Wednesday, November 14, 2007

Banyan Tree To Develop, Operate 2 Luxury Resorts In Philippines

Source :Channel NewsAsia, 14 November 2007

Banyan Tree has set up a joint venture to develop and operate two luxury resorts in the Philippines.

The resorts are to be built on Dinaran Island and will cost around US$70 million.

They will be Banyan Tree's first project in the country.

The luxury resorts operator will provide architectural and interior design concepts for the resorts.

The project is targeted for completion by 2010. - CNA /ls

No comments:

Post a Comment