AccorHotels buys 5% in Singapore’s Banyan Tree, boosts luxury portfolio

Image sourced from AccorHotels website

AccorHotels has bought an initial five percent stake in Singapore’s Banyan Tree Holdings as part of Accor’s current strategy to strengthen its luxury hotels portfolio to give a boost to its earnings.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.