Article: Banyan tree's next step. (global update: profile).(Banyan Trees Hotels and Resorts)(Brief Article)

SINGAPORE Growing by 1.6 hotels per year is not fast enough for Ho Kwon Ping. The founder and chairman of Banyan Trees Hotels and Resorts is in a confident mood about opportunities and his six-year-old company's ability to take advantage of them. "For financially strong players, the current steep decline in the global hospitality industry is a good time to expand through new projects or acquisitions," says Ho. "The weaker players will drop out. When the rebound comes, it is likely to be strong because of pent-up demand for holidays."

Despite the chain's relatively short track record, Ho learned first-hand how cycles make and break companies. Asia's economic ...

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