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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:
Koh Phi Phi's Zeavola resort has won a five-star award in the sustainable hotel in Thailand category.
A wide-spread public outcry over a proposed coal-fired power plant in nearby Krabi has seen the project's environmental permit denied.
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