Banyan Group Acquires Majority Stake in Newmark Hotels Reserves

The Banyan Group will acquire a majority stake in Newmark Hotels Reserves, adding a new dimension to the company's portfolio of hotels, resorts, and private reserves. The 'Newmark' brand and its local operations will remain unchanged. This move strengthens Banyan’s presence in the global hospitality sector, with a focus on luxury resorts and accommodations.