Banyan Group’s diverse ecosystem thrives in dynamic, high-growth markets, effectively addressing the evolving needs of discerning travellers. In 2023, we marked significant milestones with the introduction of our inaugural properties under the Folio and Angsana Heritage Collection brands, expanding our hospitality portfolio to encompass 12 global brands spanning 22 countries, nearly half of which feature a multi-brand presence. Noteworthy achievements include our entrance into the United Arab Emirates with the Banyan Tree Dubai, the introduction of Homm and Folio in Japan, Dhawa in Vietnam, Homm in China, and Garrya in Indonesia. As we celebrated our 70th property, our footprint experienced a 16% growth in keycount from 2022 to 2023. By end of year 2023, we proudly operate 75 hotels, 62 spas, and 14 branded residences, solidifying our position in the competitive hospitality landscape.