Banyan Group Delivers Strong 1H25 Results Driven by Balanced Growth Across All Segments

Highlights 1H25

• Revenue increased by 15% compared to 1H24 with strategic growth across all business segments.

• Core Operating Profit increased 19% to S$39.4 million.
• Operating Profit increased 21% to S$43.3 million.

Key Financial Highlights

1H25 Results (in S$’ million):

Banyan Tree Holdings Limited ("The Group") posted strong performance for the half year ending 30 June 2025 ("1H25"), with a 21% increase in Operating Profit to S$43.3 million, contributing to an increase in PATMI to S$9.0 million. This is largely driven by a 15% increase in Revenue across all business segments — Hotel Investments, Fee-based, and Residences. These achievements are bolstered by S$168.8 million in residences sales, and 10 new agreements signed in the year.

Portfolio Expansion

As of 30 June 2025, Banyan Group operates 93 hotels and resorts, over 140 spas and galleries, more than 20 branded residences across over 20 countries, and is on track to celebrate its 100th property milestone with the Grand Opening of Mandai Rainforest Resort by Banyan Tree in November.

In 1H25, 10 new management contract signings were secured across Vietnam, Cambodia, Montenegro, Indonesia, and China as the Group continues to strengthen its presence in key markets. In Vietnam, the Garrya brand made its debut with the opening of Garrya Mu Cang Chai. The Group will also expand grow its footprint in the Philippines with the upcoming opening of Homm Mandaue Cebu.

In China — the Group’s largest market — the portfolio has grown to 34 hotels across five brands. To mark 20 years of operations in China, the Group will open five new properties in 2025: Banyan Tree Zhuhai Phoenix Bay, Angsana Zhoushan, Dhawa Beihai Weizhou Island, Homm Wenzhou Nanxijiang, and Homm Hengqin.

In the branded residences segment, Banyan Group unveiled two new projects in 1H25, extending geographical reach. In Europe, the sales launch of Banyan Tree Padilla Madrid Residences marks the Group’s first residential development on the continent, while in Thailand, the Group reinforced its presence with the launch of Banyan Tree Beach Residences Oceanus in Laguna Phuket.

Global Accolades Affirm Brand Strength

In 1H25, Banyan Group received over a hundred industry accolades, reflecting strong endorsement of its multi-brand portfolio. Highlights include more than twenty wins across categories at the Travel + Leisure Luxury Awards Asia Pacific 2025, where Banyan Tree was voted the #2 Best Hotel Brand and Dhawa Ihuru recognised for one of the Maldives’ Best House Reefs. Eight properties were awarded in the Forbes Travel Guide Star Awards, while Banyan Group Residences was named Thailand’s Most Awarded Developer for a second year running, with 15 wins at the Asia-Pacific Property Awards 2025–26.

¹ Operating Profit = EBITDA (Earnings before interests, taxes, depreciation & amortisation).

² PATMI = Profit after Tax and Minority Interests

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