This increase is largely driven by an increase in revenue across all its business segments — Hotels Investments, Fee-based, and Residences, according to the group.
Banyan Tree Holdings has reported earnings for the FY2024 ended Dec 31, 2024 of $42.1 million, up 33% y-o-y.
For the 2HFY2024, the hotel operator’s earnings came in 17% y-o-y higher at $35.9 million.
