Recently, Banyan Tree announced their latest project, a new brand called Cassia which will move the award-winning brand into the serviced apartment sector. Utilizing its expertise in design and innovation, Banyan Tree will now have three brands under its umbrella. Cassia will include one- and two-bedroom units aimed at upper middle-class travelers looking for extended-stay rentals.
![cassia](http://cdn.justluxe.com/articles/galleries/68886.jpg)
Part of the brand’s plans to add 66 hotels and resorts, 115 galleries, and 117 spas across 33 countries by 2017, Cassia is already underway in Lijiang, China; Bintan, Indonesia (45 percent sold); Phuket, Thailand (70 percent sold); Beruwala, Sri Lanka; and the Gold Coast, Australia. Additionally, they will open seven more locations in Chiang Mai, Thailand; Brisbane, Australia; Japan; New York, USA; Seychelles, Africa; Bangkok, Thailand and Lang Co, Vietnam.
![cassia](http://cdn.justluxe.com/articles/galleries/68887.jpg)
Starting at around USD $143,175 for a one-bedroom apartment, clients can also choose to invest in one of the homes and enjoy additional lifestyle benefits. For those looking to book the properties only, the beautifully-designed homes range from around 114- to 180-square-feet.
![cassia](http://cdn.justluxe.com/articles/galleries/68888.jpg)
All the public spaces at Cassia’s developments offer fun atmospheres for guests to relax in and meet other travelers through the activities, games and a daily social hour. Also on site will be a gym, bar, activity room, pool, convenience mart and laundry and home delivery options in each location.
![cassia](http://cdn.justluxe.com/articles/galleries/68889.jpg)
For additional information on rates, master and building plans, destination guides and owner benefits, visit the group’s website.
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