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Banyan Tree Holdings Names Arthur Kiong, Bernold O. Schroeder, and
Paul Rene Lee to Executive Appointments to Support Global Growth

Singapore, November 2010 – Banyan Tree Holdings Limited (“Banyan Tree” or “Group”), a leading manager and developer of premium resorts, hotels, spas and galleries, announces new executive appointments for three of its senior executives, to support the Group’s rapid global expansion.
With 30 hotels operating at year-end 2010, the Group is expected to almost double its number of properties by 2013, with 22 in Asia Pacific, 18 in China and 16 in EMEA and the Americas. Commenting on this rapid rate of growth, Mr Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings said, “This is a crucial turning point for Banyan Tree as we move into the next phase of expansion alongside economic recovery and the unrelenting rise of China. These new appointments are critical in preparing us for the journey to becoming a truly global hotel group.”
The key appointments are Mr Arthur Kiong, Managing Director, Hotel Operations (Asia Pacific) and Senior Vice President, Group Marketing Services.  Mr Kiong will now have charge of hotel operations for Banyan Tree and Angsana branded hotels in Asia Pacific, as well as overseeing Group Marketing Services with business units comprising Field Performance Support, Worldwide Sales, Marketing Communications, Revenue Management, Global Reservations Operations, Customer Relationship Management and e-Business.
Mr. Bernold O. Schroeder is appointed Managing Director, Hotel Operations (Americas & EMEA) and Senior Vice President, Business Development (Americas & EMEA). In addition to being responsible for all the operational aspects in the properties in these regions, he will be also responsible for sieving out new business opportunities for expansion in EMEA and the Americas.
Mr. Paul Rene Lee is appointed Regional Director, Hotel Operations – China, and based at Angsana Fuxian Lake in Kunming, China. In his new role, Mr. Lee is responsible for leading, coordinating and supervising all operations and activities for the Group’s properties in China.
All the above positions take immediate effect and report directly to Mr Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings.
In 2011, Banyan Tree is expected to open Banyan Tree Riverside, Shanghai, Banyan Tree Macau, Angsana Hangzhou, Angsana Eastern Mangroves in Abu Dhabi, and Angsana Balaclava in Mauritius.

About Banyan Tree Holdings Limited
Banyan Tree Holdings Limited (“Banyan Tree” or the “Group”) is a leading manager and developer of premium resorts, hotels and spas in the Asia Pacific, with 28 resorts and hotels, 63 spas, 75 galleries and 3 golf courses. The Group manages and/or has ownership interests in niche resorts and hotels. The resorts each typically has between 50 and 100 rooms and commands room rates at the high end of each property’s particular market.
The Group’s primary business is the management, development and ownership of resorts and hotels.  This is centred around two award-winning brands: Banyan Tree and Angsana. Banyan Tree also operates the leading integrated resort in Thailand – Laguna Phuket, through the Group’s subsidiary, Laguna Resorts & Hotels Public Company Limited.


Ms Aileene Thangaveloo
Director, Marketing Communications
Tel +65 6849 5756
Fax +65 6462 3800

Tracy Lui
Senior Manager, Public Relations
Tel: +65 6849 5876
Fax: +65 6462 3800


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