Banyan Tree terminates agreement with Al Areen
Published by Irhal
April 13- The renowned Banyan Tree Hotels & Resorts announced today that it has terminated its management contract, effective immediately, for the Banyan Tree Al Areen Resort in Bahrain. On April 8, Banyan Tree issued a notice of intention to terminate its contract with Al Areen Holding Company, the owner of the resort in Bahrain, given the various breaches that occurred in the contract. It must be mentioned…
Meanwhile, Banyan Tree will also take legal action against Al Areen for this breach of contract.
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