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Banyan Tree Seeks Investors For UAE Expansion

CEO targets new partnerships for Dubai and Abu Dhabi properties

Dominic Ellis
Dominic Ellis

06 February, 2013

Banyan Tree Seeks Investors For UAE Expansion

TT

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Banyan Tree Hotels and Resorts is on the look-out for new investors in order to expand in the UAE.

The operator, whose Middle East portfolio comprises Banyan Tree Al Wadi and 32-villa Banyan Tree Ras Al Khaimah Beach, is keen to expand in Dubai and Abu Dhabi.

Abid Butt, Banyan Tree Hotels & Resorts CEO, who visited the UAE recently, said: “We are looking into various opportunities in the UAE to launch new hotels and resorts by forming new alliances and partnerships.”

The Banyan Tree Group manages and owns 30 resorts and hotels globally, predominantly across Asia and the Indian Ocean (Banyan Tree Seychelles pictured).

Last year it announced plans to open an exclusive all-pool-villa resort in Kerala.

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