Banyan Tree Holdings Announces Partnership with AccorHotels
An agreement between Banyan Tree Holdings (which manages 43 luxury hotels and resorts) and AccorHotels has been announced today as both parties intend to collaborate to develop and manage Banyan Tree branded hotels around the world. Banyan Tree will also have access to AccorHotels’ global reservations and sales network, as well as its loyalty programme Le Club AccorHotels.
Photo Credit: Banyan Tree Lijiang
AccorHotels will invest an initial SGD 24 million (c. €16 million) in Singapore-based Banyan Tree and both parties will then co-develop the brands owned by Banyan Tree around the world. This investment will be made through a mandatory convertible debenture that at conversion will give AccorHotels an approximately 5% stake in Banyan Tree. AccorHotels has an option to purchase an additional approximately 5% stake.
Cathay Pacific has officially reopened The Bridge lounge at Hong Kong International Airport (HKIA) as of 7 May 2025. Fully redesigned with a refined “living room” aesthetic, the 27,000+ sq ft space features new dining concepts like The Nook, upgraded shower suites, and a dedicated First Class section. Perfectly timed ahead of The Wing renovations, this revitalised lounge is once again a must-visit for eligible Cathay Pacific and oneworld travellers transiting through HKG.