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Posted: 10 Oct 2009 | 11:30 am
Banyan Tree holdings have announced a joint venture in China's Sichuan Province which will develop a hotel and sell branded villas on a leaseback arrangement. Using a model similar to the one they pioneered in Laguna Phuket the brand is targeting growth in one of the world's hottest property markets, China.
While branded real estate in many parts of the world have slowed to a virtual trickle of transactions the investment appetite in China remains healthy and growing back of strong domestic demand.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
Thailand-based Khiri Travel will highlight the opportunities of green travel at the upcoming PATA Travel Mart in Phnom Penh.
Both the Banyan Tree Phuket and Angsana Laguna Phuket resorts have been given EarthCheck bronze status.
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