Banyan Tree Holdings Limited achieved 68% increase in Core Operating Profit. The Group debuted the first Folio in Japan and currently operates 72 hotels and anticipates 3 more openings.
Revenue more than doubled to S$119 million, due to international travel recovery contribution.
Operating Profit achieved S$26 millon vs previous loss of S$ 16 million.
Hotel RevPAR increased 23% (o...