Banyan Tree (A)

Banyan Tree Hotels and Resorts was established in 1994 by a group of Singaporean entrepreneurs. Within a short period of five years, Banyan Tree became a well-known luxury chain of hotels in Asia. In 1999, encouraged by its remarkable success, Banyan Tree began to explore the possibilities of offeri...

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Bibliographic Details
Main Authors: Xia, Yang, Gleave, Tom
Other Authors: Nanyang Business School
Format: Case Study
Language:English
Published: 2013
Subjects:
Online Access:https://hdl.handle.net/10356/99556
http://hdl.handle.net/10220/13550
http://www.asiacase.com/case/ntuAbcc/banyanTree-A.html
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Institution: Nanyang Technological University
Language: English
Description
Summary:Banyan Tree Hotels and Resorts was established in 1994 by a group of Singaporean entrepreneurs. Within a short period of five years, Banyan Tree became a well-known luxury chain of hotels in Asia. In 1999, encouraged by its remarkable success, Banyan Tree began to explore the possibilities of offering branded resort and spa services at some resorts. While the top management of the company was confident about Banyan Tree's skills and resources, the decision was not at all easy to reach, because the competitive environment in 1999 was very intensive. Besides, to establish branded resort and spa services, much like the company's previous efforts at brand building, all details would need to be carefully planned and managed. Period covered 1999 – 2002