Banyan Tree signs New Management Contract in Turkey

Travel News Asia Tuesday, 4 September 2007

Banyan Tree Holdings, a leading developer, designer and operator of top-tier hotels, resorts, spas and galleries worldwide, has signed a new management contract for a property in Turkey.

This follows earlier signings in the year of management deals in China and Mexico. This project exemplifies Banyan Trees ability to continually lead the markets by tapping into what we see as Bodrums yet unrealized potential as a high-end resort and vacation home ownership destination. Banyan Tree Bodrum is another key step in the groups diversification into key regions globally, said Executive Chairman, Mr Ho Kwon Ping.

In its first foray into Turkey, Banyan Tree will manage a boutique resort and residential development located in the northern coast of the Bodrum peninsula. Developed by Osmanli Yapi 1 Insaat Turizm Sanayi ve Tic. A.S., a subsidiary of the London listed Ottoman Fund, the site is a scenic 45-minute drive from the Milas-Bodrum International Airport.

Measuring 18.5 hectares in size, the breathtaking terraced site will feature an all-pool villa resort and branded residences all of which will have unblocked views of the Aegean Sea and are backed by dramatic cliff terrains. The resort will also include a 4,000 square meter spa facility featuring Banyan Trees award winning spa treatments.

Built on the ruins of the Greek city of Halikarnassos, Bodrum today is an exciting yachting destination on the Turkish Riviera, a stretch of shoreline lined with ancient cities and deep natural harbours, and some of the most spectacular unspoilt scenery in Europe. Guests are treated to a privileged lifestyle with every facility within easy reach, as they choose to go outdoors or lounge indoors.

See other recent news regarding: Hotels, Banyan Tree, Turkey

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