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Banyan Tree inks deal with Pegasus to manage resort in Vietnam

Banyan Tree inks deal with Pegasus to manage resort in Vietnam
ttgasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttgasia.com Daily Mail and Mail on Sunday newspapers.

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Singaporean investor proceeds with $75mn project in Vietnam despite pandemic

Thursday, April 08, 2021, 20:00 GMT+7
Pegasus chairman Ricky Tan (left) and Vietnamese Ambassador to Singapore Tao Thi Thanh Huong. Photo: KinderWorld Vietnam
With their belief in Vietnam’s ability to control COVID-19 and recover from the pandemic’s economic fallout, Singapore-based Pegasus Investment and Consultancy JSC and Banyan Tree Hotels and Resorts have signed a hotel management agreement to open Dhawa Quy Nhon Vietnam upon the project’s completion in 2023.
The deal was inked in Singapore on Wednesday as part of the second phase of the Pegasus Education Tourism Complex for Dhawa Quy Nhon Vietnam, an eco-resort project with an estimated total investment of S$100 million (US$75 million). ....

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Pegasus inks agreement with Banyan Tree Hotels and Resorts to manage eco-resort in Vietnam

Pegasus inks agreement with Banyan Tree Hotels and Resorts to manage eco-resort in Vietnam
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.

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Pegasus inks agreement with Banyan Tree to manage Dhawa Quy Nhon Resort

Pegasus inks agreement with Banyan Tree to manage Dhawa Quy Nhon Resort
21:05 | 07/04/2021
Pegasus Investment and Consultancy JSC, part of KinderWorld Education Group, a flagship education institution from Singapore, and Banyan Tree Hotels & Resorts today signed a hotel management agreement to operate Dhawa Quy Nhon Vietnam upon the completion of the resort, expected in 2023. Â Â
Aiming to create an international tourist destination with beautiful landscape and architectural design, Dhawa Quy Nhon Vietnam will be managed by highly-acclaimed and deeply experienced Singapore hotel operator - Banyan Tree Hotels & Resorts - under its Dhawa brand.
Abdul Rashid, executive director and chief executive officer, Pegasus (left) and Eddy See, president and group managing director, Banyan Tree Holdings Limited (right) at the signing ceremony ....

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Global Luxury Hotels Market Report 2020-2024: Despite the Trade War with the US, China Continued to Dominate the Luxury Hotels Market Recording a Total Revenue of $60 Billion – ResearchAndMarkets.com

Posted on
3451
ResearchAndMarkets.com’s offering.
Luxury Hotels Market report provides in-depth analysis of the key market trends that are shaping the future of this segment and an analysis of the luxury accommodation market globally. Detailed market insight is provided on the Americas, Asia-Pacific, Middle East & Africa, and Europe. It also features profiles of some of the market’s leading players and looks at how companies can better meet their customers’ needs.
Key Highlights
Technology will play a major role in the revival of the hospitality industry. The pandemic has changed customer preferences and shifted them towards a mobile centric and automated experience, which can be facilitated through machine learning, artificial intelligence and the internet of things. Luxury hotels need to redesign their product offering to a more contactless one. ....

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