Banyan Tree has signed a management contract for a new Angsana branded resort and spa on the island of Grand Turk in the Turks & Caicos Islands as the hotel operator announced. This resort follows from Banyan Tree’s current development on the…
Banyan Tree has signed a management contract for a new Angsana branded resort and spa on the island of Grand Turk in the Turks & Caicos Islands as the hotel operator announced. This resort follows from Banyan Tree’s current development on the island of Barbados and will be the first Angsana Resort and Spa within the Caribbean region.
“This project affirms Banyan Tree’s strategic intent to be a key player in the Americas. The introduction of Angsana Resort & Spa Grand Turk, will bring our brand of Asian hospitality to a larger group of discerning travelers,” said Executive Chairman, Mr Ho Kwon Ping.
Developed by G.H.R.D. Ltd, the Angsana Resort and Spa Grand Turk is fronted by the crystal clear waters of the Caribbean and approximately a kilometer of white sand beach. The resort comprises a hotel block with 160 suites, multiple F&B outlets, conference facilities and Banyan Tree’s multi-award winning Angsana Spa. The development also consists of exclusive Angsana residential villas for sale.
These new developments are not expected to have any material financial impact on the Group’s earnings and its net tangible assets for 2007.
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