Banyan Tree eyes projects in Malaysian secondary cities
Kuala Lumpur
MALAYSIA'S George Town, Ipoh and Melaka are secondary cities that Banyan Tree Hotels & Resorts is keen to put down roots should the right opportunity come along. Borneo's Sabah with its renowned rainforests is another place that appeals, said Banyan Tree Holdings executive chairman Ho Kwon Ping.
"We are always looking," Mr Ho said at a hotel management agreement signing ceremony between Banyan Tree Hotels & Resorts and property developer Harmoni Perkasa for the five-star Royale Pavilion Hotel on Wednesday. The Singapore company is also managing the 150-room Banyan Tree Signatures Pavilion Kuala Lumpur. Both hotels are located next to the Pavilion KL mall in the city centre and will offer nearly 500 rooms by the second quarter of 2017.
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