Ho Kwon Ping gets appointed as managing director of Wah Chang Group from his parents. Ho Rih Hwa in 1980. He wanted to expand the family’s business of property development as his parents. So he looked for an appreciate site in an old tin mine in Phuket- the site at Bang-Tao Bay. He could see its potential – the land was just beside the sea, next to a coastline dotted with beautiful beaches. He turned to family and talked with his brother- Kwon Cjan. In 1984 they began their plan for a holiday resort. Ho brother’s plan was to develop five resorts linked together by the lagoon, they decide to the name the resort complex Laguna Phuket.
In 1991 Kwon Ping looking around Asia and made small team to expand the resort concept. So Banyan Tree Hotel & Resort was born in Thailand. Banyan Tree Phuket, the first boutique resort opened in 1994 in Phuket, Thailand with only 94 villas, in keeping with the owners’ vision of crating and intimate experience with location in exotic places.
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