Creating a brand was about moving up the value chain.”, (Related: Banyan Tree Has Their Eye On The World). Well, let’s go back to this multi-hyphenate thing. Executive Chairman. Multi-what?” Ho asks, with some amusement. That’s what she’s trying to say.” All kidding aside though, it’s clear that this is a company that means a lot to her, filled with people she regards as her larger family. So, there’s a relief and gratitude that we are thriving and continuing to grow,” he qualified. Ho's father would eventually slip into a coma following a massive stroke in 1993, and eventually died age 81 almost six years later, in 1998. If you’ve ever wanted to shoot your shot at being an influencer, now’s your chance. Why embark on significant growth now? “I think we were always brought up with the sense that this is an opportunity we can personally take on if we feel it fits our personal purpose,” says Ren Yung of the Banyan Tree business. He is obsessive about family, for instance, despite all the travelling he has done and the years he has spent alone overseas — or perhaps that itself is the very reason he feels this way now. Take the opportunity to do so. An in-conversation from a recent digital event with Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings, and Andrew Yeo, Senior Associate, Global Counsel on the future of the global tourism industry, with a focus on Asian markets. “For various reasons, we’ve reduced our burn rate, we’ve negotiated bank loans. He was educated in Thailand, Taiwan, USA and Singapore. “I would say that I probably aspire to that as well.” A graduate of the London School of Economics (LSE), where she wrote her thesis on social entrepreneurship, Ren Yung has co-founded a number of businesses, most notably clothing label Matter, which focuses on collaboration with artisans and sustainable practices. Ho's dad is the late Ho Rih Hwa, and those of you from Singapore Management University (SMU) would likely recognise his name, from the university's Ho Rih Hwa Leadership in Asia Public Lecture Series. That’s a particularly crucial task as Banyan Tree Holdings prepares for rapid expansion. We now encounter guests with different needs and desires, and we need to have the capacity and empathy to understand how to adapt to them and create the experiences they would like to have. 4 October 1951, Singapore–) is a social activist, entrepreneur and author. Ho Kwon Ping, referred to as "K.P. We will be looking into unexpected travel destinations and delivering specialised experiences that are anchored by strong narratives.". Web development by Ripplewerkz. It's not did I become rich, did I become famous, but did I really live a life of purpose, of excitement, of meaning for myself — or did I just sleepwalk through it, kind of not knowing what I wanted to do, and then sort of wake up one day and (realise) you haven't done anything with your life? An advocate for gender equality and education, she was a nominated member of parliament from 1997 to 2001, and inducted into the Singapore Women’s Hall of Fame in 2018. We also want to help develop the people in the communities we work in,” says Ho. Banyan Tree He was even invited to tea (yes, that tea), and almost found himself being fielded on the People's Action Party's slate of candidates in the 1984 General Election. Banyan Tree Founders, Ho Kwon Ping And Claire Chiang, Together With Daughter, Ho Ren Yung Talk About Their Entrepreneurial Journey As A Family, Executive chairman of Banyan Tree Holdings; married to Claire Chiang, Senior vice president of Banyan Tree Holdings; married to Ho Kwon Ping, Fellow of the SR Nathan Lecture Series at the Institute of Policy Studies. Ho Kwon Ping's foray into the business world came several years later when he decided to join the family business after his father suffered a stroke. But people in Banyan Tree know what our celebrations are like. Li has another son, Kwon Cjan, who is also involved in business. We had a really good time and we were talking about death... and without morbidity at all. Noting that former Prime Minister Lee Kuan Yew has essentially created a hegemonic Singapore national identity for us, SR Nathan Fellow Mr Ho Kwon Ping said that Mr Lee’s recent passing serves as a poignant reminder about how it is now time to forge our own identity based on a collective of diverse identities and histories. By Luke Clark | Oct 05, 2020 | Hybrid world as Yeoh Siew Hoon, founder, WiT, live on stage interviewed a virtual Ho Kwong Ping on Day 4 of WiT Experience Week at Marina Bay Sands Hybrid Broadcast Studio. Source: Institute of Policy Studies Flickr. Roshni Nadar Malhotra. Inspired by the work of women’s rights activist Shirin Fozdar, Chiang conceived retail arm Banyan Tree Gallery as a showcase for items created by rural craftswomen. The late Mr Yong Shook Lin, a prominent lawyer, was the father of Mr Yong Pung How. Claire Chiang Mr Ho Kwon Ping is the Founder and Executive Chairman of Banyan Tree Holdings and Laguna Resorts and Hotels, and Executive Chairman of Thai Wah Public Company. Mr Ho Ren Hua is a director and CEO of Thai Wah Public Company Limited and a director of Laguna Resorts & Hotels Public Company Limited. Ho was born in Hong Kong but lived his childhood years in Thailand where his father, Ho Rih Hwa, was Singapore's Ambassador to the country. Banyan Tree was born from this entrepreneurial zeal, and shaped by the ideals of the couple’s youth, not to mention a dash of bad luck. A world that looks to transcend bottom-lines will be one of collaboration, mentorship, and the … Has he any plans for this final burst of fire? Mr Ho joined the Banyan Tree Group (“BT Group”) as Associate Director of Corporate Development in 2010. “Customers today want experiences they have a personal connection with, and that make them see their own lives in a different way. That’s something that is really on my mind.”. He worked as a broadcast and financial journalist and was the Economics Editor of the Far Eastern Economic Review. “We are a brand known for well-being and sustainability. "I read stuff that I had written over 40 years ago to him — in aerogrammes and birthday greetings — and they were very warm and emotional letters which I'm glad that at that time he read all the emotional things I said about him... Ho describes his late father as "very kind and very close" to him, but not outwardly or physically emotional. About Kwon Ping grew up and studied in Thailand. “Philanthropy tends to mean you give to causes when you have extra money. How do we extend that brand presence in our guests’ lives beyond their stay at our properties? Ho Kwon Ping, the executive chairman of this hospitality group, is also the founding chairman of the Singapore Management University. Ho Kwon Ping was born in Hong Kong in 1952 although his father, Ho Rih Hwa, a businessman and diplomat, was born in Singapore. #Tatlergram: Where Do Our Society Friends Go for a Hotel Staycation in Singapore? “That idea of enabling local communities and showcasing their talents is something that is also very strong in our hotels in terms of how we source our artwork, the upholstery and fabrics that we use, and the design principles that underlie each of the hotels’ local sense of place,” adds Ren Yung. Ho shares that he was able to immerse himself in his late father's life by reflecting upon what he read and drawing parallels to his own life: "I noticed his notations in his diaries — about my being born, and then my son being born, his comment about his own health at a certain age, and my health, his comment about me joining the business. Enrique K. Razon Jr. Chairman and President. And we had finished two bottles of sake each (We double checked — the bottles were small). He says he … | “An analogy I use is that of animals crossing a river where they are in danger of being eaten by crocodiles,” says Ho. So blasé he was about it, though, that he decided against holding a fancy book launch or having it played up with too much fanfare — although a series of recent talks and interviews he has done have propelled him (more precisely, his views) back into the public eye. IPS-Nathan Lectures Singapore: The Next Fifty Years - Lecture III: Security and Sustainability by Ho Kwon Ping. Meanwhile, thank you and Claire for all the kindness you have showered on me, all these years. Ho Kwon Ping. (From left) Associate Professor Annie Koh, moderator; Mr Ho Kwon Ping, executive chairman of Banyan Tree Holdings and chairman of Singapore Management University (SMU); Dr … It was very touching for me (to read) how happy he was that I was going to come home finally and this and that, and then he had his stroke. In May 2000, Ho Kwon Ping was conferred an honorary doctorate by Johnson & Wales University, and later received the London Business School 2005 Entrepreneurship Award. “At that time, it was about building a foundation for Singapore, about education and jobs,” says Chiang. May 2, 2020, 5:00 am SGT; More. Founders Claire Chiang (left) and Ho Kwon Ping (right) / Image Credit: China Daily. Ho and Chiang came of age in the 1960s and ’70s, when much of Asia was still mired in poverty. Ho Kwon Ping's foray into the business world came several years later when he decided to join the family business after his father suffered a stroke. Over thirty years ago, back in 1984, Singaporean couple Ho Kwon Ping (65) and Claire Chiang (66) chanced upon a vast expanse of coastal land in Phuket, Thailand, that used to be a tin mine. As the late Lee Kuan Yew … All rights reserved. Banyan Tree Holdings is a Singapore-based leisure business group , which owns both listed and private companies engaged in the development, ownership and operation of exclusive luxury hotels, resorts, spa, residential homes and retail galleries based in Asia. He says he … And that's what led us to what we started with, in a completely not-morbid way — the remainder of his life. Certainly, the person Ho is is fascinatingly unique — ex-journalist, jailed and barred from travelling to the U.S. and also incarcerated under Singapore's Internal Security Act, founder of the Banyan Tree resort empire, and founding chairman of the Singapore Management University. Since then, the company has continued to stay ahead of the curve in this area. In every decision we make, we go beyond what is necessary because we are thinking about how to help people maximise their potential. For someone now running a large multinational company, Ho Kwon Ping's early career is perhaps surprising. Mr Yong Pung How, SMU Chancellor 2011–15. The total number of cases in Singapore stands at 57,915. Factories were staffed by what was then described as thousands of nimble Asian fingers, assembling small electronic parts or sewing things—cheap labour making cheap things for Western markets. As Banyan Tree turns 25, the Singaporean hotelier reflects on surviving crises, the importance of diversity, redefining luxury, and his biggest regrets. Indeed, what at first seemed like a brief idyll actually had a profound influence on their lives. By DestinAsian - September 8, 2020. A world that looks to transcend bottom-lines will be one of collaboration, mentorship, and the optimism of the Millennial generation. Our chat overruns, and Ho excuses himself, heads off to Chiang's birthday lunch and leaves us to see ourselves out. If not for you, I do not think I could have an active working life. As the eldest son, it was his duty to carry on the Wah Chang group of companies. The Straits Times, 2 May 2020. Ren Yung sees adaptability as one of the company’s core values, and one that is crucial today as guests become more diverse. Claire Chiang (b. We have to break down the traditional department silos, and put in the processes that enable us to express our brands consistently to ourselves and our customers,” Ren Yung believes. It is about thanking and celebrating our dedicated associates.”, With this new world, of course, comes new expectations. In September, special recognition events for associates will also be a key part of the anniversary gala celebrations. Founder, K11 Group. It also operates integrated resorts by subsidiary Laguna Resorts & Hotels. Ho's father would eventually slip into a coma following a massive stroke in 1993, and eventually died age 81 almost six years later, in 1998. “When it opens, guests will have a glimpse of a world that’s truly immersive.”, Indeed, a brave new world awaits, not just in the tropical wilderness of Singapore, but perhaps also in the self-perception of this homegrown brand as it starts a new chapter. ... Ho’s shift into the business world came several years later when he decided to join the family business after his father suffered a stroke in 1981. He went on to Tunghai University in Taiwan where the exposure to Chinese culture left a deep impact on him. And for some odd reason, we talked about death. | He tells us about his and his wife's last visit to Nathan at his home — they chatted with him for over two hours, enjoying Mrs Nathan's samosas. Without much research, they simply bought the land – without realising how polluted it actually was. Chairperson, HCL Technologies. 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