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Banyan Tree to increase presence in Phuket

Luxury Hotel and Resorts Developer Banyan Tree Holdings Limited is poised to increase their presence in the popular South East Asian Beach Destination of Phuket.

The Angsana Phuket will be launched towards the end of the year, as the group takes over the existing property from the expiring lease of Sheraton Laguna. Over 0.5 billion baht will be invested in an extensive refurbishing exercise, which will include the lobby, rooms and restaurants.

In addition, the group will also revitalise and expand its current Banyan Tree Phuket resort to house another two brands. Besides the existing Banyan Tree brand, which is catered to couples, Banyan Tree Spa Retreat will be developed to serve the wellness segment, while DPV will be launched to cater to the Luxury Travel market. All 3 brands though will be launched separately.