In 2003 – Under the Banyan


Banyan Tree shelved ambitious plans for Sri Lankas leisure industry and will wait for the current political impasse to pass over. The Group took over management of Deer Park Hotel, a Club and Spa for Colombo Plaza and the reins of Beruwela Walk Inn, in 2003.
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Banyan Tree also planned to privately raise US$ 20 mn next year to fuel expansion plans in Sri Lankas leisure sector.

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