Banyan Tree Q4 net down 27% due to unrest in Thailand

THE political upheaval in Thailand has adversely impacted resort operator Banyan Tree Holdings, which reported a 27 per cent drop in fourth quarter net profit as earnings from its core market fell.

And looking ahead, the group expects operations to continue being negatively affected.

"We expect the group's Q1 performance to be below the same period last year," said the group in its financial statement.