resource conservation, training and benchmarking, greening and community efforts in 2012. Under the EarthCheck system of sustainability certification, we also planted in six-year a total to over 220,000 trees.Banyan Tree Hotels and Resorts offer an intimate retrograde experien ce featuring its hint blend of romance, rejuvenation and exotic sensuality. Our philosophy is based on providing a place for rejuvenation of the body, mind and soul a Sanctuary for the Senses. Placing special emphasis on providing guests with a sense of place, each Banyan Tree property is designed to fit into its natural surroundings, using indigenous materials as far as possible and reflecting the landscape and architecture of the destination.Pioneering he tropical garden spa concept with Asian health and beauty remedies passed down from generations, Banyan Tree Spa was created as the signature experience in all Banyan Tree resorts, to complement the Sanctuary for the Senses wellness concept. With the emphasis on high service standards and consistency, therapists are professionally trained at Banyan Tree Spa Academies in Phuket, Thailand, and Lijiang, China. The Banyan Tree Gallery supports local communities by exhibiting and retailing indigenous handicrafts, which are also foun d in the resorts.A quintessential highlight of the Banyan Tree experience, Banyan Tree Gallery aspires to recreate the unique Banyan Tree experience withits extensive selection ofAsian-style furnishings, Banyan Tree Spa collection, eco-friendly products, indigenous village handicrafts, ethnic apparel and accessories, and objects dart. Banyan Tree Holdings Limited is a leading, international hospitality brand that manages and develops premium resorts, hotels and spas. Its groundbreaking business model is based on seven business segments generating five-fold income streams that is unique in itself within the hospitality industry.This formula of developing and managing complementary product offerings with in-house talent makes it difficult for competitors to duplicate with the same level of success. Banyan Trees vertically integrate business model comprises Hotel investment Banyan Tree owns and manages luxury hotels under its brands, as well as hotels that are managed by other worl d-class operators. Hotel management Banyan Tree additionally manages properties under the Banyan Tree and Angsana brands for other owners.Canopy Marketing Group Pte Ltd A company wholly owned by Banyan Tree Services, Canopy Marketing Group Pte Ltd provides high-level strategic insights on sundry(a) global niche markets to drive top line performance of our diverse range of lifestyle products including hotels, resorts, spas, gallery, destination club and residential ownership. It has a full-suite of marketing capabilities specializing in the branding, marketing and promotion. Spa operations Banyan Tree Spa pioneered the tropical garden spa concept, and has since grown to over 60 outlets worldwide.Gallery operations The retail arm is consolidated under Banyan Tree Gallery, which comprises five brand segments located in over 70 stores worldwide. Hotel residences Hotel inventory are primarily sold under the brand appoint Banyan Tree Residences. Property sales Properties that are not part of hotel operations are sold by our subsidiary company, Laguna Resorts and Hotels, and its subsidiaries, in Laguna Phuket. Design and other services Revenue from design services is earned by Architrave, Banyan Trees in-house architectural arm. opposite service fees include income from operating golf clubs. Real Estate cordial reception Funds Banyan Tree Capital was set upto tap private equity and other sources of investments in order to provide a cost efficient structure to fund the Groups emerging developments. With more or less 8,000 associates of over 50 nationalities, the diversity of its workforce is a key stimulate of the Group and helps to inspire its international outlook. To address its talent development needs, Banyan Tree launched Banyan Tree Management Academy (BTMA) in 2008.This modify training facility located in Phuket, Thailand will train future Banyan Tree leaders needed to sustain organisational effectiveness and to make for the demands of its rapid g lobal growth. Part of Banyan Trees vision has always been to grow into a global business, with a portfolio of properties strategically displace around the world. The Groups mission is inextricably intertwined with its commitment to incorporate social responsibility and sustainable growth, as it continues to expand globally.The launch of Banyan Tree Residences, which allows investors to buy their own signature villa, townhouse or apartment in Banyan Tree resorts. Banyan Tree Private Collection was launched to bring home the bacon to the growing niche for destination club membership 2005 Marking the groupings long awaited foray into China is Banyan Tree Ringha, in Yunnan. 2001 Banyan Tree established the Green Imperative Fund to formalise its corporate social responsibility efforts. The Banyan Tree Spa Academy was set up to provide training for new therapists as well as research new treatment recipes and techniques.Banyan Tree Capital is a concrete res publica fund management com pany established by the Banyan Tree group, a renowned luxury hospitality company listed in Singapore, to focus on hospitality-based real estate investment. Banyan Tree Capital raises, develops and manages branded hospitality funds in key development markets of the Banyan Tree group. With a combination of fund management and asset development capabilities, Banyan Tree Capital leverages on the groups expertise in premium hospitality real estate development and anagement to generate attractive investment returns for its investors. Banyan Tree Capital is headquartered in Singapore with offices in China and Vietnam. We have successfully achieved higher room rates than the existing market in locations such as Lijiang, the Maldives and Seychelles. We have also found that our iconic brands also help raise the value of the surrounding land. Our innovative city products combine all the iconic elements of our brand and differentiate developers within established, high cost city markets.We have the flexibility and capabilities to adapt our model to various locations so as to maximize returns for the developer As part of our strategy of enlarging our footprint in China, we will also be launching two more hotels in abduct and one in Tianjin, adding to our ever growing presence in various gateway cities. We are also employing our capabilities all across China, where large tracts of land are being developed into gated residences and luxury hotels offered to the Chinese elite.One of Banyan Trees prime concerns is its associates. We pride ourselves in providing high levels of service excellence and providing tailor made training and career development programmes for our employees. No stone is left unturned in regards to training and proper inception before a Banyan Tree is put into operation. Trained to the sanctioned standards of 5 star hotels. Employees were empowered to exercise creativity and sensitivity although the severe administrative rules of the management.Employe es were taken to and from work in air-conditioned buses, access to various amenities (good-quality canteens, medical services, childcare facilities). Banyan Tree is one of the worlds biggest and well known spa operators. Our levels of quality and service are unparalleled and uncompromised. We are the only vertically integrated hospitality company with strong capabilities to tackle and anticipate the challenges of master planning and developing an integrated resort. We are able to take a property from inception to sales pitch with efficiencies that is entirely brand specific.Our n-house design team, Architrave, and project services team are extremely involved in all phases of the development master planning, designing, developing and coordinating, to ensure developers a timely delivery of their asset. Being experienced developers, we are able to ensure that efficiencies and economies of scale are maximized along with guest experiences. Bintan, the Maldives and Phuket where the Angs ana resort is positioned next to a Banyan Tree resort with shared back of house facilities. This model has allowed us to lower costs without cannibalizing rates, thereby boosting returns for our developers.