MOVERS & SHAKERS Ho Kwon Ping Executive chairman, Banyan Tree Holdings
One of Singapore’s most prominent busi- nessmen, Ho Kwon Ping opened the first flagship Banyan Tree Resort and Banyan Tree Spa in Phuket, Thailand in 1994. The launch followed the successful rehabili- tation of an abandoned and polluted tin mine that the plot was situated on and since then Banyan Tree has become as well known for its environmental policies as it has for its ultra-luxurious offering. Today, Banyan Tree is a leading man-
ager and developer of premium resorts, hotels and spas worldwide. It has close to 70 spas – operating under the Banyan Tree Spa, Angsana Spa and Elements Spa by Banyan Tree brands – and plans to open 40 more by 2014. In 2001, it was also the first operator
to open a therapist training academy (in Phuket) and has since established two more in Bintan, Indonesia in 2003 and Lijiang, China in 2007.
What’s your vision for Banyan Tree? To build a globally recognised brand which, by offering exceptional experiences, instill- ing pride and integrity in our associates and enhancing the environment, will deliver attractive returns to our shareholders.
What makes Banyan Tree stand out? Banyan Tree has always believed in being different from other hotel brands (see SB11/2 p26). Its pioneering and can-do
38 spa business handbook 2012
spirit has steered the company to many uncharted territories to earn its place as one of the industry leaders. We’ve been listed on the Singapore Exchange since 2006 and have been included in the FTSE ST Mid Cap Index since 2008. Our strong brand, integrated capabilities
and experienced, multi-disciplinary man- agement team are key drivers in our success across diverse markets. Such cohesiveness is vital in ensuring a consistent brand iden- tity synonymous with an established player in the hospitality industry that is constantly outdoing itself in its growth.
We typically opt for stunning locations
and also gateway cities for our resorts and spas, with the hope of creating the romance of travel and unforgettable holiday experi- ences for our discerning guests.
How did you first get into the spa business? When we first opened Banyan Tree Phuket, the resort did not have a beachfront for the guests’ relaxation. The idea of creating a spa thus came to my mind. After meetings with spa consultants who recommended the conventional European clinical look and concept, I decided to go with my heart on creating and innovating a haven which was at one with nature and which depicted a unique sense of place. I envisioned a tropi- cal garden spa ambience where guests could connect with nature and luxuriate in a pri- vate outdoor open concept setting. The first Banyan Tree Spa opened in
Phuket, Thailand in 1994. It pioneered the tropical garden spa concept with its eastern therapies and holistic focus on spiritual, mental and physical harmony. Banyan Tree Spa Phuket was the first lux- ury spa in Asia to re-introduce an exotic blend of Asian-inspired ancient health and beauty practices.
What’s the key to Banyan Tree’s success? Since inception, we have won over 220 awards and accolades, which has strength- ened our brand presence as the trendsetter
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