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Banyan Tree plans luxury homes for elderly

Mr Ho also said that Banyan Tree might go into the hospitality aspect of full-scale retirement homes for active elderly, such as providing physiotherapy that is close to what they have in spas.


MAINBOARD-LISTED Banyan Tree Holdings said it planned to offer luxury homes to the elderly in markets such as China, expanding into the nascent wellness sector.

This comes as the luxury resorts operator posted on Wednesday a Q4 net profit of S$8.4 million, reversing from...

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