I’ve seen many offers in my time since starting Atas Accountant. You hear of scoring sweet upgrades from economy to business class, racking up thousands of air miles on the go, but this Banyan Tree offer might be the best one I’ve come across so far.
Banyan Tree is a hospitality company that planted its roots in Singapore back in 1994. Since then, they have grown to having a portfolio of more than 40 bespoke hotels and luxury resorts worldwide.
Banyan Tree may have launched the deal of post-pandemic woes with their latest product called the Habitat Pass, which permits guests to pre-purchase stays in 7 night blocks at eligible hotels for a significant discount (think up to 80%!)
When I say significant, think about US$1,000 stays per night reduced to US$200. That got you in the mood yet? Let’s dig in!
Banyan Tree Habitat Pass
The first thing to note is that Banyan Tree has 3 different categories of hotels/resorts in their portfolio. Think Hilton which has Conrad, Doubletree, Canopy, or Marriott which has Ritz Carlton, JW Marriott or Design Collection. For Banyan Tree, here are the following:
- Banyan Tree: The flagship and most prestigious of all three brands, consisting of both bespoke hotels and luxury resorts and
- Angsana: A more budget-friendly option, focusing on resorts instead of city hotels
- Cassia: Classic serviced apartments at a lower price than Angsana
With that out of the way, here’s how the pass works. You have to purchase a unit, consisting of 7 consecutive nights to load into your Habitat Pass. You can load up to 4 units into your Habitat Pass, which will allow you to have 4 units of 7 consecutive nights, which also comes in cheaper compared to buying individual units.
Here’s how units are priced per brand.
|US$1,750 (US$250/night)||US$840 (US$120/night)||US$700 (US$100/night)|
|2 units (14 nights)||US$3,150 (US$225/night)||US$1,540 (US$110/night)||US$1,260 (US$90/night)|
|3 units (21 nights)||US$3,780 (US$180/night)||US$2,100 (US$100/night)||US$1,512 (US$72/night)|
|4 units (28 nights)||US$4,200 (US$150/night)||US$2,520 (US$90/night)||US$1,680 (US$60/night)|
According to each brand, units can be consumed in these eligible properties.
Most importantly, individual units cannot be split among different properties. For example, if i were to purchase a unit under the Banyan Tree portfolio, I will not be able to stay 2 nights at Banyan Tree Hangzhou and the remaining 5 nights at Banyan Tree Jiuzhaigou. I will have to purchase 2 units, which will then allow me to stay at both properties at 7 nights each.
Naturally, cross using the units across different portfolios is not allowed as well.
When booking, do take note to key the code ‘habitat’, your eligible booking will then reflect accordingly.
Perks/T&Cs of the Habitat Pass
All stays booked under the Habitat Pass will award you a stay for 2 adults in the base room category, daily breakfast for 2 adults and hotel credits that can be used for restaurants, spa facilities, water sports (with terms and conditions).
The credits under each portfolio are as follows:
- 1 unit: Up to US$150
- 2 units: Up to US$300
- 3 units: Up to US$400
- 4 units: Up to US$700
Stays can be cancelled for free up to 24 hours before arrival. Stays under the Habitat pass will also not earn Accor points or airline miles.
The Habitat Pass has a validity of 12 months from the date of purchase. Thus, if you are buying multiple units, you can stretch the utilisation of the units to up to a year.
Habitat Passes are also fully refundable if a request is made within 90 days. However, no units must have been utilised. That’s to say that if you bought a 2 unit Habitat Pass and if you have utilised one unit within the 90 days, that will also not be eligible for a refund.
The full T&Cs can be found here.
Potential Cost Savings
Now that we’ve gotten the nitty gritty details out of the way, let’s talk about the potential cost savings. When you look at the list of the destinations Banyan Tree offers, Maldives is definitely the pick of the bunch.
A one night stay at the Banyan Tree Vabbinfaru costs about US$550 before taxes. With the Habitat Pass, you are paying US$150 net, which comes with free breakfast and additional hotel credit. Now, that’s a steal!
There seems to be blackout dates for the Banyan Tree Vabbinfaru, based on my selection of dates. As you can see below, the first week of April is blocked out. This may vary with each property, so be sure to test around the dates before committing.
I don’t call this the best deal I’ve seen for nothing. I’ve seen airlines offer 1-for-1 redemptions on First Class seats and so many others. Just for context, many of my clients who are couples are already planning to use these for their honeymoon trips.
Basically, you are firming up your stays at a group of hotels at a fixed price, and not just any hotel. It’s Banyan Tree with their world-famous resorts. For Banyan Tree, this is obviously a great financial vehicle to inject cash into the business. And for us guests, it can be a worthy bet to hedge against fluctuating prices at each hotel.
My two cents here: I’m pulling the trigger. I have a friend who similarly is feeling the pain of prolonged closed borders. Even a short term plan to nearby Southeast Asia for the first week now sounds amazing. We can then utilise the other units for somewhere more exotic like Mexico and Maldives next year sounds brilliant. The huge savings versus daily rates and the concept of staying somewhere long enough to live and work by the beach sounds A LOT more fun than most work from home setups right now!
Will you be taking up the Habitat Pass by Banyan Tree? Which places are you eyeing?