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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:
Laguna Phuket has become the first Asian destination or integrated resort to attain EarthCheck's Silver certification.
Soneva Resorts and Residences has bagged been declared the winner of the WTTC (World Travel and Tourism Council) Environment category in their global awards.
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