Banyan Group Expands East China Portfolio with Opening of Angsana Zhoushan

In its 20th year in China, Banyan Group (“Banyan Tree Holdings Limited” or the “Group” – SGX: B58), an independent global hospitality company, has expanded its largest market to 36 operating hotels with the openings of Angsana Zhoushan in Eastern China. Two more hotels — Banyan Tree Zhuhai Phoenix Bayand Dhawa Beihai Weizhou Island — are slated to open later this year, keeping the Group on track to celebrate a global milestone in November with the Grand Opening of Mandai Rainforest Resort by Banyan Tree in Singapore, its 100th hotel.