The
Singapore-based Banyan Tree Group recently inked agreements with Bacassa Developments (Barbados) Limited to establish a Joint Venture Development
company and an agreement to manage a resort in the plush real estate development at Black Bess Plantation, St Peter, Barbados. The Banyan Tree resort will be built
on an elevated five hectares parcel of land that overlooks the Caribbean sea.
Closer to home base is a deal with the Masuka Investment Group in Asia to manage an Angsana Resort and Spa in Bali, Indonesia. The new resort will comprise 31
apartments, 31 villas and an Angsana Spa in an exclusive cliff-side enclave overlooking the Southern Ocean coast, with each villa oriented to a stunning ocean view.
Banyan Tree in Barbados
Mr Mark King, the Co-Director of Bacassa Developments (Barbados) Limited said, "This is a very exciting time for the entire island of Barbados. The resort, 18-hole golf
course and real estate, will be a perfect blend of East meets West. This will significantly shift the paradigm of the tourism product Barbados has to offer. Bacassa looks
forward to commencing the Banyan Tree site development works before the year end."
The resort's famous pool villas - the first for Barbados - are in the planning stage. The Banyan Tree property is exclusively designed by Architrave Design and Planning
to capture the Asian appeal that is synonymous with Banyan Tree. The resort sits in a commanding position above the prestigious West Coast of Barbados
and is surrounded by a kaleidoscopic landscape that includes small cliffs, gullies and dense forestation.
Angsana Resort and Spa in Bali
The Angsana property in Bali comprises four hectares of prime cliff-top land on the most southerly tip of Bali, known as the Tepi Kahyangan project. It belongs to the
Masuka Investment Group.
Mr Dermot Monaghan, Co-Chairman of the Masuka Investment Group said, "I am thrilled and delighted to announce our partnership with Banyan Tree Group, Asia's
leading luxury resort brand. The fine combination of stunning design, breathtaking location and now a first class manager will make Angsana Resort and Spa, Bali, one
of Asia's premier resort destinations."
The Angsana resort will be developed by Gfab, a prominent international architecture practice. The signature Angsana style will be conceptualised with creative
consultation from Architrave Design and Planning.
From next year onwards, upcoming Banyan Tree hotels and resorts will be
located in China, Bahrain, Koh Samui, Mexico, Greece, Morocco and Dubai.
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