[photopress:hotels_Banyan_Tree.jpg,full,alignright]The resort, hotel and spa operator Banyan Tree has signed on a new property in Shanghai. Banyan announced that it had secured the management of a new exclusive waterfront boutique hotel on one of the last available waterfront sites along the Shanghai Bund. The hotel is scheduled to open in 2010.
Banyan Tree has recently announced five projects in China, including two new city hotels in Beijing.
Interestingly it already has spa presence in Shanghai at The Westin on the Bund.
Source: ChannelNews Asia