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Banyan Tree records worst full-year loss ever

Friday, February 26, 2016 - 05:50

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RESORT group Banyan Tree, hit by what its chief said was a "perfect storm", turned in its worst full-year loss in its history last year.

Singapore

RESORT group Banyan Tree, hit by what its chief said was a "perfect storm", turned in its worst full-year loss in its history last year.

Q415 found it in the red, with an S$18.36 million loss, a reversal from a profit of S$4.13 million a year ago.

This was despite

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