Snippet from the news announcement:
Marking its continued presence at the biggest travel trade exhibition in the Middle East, Banyan Tree is giving visitors to ATM the opportunity to discover the Banyan Tree experience in Zabeel Hall, stand number HC740, where visitors can preview the luxurious lifestyle that Banyan Tree conceptualizes.
· At ATM 2010’s speaker seminar, Ms. Chung is one of the keynote speakers addressing the latest issues and developments in the travel and tourism industry. Ms. Chung offers participants an insight into Luxury Tourism, focusing on the trends of family travel and wellness amongst the domestic and outbound markets in GCC, as well as the opportunities and challenges that this presents in the market.
The MENA region continues to be an important market for the Banyan Tree group where the following resorts are expected to open over the next two years: Angsana Eastern Mangrove, Abu Dhabi in 2011; Banyan Tree Sifah and Angsana Sifah in Oman in 2012 and Angsana Allgeria and Angsana 40 West in Egypt. Aside from the new developments that are specifically relevant to the Middle East market, visitors to the Arabian Travel Market will also have the opportunity to learn more about Banyan Tree’s unique and innovative vertically integrated business model, which include complementary product offerings such as spa operations, retail operations, hotel investment, hotel management, and design services.
· Banyan Tree Hotels & Resorts also have a strong spa presence in the Middle East, with a total of 10 Banyan Tree and Angsana-branded spas. In addition, Banyan Tree's global expansion plans remain on track with 5 resorts expected to open by the end of 2010 and 4 new hotel management contracts were signed in Q4 2009. Since the onset of the financial crisis in March 2008, Banyan Tree has signed over 20 new hotel management agreements and more than 10 spa management agreements.
