The first Frontel-branded property is the 1350-key Frontel Village Hotel. The first Frontel-branded property is the 1350-key Frontel Village Hotel.

14 Banyan Tree eyes ME expansion as RAK revenue doubles
Bangkok-based luxury operator sets Gulf high on the agenda

Banyan Tree Hotels and Resorts is eyeing further expansion in the Middle East as revenue increased by more than 50% in 2012, faster than all its other feeder markets including China.

Banyan Tree Hotels and Resorts CEO Abid Butt said: “We are really encouraged by the increase in business from the Middle East and hope to build on this momentum. Total room nights grew by 65% and revenue increased by 53%.”

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Banyan Tree Hotels and Resorts will expand its presence in the Middle East with the launch of Angsana Sifah in Oman in 2015. The resort will offer 200 suites and will be part of a development that includes villas, apartments, an 18-hole golf course and a marina.

Parent company Banyan Tree Holdings reported a 3% increase in total revenue and a 51% increase in operating profit in 2012 which it says was largely due to successful hotel investments.

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