CNBC has announced that Executive Chairman of Banyan Tree Holdings, Mr Ho Kwon Ping, has won this year's Travel Business Leader Award in Asia Pacific (TBLA). 

The award was presented to Mr. Ho Kwon Ping during the Asia Travel Leaders Summit (ATLS) Gala Dinner on 16 October 2012. (Image below, 2nd from the right)

CNBC's TBLA recognises the business pioneer who has demonstrated leadership excellence in the travel and tourism industry – driving growth, success and profitability. Candidates for this award come from the following sectors: airlines, hospitality, attractions and tour operators, travel agents, and airports.

"The CNBC Travel Business Leader Award is our way of celebrating and recognizing business leaders who through strong innovation and effective management skills are paving the way forward in this dynamic sector," said Mr. Satpal Brainch, President and Managing Director, CNBC International.