The owner of the Banyan Tree brand has taken a majority stake in a Cape Town safari and lodge operator. The deal is asset-light, adding fee income instead of bricks, and gives Banyan a foothold in safari and nature hospitality.http://dlvr.it/TVWwbT
The post Singapore’s Banyan Group Buys Newmark to Add 26 Hotels in Africa first appeared on Vacation Travel Listings.
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