Le Méridien Hotels & Resorts Expands Into Vietnam

Le Méridien Hotels & Resorts Expands Into Vietnam Posted by Michael Gerrity 09/01/09 9:15 AM EST Author Bio | Archives Related Stories: (News Source: Starwood Hotels & Resorts Worldwide) (SAIGON, VIETNAM) -- Le Méridien Hotels & Resorts continues its expansion momentum in Asia-Pacific, announcing the signing of its first hotel in Vietnam : Le Méridien Saigon. Owned by Tien Phuoc & 990 Company Limited, Le Méridien Saigon will offer a European flair, and sophisticated, environment designed to appeal to the creative guest in Ho Chi Minh City's bustling central business district. Le Meridien Saigon "We are thrilled to announce the signing of Le Méridien Saigon as this marks the entry of Le Méridien brand into Vietnam and further strengthens the position of Starwood as one of the largest international upscale hotel chains in the Indochina and Thailand region," said Miguel Ko, Chairman and President of Starwood Hotels & Resorts, Asia Pacific. "Vietnam is amongst the fastest growing nations in Southeast Asia and in the world and has been experiencing strong leisure and business travel within and into the country. The growing demand presents us with tremendous opportunities to better serve the needs of travelers," Ko added. Starwood also recently announced the launch of a dedicated customer toll free number for Vietnam. Starwood is the first international hotel group to introduce a toll free reservation and enquiry hotline : 1206 5111 for customers in Vietnam. The calls are also answered by native Vietnamese associates. The launch of the Vietnam customer toll free number is timely as Starwood builds their foundation for its growing portfolio of hotels and resorts in Vietnam "Le Méridien is delighted to invite guests to embark on a voyage of discovery in Ho Chi Minh City. A former French colony, Ho Chi Minh City has a vibrant art and cultural scene and is a great fit with Le Méridien brand, which is committed to providing guests with an interactive and culturally enriching experience," said Eva Ziegler, Global Brand Leader, Le Méridien. Scheduled to open in July 2012, Le Méridien Saigon is part of a mixed-used 22-storey tower comprising of the hotel and office space. The hotel will feature 350 guest rooms, 4 restaurants and bars, a health club, an outdoor swimming pool, spa and close to 800 square meters of meeting space. Located on Ton Duc Thang Street, in the heart of Ho Chi Minh City and along the Saigon River, Le Méridien Saigon will be within walking distance to the commercial and entertainment districts of the city and about a 45-minute car ride (about 7 kilometers) from Tan Son Nhat International Airport. Vietnam is part of Southeast Asia, bordering the Gulf of Thailand, Gulf of Tonkin, and South China Sea, alongside China, Laos, and Cambodia and Ho Chi Minh City is on the southern tip of the country. A French colony from 1859 to 1954, Ho Chi Minh City, then known as Saigon, was laid out in rectilinear fashion with wide, tree-lined avenues and park which you can still see in the city today, along with historic French colonial buildings. Le Méridien currently operates 26 properties in Asia Pacific. This latest Le Méridien announcement highlights the significant development of the brand in Asia Pacific. In 2008 and 2009, Le Méridien opened a new resort in China: Le Méridien Shimei Bay Beach Resort & Spa and three new properties in Thailand: Le Méridien Chiang Rai Resort, Le Méridien Chiang Mai Resort and Le Méridien Bangkok. In the next 3 years, the brand will open 5 new properties in Asia-Pacific: Le Méridien Chongqing, Nan'an, Le Méridien Xiamen, Le Meridien Qingdao, Le Méridien Taipei and Le Méridien Saigon. Le Méridien, the French-born hotel brand currently represented by 105 properties in 50 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) in November 2005. Since then, Le Méridien has gone through a brand revitalization, which included appointing a full-time Cultural Curator - French arts-provocateur Jérôme Sans - and transforming numerous guest touch points, thus brining unique and interactive experiences to its guests. With close to 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provides a strong international complement to Starwood's primarily North American holdings. Plans call for dynamic expansion of Le Méridien hotels and resorts within the next five years, concentrating in the U.S., Latin America, and Asia-Pacific, including destinations such as India, Thailand and China. Le Méridien recently opened new hotels in Bangkok, Chiang Mai, Chiang Rai, Shimei Bay (China), will open in Dallas and Philadelphia in the coming months, and has recently signed new hotel deals in Taipei, Xiamen, Chongqing Nan'an, Qingdao (China) and Saigon (Vietnam).

Sheraton Dalat Resort Cooperative Agreement with Starwood Inc

Sheraton Dalat Resort Cooperative Agreement with Starwood Inc Tuesday, 09 November 2010 Da Lat city, Lam Dong province – November 08, 2010 - Robin Hill Tourism Ltd. (Saigon Invest Group) signed a cooperative agreement with Starwood Inc to manage the Sheraton Dalat Resort at Palace Hotel, 12 Tran Phu St. Attending the signing ceremony were Mr. Huynh Duc Hoa, Deputy Secretary of the Provincial Party Committee, Chairman of Lam Dong and other provincial senior leaders, Ms. Dang Thi Hoang Phuong, SGI's General Director and Mr. Ngo Manh Hung, Chairman of Robin Hill Resort, Mr. Miguel Ko, President and CEO of Starwood Asia Pacific. Speaking at the ceremony, Ms. Dang Thi Hoang Phuong offered appreciation to the enthusiastic support of the local government during the project's implementation and hoped to receive further assistance in the time to come. SGI's General Director stressed: "The Cooperative Agreementwith Starwood will enhance Sheraton Dalat's brand value, reputation and prestige. The Resort is expected to be completed and put into operation by 2014. Dalat Resort Sheraton will meet the increasing need of domestic and foreign tourists, improve quality of life and the region's economic development.” Representing Stawood Inc, Mr. Miguel Ko appreciated the project potential in the beautiful city of Dalat. To promote and expand Sheraton brand in Vietnam is one of Starwood main objectives. Mr. Ko said: "We are very honored to partner with Robin Hill Ltd. and Saigon Invest Group in many projects. This is our opportunity to establish Sheraton's brand awareness in Vietnam. " Mr. Ko also pledged to deliver a real Resort up to Sheraton standard. Representing the local government, Mr. Huynh Duc Hoa expressed confidence in investors and trust toward Starwood Inc. He said Lam Dong Province and Da Lat city will create the most favorable conditions for the project to be completed on schedule. Sheraton Da Lat Resort (total area of 17 hectares, $ 25M in investment), financed by Robin Hill Tourism Ltd., is located near the center of Da Lat, one of the most famous tourist cities in Vietnam. The project is designed and constructed according to international 5-star standard, including resort hotels, villas and luxury villas (150 rooms), with parks, recreation facilities, food and beverage stores... This is a part of Saigon - Lam Dong hotels & resorts project in the economic cooperation program between HCMC and Lam Dong Province.

LE MERIDIEN DANANG Resort & Spa

LE MERIDIEN DANANG Resort & Spa Friday, 31 October 2008 LE MERIDIEN DANANG Resort & Spa is among the largest-scale projects in Son Tra- Dien Ngoc and the third project in Danang developed by Saigon-Danang Investment Corporation (SDN), member of Saigon Invest Group (SGI). Le Meridien Danang Resort & Spa, total investment of 110M USD, situated on a beach area of 12ha with total floor area of 125,000 m2. The project includes a luxury 5 star hotel with 349 rooms (with living area from 55 to 126 m2), 149 deluxe apartments (floor area from 81m2 to 224m2) and 48 mansions (floor area from 336m2 to 853m2). Beside a 500m sea coast filled with sunshine and sea wind, the project is also home of a recreation complex equipped with swimming pools, gym, spa, restaurants and bars and a world-class conference room. Le Meridien Danang Resort & Spa, total investment of 110M USD, situated on a beach area of 12ha with total floor area of 125,000 m2. The project includes a luxury 5 star hotel with 349 rooms (with living area from 55 to 126 m2), 149 deluxe apartments (floor area from 81m2 to 224m2) and 48 mansions (floor area from 336m2 to 853m2). Beside a 500m sea coast filled with sunshine and sea wind, the project is also home of a recreation complex equipped with swimming pools, gym, spa, restaurants and bars and a world-class conference room. Le Meridien Danang is also an eco-friendly resort, resided in Son Tra – Dien Ngoc Beach and Non Nuoc tourist destination, the place was voted among the most attractive get-away destinations by Forbes in 2005. The resort is also located at the gateway to three of the world UNESCO cultural heritages: Hoi An, My Son and Hue. Le Meridien is closed to the city center meeting entertainment and shopping needs of tourists while still maintaining a quiet and recreational atmosphere of a 5 star luxury resort. Participating in Le Meridien Danang Project is a team of world-renowned design consultants like WATG (USA) architecture design, Indochine Engineering (Australia), Noor (France) interior design and BuregaFarnell (Singapore) landscape design. Starwood Hotels & Resorts Worldwide, one of the world's largest hotel companies which owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its nine owned brands St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® and Aloft®, is appointed to manage the resort. Le Meridien Danang Resort & Spa expected to be in business in 2013 to meet increasing demands of people for recreational activities and relaxation. Le Meridien will set a new benchmark for luxury hotels in Vietnam with it world class services and resources. The resort is anticipated to attract more international visitors to the city. Besides, the advent of Le Meridien and luxury hotel will meet the needs of domestic and foreign visitors. It will facilitate more business activities to improve the quality of life and to contribute to the city economic development.

Residents hold back Marriott

Residents hold back Marriott Ngoc Linh | vir.com.vn | Aug 14, 2012 08:22 am US-based ITC Spectrum LLC continues facing residents’ ire against its site clearance for a $250 million Marriott International resort project in central Binh Dinh province. Man Ngoc Ly, director at Binh Dinh Economic Zone Management Authority, said the provincial authority and the developer had not reached a compensation agreement with many households living in the Vinh Hoi tourism project site. “At the end last year, local residents agreed to take compensation cash and leave their home for resettlement areas. But they have changed their mind and asked for higher compensation,” said Ly. In the past two weeks Binh Dinh Provincial People’s Committee, Binh Dinh Economic Zone Management Authority and the developer had meetings with residents to negotiate compensation costs. However, Ly said the negotiations were not finished. “We have not reached a final agreement with local residents,” said Ly. Vinh Hoi tourism complex is among the first projects registered in Nhon Hoi Economic Zone in 2007, now known as Binh Dinh Economic Zone. ITC Spectrum LLC develops this project through a wholly-owned subsidiary Vietnamese-American Hotel and Resort Limited Company. In 2010, Marriott International signed a management agreement with the US developer to manage the project under two luxury hotel brands including Ritz-Carlton and JW Marriott. According to Marriott International, the 325 hectare project will be an oceanfront, fully-integrated, mixed-use development including three resorts, a championship 18-hole golf course designed by Robert Trent Jones II, residential villas, a retail village, an arboretum and other recreational amenities. However, until now, the developer and local authority have cleared only 135 out of 325ha. Total site clearance cost is about VND200 billion ($10 million). This cost will be covered by the developer and then it will get refunds through land rental exemption when the project is operational. Actually, the developer started building infrastructure system in the cleared site such as internal roads several months ago. But, Ly said this work was stalled because of the protest from local residents.

Cedar to slip into big plan

Cedar to slip into big plan Nhu Ngoc | vir.com.vn | Aug 13, 2012 13:22 pm The US-based Cedar Point International is ready to jump into the shoes of Polo Beach International and develop a giant recreation integrated resort project in Ninh Thuan province’s Mui Dinh tourism site. Pham Dong, director of Ninh Thuan’s Department of Planning and Investment, said Cedar Point International had filed an application with the provincial people’s committee to develop a hi-grade tourism project at the Mui Dinh site. “The developer even agreed to deposit $1 million for the project,” said Dong. No further information was revealed, but Dong said it would be a large project which could change Ninh Thuan tourism industry’s picture. Cedar Point International is a young firm founded in 2006 by a team of financial and operating executives to invest and operate in the world’s most promising emerging markets. In February, Ninh Thuan People’s Committee agreed in principle to allow Cedar Point International to develop this project. However, Dong said there were some procedures that needed to be addressed. Mui Dinh is where Hong Kong’s Polo Beach International proposed to develop a $4 billion casino integrated resort last year. According to the proposal of Polo Beach International, its project would cover 1,500 hectares, comprising resorts, casino facilities, high-rise villas, a golf course and other facilities. However, it was not approved by the government. “Cedar Point International’s project is smaller than the proposal of Polo and it does not include casino facilities,” said Dong. Located in central coastal region and closed to Khanh Hoa province with Nha Trang Bay, Ninh Thuan province has recently become a destination of some foreign developers in the tourism sector. American developer Livingston Group last month came to Ninh Thuan to survey Vinh Hy Bay and Chua Mount for building a high-class resort complex on 466ha and survey Doc Ham Ca Na area to build a Disneyland theme park on 1,500ha.

Mövenpick Resort & Spa Quy Nhon deal inked

Mövenpick Resort & Spa Quy Nhon deal inked | vir.com.vn | May 25, 2012 11:25 am Mövenpick Hotels & Resorts, an international hotel company of Swiss heritage,has inked a management agreement to become the official operator of Mövenpick Resort & Spa Quy Nhon in Quy Nhon province with Dviews Investment JSC. Mövenpick Hotels & Resorts, Asia-Pacific vice president of Development Jens O. Reichert said his company was pleased its brand had been selected by the developer and was excited about this outstanding new resort. He said the resort would be the first newly built property in Quy Nhon operated by an international brand. Pacific Land Services managing director Reno Mueller, the lead project consultant and owner’s representative, underpinned the project’s unique proposition for the market in terms of location, product composition, innovative design and brand positioning. “Quy Nhon and its surrounding region possess great tourism potential within the domestic market and as gateway to Cambodia, Laos and Eastern Thailand that will be further unlocked by continuing infrastructure development,” he said. The Mövenpick Resort & Spa Quy Nhon will boost 180 hotel rooms and 52 exclusive private villas nestled amongst ocean cliffs and offer extensive spa and leisure facilities, numerous dining options and conference rooms, a cliff-top golf putting green, a diving school, and its own private marina. The 22 hectare project will occupy a unique location on Phuong Mai peninsular in Nhon Hoi Economic Zone surrounded by pristine ocean cliffs and bordered by its own coral reef that is alive with many rare sea species. With crystal clear water and year-round sunshine the resort is set to become a top spot for relaxation and diving in central Vietnam. One of Dviews’ top priorities for the eco-friendly and sustainable development of the resort is to preserve the cultural heritage of Quy Nhon and its unspoiled environment and distinctive marine ecosystem. The developer aims for LEED Platinum certification (Leadership in Energy and Environmental Design) and Green Globe accreditation, a goal that is strongly supported by Mövenpick Hotels & Resorts. Construction for the main infrastructure is already well underway and the resort is slated to open in the first half of 2015. Mövenpick Hotels & Resorts, an international upscale hotel management company with over 16,000 staff members, is represented in 24 countries with 71 hotels and resorts currently in operation. A further 36 properties are planned or already under construction, including this year’s openings in Hurghada, Sharm El Sheikh and Abu Soma (Egypt), Ankara (Turkey), Chiang Mai and Koh Samui (Thailand), Palawan (Philippines), Dubai (UAE) and Paris (France). Dviews Investment JSC is the main equity investor and master developer of the Mövenpick Resort & Spa Quy Nhon. Dviews Investment JSC is an integrated real estate developer with long-term commitment to the Vietnamese and regional market. At present, the developer exclusively focuses on the Mövenpick Resort & Spa Quy Nhon and aims to sustainable development, harmony between innovative technology and local culture, obtain high international standards in architecture and construction.

Vietnam's online travel poised for growth

Vietnam's online travel poised for growth, says Buffalo Tours' Kien Posted on 17 May 2011 at 05:14 am by Yeoh Siew Hoon Recently, Wotif Group signed a joint venture with Thien Minh Group which will see the two parties establish an OTA under the brand of iviVu. WIT interviews Tran Trong Kien, a medical doctor turned travel entrepreneur, and founder of Buffalo Tours in Vietnam and Indochina. Q: What was the intention when you set up IviVu? While online travel distribution is still in its infancy in Vietnam and indeed in Indochina, there are some good signs to predict sustainable growth in the coming years. • Together with inbound arrivals, domestic and outbound travel is growing rapidly reaching over 30 million trips in 2011 • Internet penetration is pretty high (over 20 million internet users in Vietnam) • Good increase in credit card users (about two million now) • Hotels want to diversify their distribution channels and there are a lot of small hotels • There is no serious player yet in the OTA market servicing the local consumers. Changes are rapid and we believe online distribution will become an important channel. Perhaps reaching 10-15% in the next three to five years. Q: Why did you enter this JV? What do u hope to achieve? We realized that we needed technology, technical knowhow and world's best practices to succeed. A JV is like a marriage, we need someone we could work with for a long time, shared values and a company with similar culture. We are very pleased that we met Wotif Group. It will be a long journey but we want to be the best Vietnamese OTA with the largest trunk of market share in Vietnam and Indochina. Q: Tell me a little about how you got into travel – I heard you were guiding tours in Hanoi and then you set up Buffalo Tours? I was doing my last couple of years at Hanoi Medical School and needed a part time job in the summers. I enjoyed the work as a tour guide so much that after I graduated as a GP, I started Buffalo Tours. Q: Has it been tough establishing and growing Buffalo Tours? What makes BT different from other ground operators in Vietnam? Starting up is always difficult. It is even more so if you have no experience. We survived the first few years through hard work, creativity and courage. Buffalo Tours is unique because it is one of the few independent regional tour operators (we have our owned operations in Vietnam, Thailand, Cambodia and Laos and our own sales offices in London, Sydney). It is still locally owned with its unique culture (young, resilient, innovative, courageous, offering highest quality but still having funs and pretty efficient). We focus a lot on product and service differentiations and nurture a pool of exceptional staff. Q: Currently Chudu seems to be the only OTA - focused on hotel rooms. Will ivivu be focused only on hotel rooms as well or will it also have ground content and leverage its relationship with Buffalo Tours? And also Victoria Hotels which your company bought? There are many smaller portals in Vietnam created by entrepreneurs who are inspired by successes of Expedia, Ctrip, Wotif. There are a lot below the tip of the iceberg. To be truly successful online, you must have a clear value proposition for your customers and can make sure we deliver them well. That sounds simple but not easy to do. Our value is Vietnamese customers could book any hotel of our 18,000 domestic and global hotels, any time and get real time confirmation, real time customer service in our own langue and with flexible payment options.

Vietnam to invest billions in tourism.

Vietnam to invest billions in tourism. Wednesday, 31st August 2011 Source : HVS International Vietnam is planning on investing an estimated US$43 billion to develop its tourism infrastructure over the next ten years. This is part of the country's aim to boost its domestic and international tourist arrivals, from 28 million arrivals in 2010 to almost 50 million arrivals by 2020 for domestic arrivals, and from 5.5 million arrivals in 2010 to 10.5 million arrivals by 2020 for international arrivals. Twenty percent of this multi-billion dollar investment is set to come from the state, while the rest will come from local and foreign investors. There is current pressure to develop the country's hotel and resort industry instead of relying on Vietnam's heritage sites and natural scenery, with priority given to infrastructure development.

Ritz-Carlton to debut in Vietnam. Tuesday, 14th August 2012 Source : HVS International Ritz-Carlton is to open its first hotel in Vietnam with the signing of a deal to manage a property in Ho Chi Minh City. Slated to open in 2017, the 250-room hotel is located in the historic centre of Saigon, adjacent to the famous Ben Thanh Square market. The hotel forms part of the 48-floor integrated development called The One Ho Chi Minh City, which also includes prime office space, retail outlets and 350 luxury apartments. The hotel is designed by the award-winning American architect Bernardo Fort-Brescia of Arquitectonica Architects. ------ Bitexco The ONE Ho Chi Minh City,District 1, Ho Chi Minh City •Location: The ONE Ho Chi Minh City is located at the historical Ben Thanh Market plaza, where four streets meet, namely Le Thi Hong Gam, Calmette, Pham Ngu Lao, and Pho Duc Chinh. Ben Thanh Towers is also sit on top of future city Metro Center. •Land area: +/- 8,600 square meters •Level: 55 levels (240 meters) •Gross construction area: +/- 180,000 square meters •Scheduled construction period: 2011 - 2015 The project includes two towers which are connected by a podium. The 55-storey West Tower contains office floors in the lower half and a hotel in the upper half. The 48-storey East Tower contains the residential apartments, serviced by the hotel through the podium and basement. The architectural design has a cultural context as it refers to the Vietnamese myth of the Two Dragons. The podium represents the coiled tails, while the two dragons rise from the land. The cantilevered tops represent the dragon's heads. The glass cubes are figurative depictions of Vietnamese pearls in the mouths of the dragons. The image will provide a powerful reminder to current and future generations of both the Vietnamese myth and the symbolic representation of the city's fame as the 'Pearl of the Orient'. When completed, The ONE Ho Chi Minh City, with its iconic design and strategic location, will represent the new and dynamic Vietnam and will be a new city landmark.

Crowne Plaza expands in Vietnam with Danang.

Crowne Plaza expands in Vietnam with Danang. Tuesday, 4th October 2011 Source : InterContinental Hotels Group Located along the picturesque Danang Sea coastline, the 535-guestroom Crowne Plaza Danang is the largest hotel in Central Vietnam by room count and offers a variety of meeting and event facilities which can cater for events of up to 640 people. It also offers a culinary experience for meeting planners and delegates through its wide variety of dining options, including Cantonese, Japanese, Korean, International and local Vietnamese. “With the growth of MICE, we’re confident that Crowne Plaza Danang will be able to capitalise on this segment’s growth with our outstanding meeting facilities as well as what Crowne Plaza offers in delivering a unique meeting experience,” William Lau, General Manager, Crowne Plaza Danang. “Crowne Plaza will bring a new level of international meetings expertise to Danang with our Crowne Meetings Director. Whether it’s an intimate event for 10 or a banquet for 600, our Crowne Meetings Director, a single point of contact, will be able to assist organisers personally from start to finish and deliver a successful event,” Lau added. With its 2,500 square meters of meeting space, coupled with Crowne Plaza’s focus on meetings, the hotel is well positioned to cater to the requirements of the fast-growing MICE sector in Danang. Standards such as a dedicated Crowne Meetings Director, as a single point of contact, and a two-hr response time to initial query, will make planning seamless for meeting planners. Previously known as Silver Shores International Resort, Crowne Plaza Danang is 15 minutes away from the Danang International Airport and only a few kilometers to the heart of the city’s most popular attractions. These include UNESCO World Heritage sites such as the former imperial city, Hue and the scenic Phong Nha Ke Bang National Park. “Vietnam has seen a steady annual growth of 10% in international and regional arrivals and we’re expecting to increase our reach in this market. With the opening of Crowne Plaza West Hanoi, now Danang and Nha Trang in the coming year, we are bullish about the local economy and the importance of Vietnam in the international travel scene. With these new hotels, we are able to create more jobs for local residents. We are delighted to be able to contribute to the fast pace of tourism development in Vietnam.” said Alan Watts, Vice President of Operations for Southeast Asia, IHG.

First Hilton Garden Inn to debut in Southeast Asia.

First Hilton Garden Inn to debut in Southeast Asia. Sunday, 17th June 2012 Source : HVS International Hilton Worldwide has signed a management agreement with Hoan Kiem Tourism and Trading Company Limited to introduce the first Hilton Garden Inn and Hilton Worldwide’s second property in Vietnam. Scheduled to open in the second half of 2012, the 86-room Hilton Garden Inn Hanoi marks the debut of Hilton Garden Inn, Hilton Worldwide’s mid-priced brand, in Southeast Asia. Located at the intersection of Tran Hung Dao and Phan Chu Trinh avenues, Hilton Garden Inn Hanoi is in the French Quarter of Hanoi. The 11-storey Hilton Garden Inn Hanoi will have 86 bedrooms, an all-day dining restaurant and a lounge bar, a 100-square-metre meeting room, a spa and on-site car parking facilities. Hilton Garden Inn Hanoi is currently present in several countries in North America and Europe, and made its Asian debut in 2009 with the opening of the Hilton Garden Inn New Delhi. Hilton Worldwide currently manages one other hotel, the Hilton Hanoi Opera, in Vietnam.

Pullman to open in Ho Chi Minh City.

Pullman to open in Ho Chi Minh City. Thursday, 1st July 2010 Source : HVS International Developed by Que Huong Liberty, the first Pullman in Ho Chi Minh City is expected to open in 2013. Located in District One on Tran Hung Dao, the 300-key Pullman Saigon Centre will feature 1,500 square metres of ballroom and meeting facilities, two restaurants and a bar, as well as an outdoor swimming pool and fitness centre. Pullman Saigon Centre will be the second Pullman in Vietnam following Pullman Vung Tau which will officially open in mid-2011.

Accor to expand its portfolio in Vietnam.

Accor to expand its portfolio in Vietnam. Tuesday, 12th October 2010 Source : HVS International Accor group has secured the contract to have two more Pullman properties in Vietnam, which will expand its portfolio of properties in the country to five. The new editions are the 207-room Pullman Danang Beach and 300-room Pullman Hai Phong Flamboyant Island Resort, which are slated to open in 2013. Accor’s current properties in Vietnam are the 360-room Pullman Vung Tau, 250-room Pullman Hanoi Horison and 290-room Pullman Saigon Centre.

Ascott strengthens position in Vietnam

Ascott strengthens position in Vietnam Monday, 29th March 2010 Source : The Ascott Limited Ascott, has been awarded a contract to manage a serviced residence in Danang, the fourth largest city in Vietnam. The latter is an established real estate consortium that specialises in commercial and residential developments across major cities in Vietnam.The serviced residence will be named Somerset Danang Bay and will be the first international brand of serviced residence in Danang. With this addition, Ascott will further strengthen its position as the largest international serviced residence owner-operator in Vietnam. It will now have more than 1,300 apartment units in eight properties across four cities including Ho Chi Minh City, Hanoi and Hai Phong. Currently under development, Somerset Danang Bay is part of Blooming Tower Danang, a mixed-use development that comprises two 37-storey residential towers and a three-storey podium for commercial retail and recreational uses. It will be one of the tallest towers in the city, providing a spectacular view of the Danang Bay. Located in Thuan Phuoc Ward, Hai Chau District, Somerset Danang Bay is a five-minute drive from Danang‟s Central Business District and a 15-minute drive from the Danang International Airport, Vietnam‟s third busiest airport. The serviced residence property is scheduled to be completed in 2012. |Mr Lim Ming Yan, Chief Executive Officer of The Ascott Limited, said, “Our expansion into Danang, our fourth city in Vietnam, will allow Ascott to tap on the strong demand for serviced residences in the country. Danang has enjoyed an exponential increase in foreign direct investments. The rapid development of its industrial parks, export processing zone, petrochemical industry and sea port activities has also been attracting a large number of expatriates to the city. With the influx of foreigners, we expect demand for both long- and short-term accommodation in Danang to soar. The new Somerset Danang Bay will further consolidate Ascott‟s leadership position in the fast growing market and we are on track to expanding our Vietnam presence to 1,800 units by 2012.” Mr Shin Yongkyu, President, Korea Investment & Development Co., Ltd, said, “We are glad to partner Ascott in launching Somerset Danang Bay. Being the world‟s largest international serviced residence owner-operator, Ascott has the expertise and extensive experience in providing quality accommodation and personalised services. Coupled with its award-winning track record and solid reputation, we are confident that Somerset Danang Bay will do well in attracting discerning travellers from around the world by providing them an ideal home away from home.” Danang, with its international airport, commercial sea port and north-south land routes and railways, is the economic gateway to Central Vietnam and the East-West Economic Corridor spanning Vietnam, Laos, Thailand and Myanmar. As an indication of its trade potential, Danang was ranked first in the Vietnam Chamber of Commerce and Industry‟s provincial competitiveness index consecutively in 2008 and 2009. With 121 units ranging from one- to three-bedroom premier apartments which come with ensuite kitchen and bathroom, Somerset Danang Bay will cater to leisure and business travellers with a myriad of modern recreational and business facilities such as a fitness centre, a swimming pool, a resident‟s lounge, a business centre and a meeting room in the property.

Courtyard By Marriott introduced in Vietnam.

Courtyard By Marriott introduced in Vietnam. Wednesday, 12th May 2010 Source : HVS International Marriott International will introduce its Courtyard by Marriott brand in Vietnam under a management agreement with CY - Ham Tan Resort Limited Company. The 200-key property will be situated along a beachfront site in the area of La Gi, which is located approximately three hours’ drive along Vietnam’s southeastern coast from Ho Chi Minh City. The hotel is expected to open in 2012. -------- Courtyard by Marriott to Open in Vietnam Thursday, 08 April 2010 April 07 2010, Saigon-Ham Tan Tourism Joint Stock Co (SHTC), a subsidiary of Saigon Investment Group (SGI) signed a contract with Marriott International Group to develop a 4 star Courtyard resorts and hotels in Saigon-Ham Tan tourism Complex, funded by SHTC. According to the contract, Marriott International Group will manage the 200-room Courtyard hotel, in Saigon-Ham Tan tourism Complex. It will be part of a mixed-used development that will be built in phases. The project will initially include a residential component and will later add additional hotels, more residential units, a golf course and golf villas. The partnership signaled the first Courtyard to be opened in Vietnam. It reaffirmed the strong financial capability and international prestige of SGI and its member SHTC in the process of integration and development. Saigon-Ham Tan Tourism Complex Project, total area of 200 hectares in Tan Binh Commune, La Gi Town, Binh Thuan Province, situated on the new ungraded area from 1A Highway to Lai Gi, 130 km away from Ho Chi Minh city and 70 km away from Phan Thiet city. The project with over $150 million USD in capital investment is expected to be in business in 2012. Saigon-Ham Tan Tourism Complex Project, constructed to be a complex used for commercial activity, travel and entertainment, recreation center, spa & resort with expectation to turn Tan Binh Commune into a major tourist center, to accelerate its neighborhood’s business activities and to create more jobs. It is anticipated to transform Binh Thuan and the South Central Region economy. The project is architected by Wimberly Allison Tong and Goo (WATG), the world's leading design consultant for the hospitality, leisure and entertainment industries and managed by Marriott International, Inc Mr. Nguyen Vinh Tho, spoken at the event. Mr. Nguyen Vinh Tho, general director of Saigon Ham Tan Tourism Corporation, offered his opinion: “In 2010, we’re focusing our efforts on ensuring the success of this ambitious project that will consist of a four-star resort, a trade center and high grade villas. We have appointed WATG, a professional, international-standard Design Company in the US, as the design consultant for the project. We have also invited the Marriott International group of the US, which specializes in managing international-standard hotel and resort franchises, to provide their management expertise to our resort. Therefore, we believe that our tourism products will be of high quality and distinction in the marketplace. We’re certain tourists will enjoy relaxing on the resort’s beautiful beach that stretches over 2 kilometers of coastline and will appreciate the professional service ambience we will offer.” According to Ed Fuller, President & MD, Marriott Lodging International, the 200-room Courtyard by Marriott Ham Tan, Vietnam will be unique, consisting of a mix of standard guest rooms in a series of low-rise buildings as well as semi-detached bungalows located across the expansive development. All guest rooms will offer modern connectivity, comfortable living spaces with a contemporary design as well as ocean views. Guests staying the semi-detached bungalows will also enjoy generous bathrooms with separate tub and shower. Mr. Ed Fuller, President & MD, Marriott Lodging International Marriott International, Inc. (NYSE:MAR) is a leading lodging company with more than 3,400 lodging properties in 68 countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott brands; licenses and manages whole-ownership residential brands, including The Ritz-Carlton Residences, JW Marriott Residences, and Marriott Residences; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. The company is headquartered in Bethesda, Maryland, USA, and had approximately 137,000 employees at 2009 year-end. It is recognized by FORTUNE® as one of the best companies to work for, and by Newsweek as one of the greenest big companies in America. In fiscal year 2009, Marriott International reported sales from continuing operations of nearly $11 billion. Courtyard by Marriott offers a refreshing environment that helps guests stay connected, productive and balanced. Intuitive services and design accommodate guests’ needs for choice and control. With more than 860 locations in 30 countries, Courtyard is Marriott’s largest brand; 200 additional Courtyard by Marriott hotels will open around the world over the next three years. All Courtyards by Marriott hotels participate in the award-winning Marriott Rewards frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. Marriott International currently manages two properties in Vietnam: the Renaissance Riverside Saigon Hotel and the New World Hotel in Ho Chi Minh City. Three properties are currently planned or under construction. They include the 450-room JW Marriott Hotel Hanoi and the 250-room Nha Trang Marriott Hotel, both of which are scheduled to open in 2013. The 271-room JW Marriott Danang Resort is expected to open in 2014. Mr Nguyen Vinh Tho and Mr. Ed Fuller honoring the joint venture Saigon-Ham Tan Tourism Joint Stock Co (SHTC) founded in 2002, operated in construction & investment, business development services, transportation, tourism, resort, finance, mining... SHTC is a member of Saigon Invest Group, one of the leading and most successful multifaceted public groups in the country, operated in real estate, finances, telecommunications, energy, mining, and manufacturing with total assets amounting to $ US 2 billion. SGI has continuously carried out major projects in cooperation with strategic partners, big and well-known corporations from the USA, Japan, Taiwan in the fields of energy and power, IT, telecommunications, finances. ---------- Saigon-Ham Tan Tourism Complex Project Friday, 31 October 2008 Saigon-Ham Tan Tourism Complex Project, total area of 200 hectares in Tan Binh Commune, La Gi Town, Binh Thuan Province, situated on the new upgraded area from 1A Highway to Lai Gi, 130 km away from Ho Chi Minh city and 70 km away from Phan Thiet city. The project with over $150 million USD in capital investment is expected to be in business in 2013. Saigon-Ham Tan Tourism Complex Project, constructed to be a complex used for commercial activity, travel and entertainment, recreation center, spa & resort with expectation to turn Tan Binh Commune into a major tourist center, to accelerate its neighborhood’s business activities and to create more jobs. It is anticipated to transform Binh Thuan and the South Central Region economy. The project is architected by Wimberly Allison Tong and Goo (WATG), the world's leading design consultant for the hospitality, leisure and entertainment industries and managed by Marriott International, Inc The 200-room Courtyard, managed by Marriott Ham Tan Vietnam, will be unique, consisting of a mix of standard guest rooms in a series of low-rise buildings as well as semi-detached bungalows located across the expansive development. All guest rooms will offer modern connectivity, comfortable living spaces with a contemporary design as well as ocean views. Guests staying the semi-detached bungalows will also enjoy generous bathrooms with separate tub and shower. Saigon-Ham Tan Tourism Complex Project is expected to earn reputation as Vietnam's Beverly Hills or Haiwaii.The Complex strikes to create world class experience, visitors can spend their times in luxury villas, enjoy Vietnam's beach bestowed by nature. It will rejuvenate the mind, calm the spirit and recharge visitor's energies. Saigon-Ham Tan Tourism Joint Stock Co Address : 112 Ly Chinh Thang Dist. 3, HCMC TEL : (848) 404 6964 FAX : (848) 404 6973 Contact: Anh Vu - SHTC Deputy General Director, Phone: 0903941731

Marriott plans two luxury brands in Vietnam in 2014.

Marriott plans two luxury brands in Vietnam in 2014. Friday, 27th August 2010 Source : Marriott International First Ritz-Carlton Reserve and third JW Marriott to open in Vietnam, while Marriott currently manages two properties in Vietnam already: the Renaissance Riverside Saigon and the New World Hotel Saigon in Ho Chi Minh City. Four additional properties are currently planned or under construction in Vietnam. At signing ceremonies today in Quy Nhon, Marriott International announced it will open two award-winning luxury hotel brands here in 2014 under a management agreement signed with Vietnamese-American Hotel and Resort Limited Company, a wholly-owned subsidiary of the American company, ITC Spectrum, LLC. The 100-villa Vinh Hoi Bay-A Ritz-Carlton Reserve will be the first Ritz-Carlton Reserve and the 320-room JW Marriott Vinh Hoi Bay Resort & Spa will be the third JW Marriott property announced for Vietnam. Construction on both properties is expected to begin in early 2012. Speaking for Marriott International, Mr. Fuller said, “We are delighted with this visionary opportunity to further expand our lodging portfolio in Vietnam. These resorts will rank among the best, most luxurious properties in Asia and we are honored to participate in the emergence of Vietnam as world-class resort destination. We are confident that, given the hospitality of the Vietnamese people coupled with the unique beauty and historic significance of this particular part of Vietnam and the extraordinary ambience of these two distinctive resorts, both properties will be in high demand from the start.” Mr. Canh of ITC Spectrum LLC, said, “We are very pleased to have the Ritz-Carlton and JW Marriott brands as a part of the Vinh Hoi Bay development. We are confident in our partnership with Marriott International and in their ability to deliver world-class service to our guests. With our top-notch development and resort operator teams already on board, we have no doubt that Vinh Hoi Bay, positioned as an international luxury destination resort, will add a significant milestone to the Vietnamese tourism industry and in Asia as a whole.” Both resorts will be located on Vinh Hoi Bay, approximately 25 kilometers north of the city of Quy Nhon, on the central coast of Vietnam. They will be part of a 325-hectare oceanfront, fully-integrated, mixed-use development which will initially include three resorts, including the Ritz-Carlton and JW Marriott properties, a championship 18-hole golf course designed by Robert Trent Jones II, residential villas, a retail village, an arboretum and other recreational amenities. Later phase of the development will feature three additional resorts, more residential properties, an equestrian center, a marina and other amenities. Quy Nhon is located in Binh Dinh province between Danang and Nha Trang. Its origins date back to the 11th century and the Champa kingdom for which its legacy—the Cham culture’s temple complexes—can be seen throughout Quy Nhon. The topography of Binh Dinh province is diverse and attractive, offering visitors lush highlands, forests, alluvial plains, lakes and beaches—all in one destination. The airport, which is located 20 minutes from Vinh Hoi Bay, is slated to offer direct international flights in the coming years. Vinh Hoi Bay - A Ritz-Carlton Reserve The luxuriously appointed, 100-villa Ritz-Carlton Reserve will be perched along a hillside on the southern edge of the complex in Quy Nhon. With accommodations that offer unspoiled ocean views, private plunge pools, indoor and outdoor showers set among lush indigenous flora, the sense of privacy and comfort will allow guests to indulge in the scenery and detach from the world during their stay. The design philosophy unifying every Ritz-Carlton Reserve is the creation of astonishing experiential spaces that celebrate guest individuality and the uniqueness of place. By creating designs that blend seamlessly into ultra-remote private locations, Ritz-Carlton Reserve amplifies extraordinary parts of the world in a sustainable way. Design inspiration is taken from the unique environment in which each property is based. From native architectural signatures and innovative local art to indigenous furniture and motifs inspired by regional tradition, every design element of a Ritz-Carlton Reserve powerfully locates guests in a sense of rare place. More importantly, respect for the unique character of every guest informs all design elements of a Ritz-Carlton Reserve by focusing on the essentials of individuality. “The Ritz-Carlton Reserve portfolio of idyllic retreats offers guests a contemporary interpretation of the local lifestyle and culture. The concept is simple and yet exudes style and luxurious levels of comfort. This resort will provide a complete escape to the unexpected; a private, exclusive leisure experience that blends unique elements of the local culture, history and heritage with intuitive individual service, exquisite indigenous design, casual ambiance and respect for the surrounding environments,” said Simon Cooper, president and chief operating officer, The Ritz-Carlton Hotel Company. “We do not work to one design mold, but rather allow the creative process to be destination and customer focused. Vinh Hoi Bay – A Ritz-Carlton Reserve will personify a unique design befitting its locale. Coupled with the natural warmth and easy smiles of the Vietnamese people and the legendary Ritz-Carlton service, Vinh Hoi Bay will be the perfect destination to host the first of Ritz-Carlton Reserve’s exotic, hand-picked hideaways in Vietnam.” For dining and entertainment, the resort will have three restaurants including a specialty restaurant that will offer its guests stunning sea views and open-air seating, a lounge and bar adjacent to the lobby and a lounge on the beach. Recreational amenities will include a luxurious Spa with eight treatment rooms, each with a private steam room, restroom and indoor and outdoor shower and bath, a spa boutique, a yoga/meditation pavilion and a hair and beauty salon. The resort will also have a swimming pool located near the fitness center, children’s and teens Clubs and a library/business center. Additional amenities will include a wedding chapel and gift shop. For social events and small conferences, the resort will have 200 square meters of function space that will be divisible into two sections and will feature an open-air pre-function area. JW Marriott Vinh Hoi Bay Resort & Spa Boasting distinctive architectural and interior design features that evoke its surroundings, the beachfront, 320-room JW Marriott Vinh Hoi Bay Resort & Spa will be the centerpiece of the complex. Besides offering expansive sea views from most guest rooms, the resort will have a lake around which its front entrance, conference facilities, Spa and some of its restaurants will be clustered. It will offer a mix of beautifully appointed guest rooms and suites—all with luxurious bed and bath amenities and modern connectivity. Accommodations will have baths with separate showers and tubs; upgraded Griffin Club rooms will have five fixture baths. A stand-alone Griffin Club Villa with indoor lounges and an outdoor patio, permanent food service and reception desk will be located adjacent to the Club rooms and suites wing for the convenience of its guests. For dining and entertainment, the resort will have four extraordinary restaurants offering unique and imaginative dining experiences and a pool bar. Meanwhile, a spacious, contemporary lounge and bar near the lobby will change its mood and look throughout the day, inviting guests to linger over a morning coffee or gather spontaneously with friends or acquaintances from morning through evening. Recreational amenities will include a Spa featuring 10 treatment rooms; three swimming pools including a quiet pool at the Club wing and a separate children’s pool; a state-of-the-art fitness center including sauna, steam room and Jacuzzi; a Kids Club; recreation room/library and a water activities center. Additional amenities will encompass a full-service business center offering a comprehensive spectrum of business services, hair/beauty salon, concierge desk, gift shop and a retail arcade. For social events and conferences, the resort will have 960 square meters of function space including three meeting rooms in varying configurations and a board room. JW Marriott is part of Marriott International’s luxury portfolio and consists of beautiful properties in gateway cities and distinctive resort locations around the world. These elegant hotels cater to today’s sophisticated, self-assured travelers, offering them the quiet luxury they seek in a warmly authentic, relaxed atmosphere lacking in pretense. JW Marriott properties artfully provide highly crafted, anticipatory experiences that are reflective of their locale and give their guests time to focus on what is most important to them. Currently, there are 46 JW Marriott hotels in 19 countries; by 2013, the portfolio will encompass 73 properties in 28 countries. Marriott International currently manages two properties in Vietnam -- the Renaissance Riverside Saigon and the New World Hotel Saigon in Ho Chi Minh City. Four additional properties are currently planned or under construction in Vietnam. They include the 250-room Nha Trang Marriott Hotel and the 200-room Courtyard by Marriott Ham Tan, Vietnam, both of which are scheduled to open in 2013. The 450-room JW Marriott Hotel Hanoi and the 271-room JW Marriott Danang Resort are expected to open in 2014.

IHG continues expansion in Vietnam.

IHG continues expansion in Vietnam. Thursday, 9th December 2010 Source : InterContinental Hotels Group Two new Holiday Inn Resorts to open in prime beachfront locations in Vietnam’s top-ranked resort destinations of Cam Ranh Bay, Khanh Hoa and Phu QuocIsland, Kien Giang. IHG is increasing its presence in Vietnam with the signing of two Holiday Inn Resorts. An agreement with Lucky Star Joint Stock Company to manage Holiday Inn Resort Phu Quoc Duong Dong Beach, and another with Thinh Vuong Joint Stock Company to manage Holiday Inn Resort Cam Ranh Bay increases the momentum of IHG’s growth of Vietnam’s new tourism hotspots. Said Jan Smits, Managing Director, IHG Asia Australasia, “Emerging markets like Vietnam represent solid, long-term growth opportunities, especially with the rise in low-cost carriers and routes, which have helped to fuel regional travel in Asia Pacific. Vietnam is forecasting a 35% increase in visitor arrivals compared to last year. And the government’s commitment to improving infrastructure and developing new tourist destinations, such as Phu Quoc, will also increase the appeal of Vietnam as a destination.” Phu Quoc is an island that lies west of the mainland. With tropical weather and 45 kilometres of pristine beaches, it has found a place on TripAdvisor’s “2010 Top 10 Beach & Sun Destinations in Asia” and it was also voted by CNN as a “Top 5 Next Generation Asian Tourist Hotspot”. Holiday Inn Resort Phu Quoc Duong Dong Beach sits on a 3-hectare beachfront site and will have 250 rooms. Construction will begin in August 2011 and the resort is expected to open in mid 2014. This will dovetail with the government’s expansion plans for Phu Quoc, which includes a new international airport, a seaport and various entertainment facilities. The airport is scheduled to be operational by 2012. Said Mr. Long Le Ngoc, Chairman of LongBeach Group, which owns Lucky Star Joint Stock Company, “We foresee strong demand for quality accommodation in Phu Quoc, as this is a destination with all the attributes of a tourist paradise. Together with the strength of the Holiday Inn brand and its world renowned standards, we will be able to offer travellers what they are looking for.” And on the south-eastern coast of Vietnam, about 350 km from Ho Chi Minh City, is Cam Ranh Bay, which is known for its white sandy beaches. The site for Holiday Inn Resort Cam Ranh Bay has 170m of this beach frontage. The resort will have about 250 rooms and occupy 70,000sqm of the 174,227sqm plot of land, which will also feature high-end residential and commercial properties. Construction is slated to begin in June 2011 and the resort is expected to open in the third quarter of 2013. Holiday Inn Resort Cam Ranh Bay will be a convenient location for travellers as it is only 15 minutes from Cam Ranh International Airport and a 40-minute drive from the Nha Trang city centre. Cam Ranh Bay is foreseen to be a new holiday destination in compliment with Nha Trang. Previously utilized as a military base, Cam Ranh is now being planned to be exclusively a vacation spot. Said Mr Tran Viet Dzung, President and CEO of ESACO Corp, which has interests in Holiday Inn Resort Cam Ranh Bay’s owning company Cong Ty Co Phan Thinh Vuong, “The Holiday Inn brand is recognised by travellers worldwide. The brand’s enduring popularity and its large customer base are aligned with our expectations of attracting the growing number of holidaymakers who come to Cam Ranh Bay.” Holiday Inn Hotels & Resorts was recently voted the Best Mid-Market Hotel Brand in the World and the Best Mid-Market Hotel Brand in Asia Pacific for the tenth consecutive year. There are currently 1,301 Holiday Inn Hotels & Resorts globally, including 104 in Asia Pacific. There are 80 more in the pipeline for Asia Pacific. Other IHG hotels in Vietnam include InterContinental Hanoi Westlake, InterContinental Asiana Saigon and Crowne Plaza Hanoi West. IHG is looking to increase its presence in Vietnam and has plans to add close to 5,000 new jobs as new hotels open in the next few years.

Vietnam expects to attract 7 1/2 million toreign tourists in 2015.

Vietnam expects to attract 7 1/2 million toreign tourists in 2015. Sunday, 27th November 2011 Source : HVS International The Vietnam tourism sector targets 7 1/2 million foreign tourist arrivals and 35 million domestic arrivals in 2015. This information was given by the Minister of Culture, Sports and Tourism, Hoang Tuan Anh, in a seminar on developing tourism in the central coastal provinces on 14 November in Hanoi. The minister mentioned that the central coastal region plays a key role in realising the target of attracting foreign and domestic tourist arrivals in 2015. This is expected to bring a tourism income of between US$8 billion and US$9 billion, accounting for 5.5% of national GDP. The minister also added that until 2020, the local tourism sector strives to greet 10 to 15 million foreign tourists and 40 to 45 million domestic arrivals, with a tourism turnover of between US$17 billion and US$18 billion, making up 6% to 6.5% of national GDP.

Genting Group to build second integrated gaming resort in Vietnam.

Genting Group to build second integrated gaming resort in Vietnam. Monday, 12th March 2012 Source : HVS International Asian hospitality giant Genting Group is looking to invest in its second integrated gaming and resort complex in Vietnam, in northern Quang Ninh Province. According to the source cited from Quang Ninh Economic Zone Management Authority, the Malaysian group signed a memorandum of understanding with Quang Ninh Province for studying the feasibility of developing a large integrated gaming and resort complex in the local Van Don Economic Zone. Under government requirements, total investment capital for this project should not be less than US$4 billion. Genting, through a joint venture with VinaCapital, obtained an investment certificate for the building of a US$4 billion integrated gaming and resort complex in central Quang Nam Province in 2009. The 1,555-hectare project comprises five-star hotels, resorts and villas along with a casino for foreigners and a maximum of 2,500 houses for sale or rent

U hotel to debut in Sapa, Vietnam.

U hotel to debut in Sapa, Vietnam. Thursday, 31st May 2012 Source : HVS International Absolute Hotel Services has signed a management contract for a new resort in Sapa, Vietnam, with Sapa Petro Tourist Jointstock Company. The U Sapa Resort is scheduled to open in early 2013 in the heart of the city close to City Centre Park. The 57-room hotel, to be designed in a French-colonial style, will offer amenities such as rain showers, LCD televisions and iPods with a selection of music in all the guestrooms. Other facilities will include a restaurant, lounge bar, library with internet access, fitness centre and spa. The hotel will also offer the brand’s signature concepts, such as free Wi-Fi, ‘wherever/whenever breakfast’ and 24-hour room use. http://www.uhotelsresorts.com/ U Sapa Vietnam U Sapa is located in the heart of city close to City Center Park that is best suited for domestic and international leisure travellers to experience the Sapa lifestyle and what’s happening in town. Architecture and interior are designed in beautiful French Colonial style with a indigenous twist combined with services that are delivered in a U’s unique concept whether be it free Wi-Fi, breakfast whenever/wherever and 24 hours use of room, ensuring guests a totally relaxed holiday experience to recharge and reconnect to the local environment and its nature, bringing back with them the most memorable moments of a life time. The 57-room resort will consist of 48 deluxe rooms and 9 suites with size ranges from 28 sqm to 50 sqm and available in both king and twin as well as connecting rooms for families. Room amenities include rain shower, LCD television, IDD telephone, mini bar, safety box, hairdryer, iPod with music selection and free wireless internet. Leisure facilities include an all day dining theme restaurant, lounge bar, library with internet access, a fitness center and a spa. Hanoi U HANOI U Hanoi is another opportunity where guests can enjoy the historical sites as well as luxurious and unique services of the U Hotels & Resorts brand. The design of interior and architecture is a blend of Vietnamese and French art deco of the 1930's so that guests can reconnect and immerse in the local heritage while staying at the hotel. The hotel consists of 100 rooms fitted with all the modern facilities and brand signatures. U Hanoi will open by 2013.

Marriott signs its 250th hotel in Asia.

Marriott signs its 250th hotel in Asia. Friday, 18th May 2012 Source : Marriott International, Inc. Marriott International has reached the milestone figure of 250 open and signed hotels in Asia, with the 250th hotel to be located in Bo’ao in China. This represents 129 open hotels plus our development pipeline of 121 projects - totaling more than 75,000 rooms in 15 countries. “We are delighted to have reached 250 hotels in Asia and are looking forward to continued growth in the region,” explained Simon Cooper, Marriott International’s president and managing director, Asia Pacific. “We are seeing growth across all countries in Asia and in the past few weeks have signed landmark hotels in key locations including Macau, Vietnam and India. We continue to see excellent growth in China where we now have more than 100 open and signed hotels, and expect to open on average one hotel a month in the country for at least the next three years.” Marriott International operates seven brands across Asia - The Ritz-Carlton, JW Marriott, Bulgari Renaissance, Marriott Hotels & Resorts, Courtyard and Marriott Executive Apartments - and sees tremendous growth potential across all brands in the portfolio targeting different market segments from luxury to mid-scale. India is another exciting growth market for us. With more than 50 open and signed hotels, we expect to grow to about 100 hotels in the country, including Fairfield by Marriott, which was specifically designed for that market. While Asia continues to deliver robust growth, China remains the strongest driver and Marriott International has ambitious plans in the country. With the portfolio expected to double from the current 58 open hotels in the next 3-4 years, Marriott will increase its work force to well over 70,000 associates over the same time period. “We see this as a golden age of travel around the world,” said Cooper, “and our Marriott hotels will be there to welcome all travelers, domestic and international. In the process, we are opening doors to a world of opportunity for our guests and associates alike, by offering great careers to our associates in China and across Asia, while delivering rewarding guest experiences across our growing brand portfolio." Marriott has been a tireless advocate for removing the barriers to travel through its membership in the World Travel and Tourism Council (WTTC) and World Economic Forum's Aviation, Travel and Tourism Council. A primary focus has been on new models of mobility, such as the e-visa and reciprocity among nations to make travel easier. The company is also training its associates and teams outside of China to welcome and host Chinese travelers. Chinese outbound traveler numbers to the US have risen from about 225,000 in 2002 to almost a million in 2011, and with that number is forecast to increase an astonishing 274% by 2016. China represents the fastest growth - by far - of any country, according to the U.S. Department of Commerce. Through its participation on the U.S. Travel and Tourism Advisory Board, Marriott has helped drive a new national tourism strategy, announced last week, to boost international visitors to the United States to 100 million people annually by 2021. Similarly, U.S. Visitation to Asia is expected to increase by similar numbers. Marriott is also working with key companies in China and recently announced a partnership between Marriott Rewards - Marriott International’s award-winning loyalty programme - and Ctrip. This unique partnership will allow Marriott Rewards members to earn Ctrip points when they stay at any of Marriott International’s participating hotels globally. This partnership is the first of its kind between a global hotel loyalty programme and Ctrip. Membership of Marriott Rewards doubled in China last year and as Marriott International increases its presence and footprint in the country.

Frasers debuts new brand that tunes into iPad Gen.

Frasers debuts new brand that tunes into iPad Gen. Tuesday, 15th May 2012 Source : Frasers Hospitality Pte Ltd Frasers unveiled its new brand, Capri by Fraser, the latest addition to its portfolio, which will include more than 73 properties in 39 cities worldwide within the next three years. Designed to meet the lifestyle needs of the digital generation, Capri by Fraser cuts through the conformity of typical hotels by offering residents an extensive range of facilities and customisable services together with the comfort and convenience of a full serviced residence. This includes the option of cooking and doing laundry while being constantly connected through high-speed and free Wi-Fi throughout the hotel residence. Urban inspired, high-tech and intuitive, Capri by Fraser empowers residents with a menu of intelligent services to choose the way they want to rest, relax and recharge. Its “always on” e-efficiency experience includes iPad activated check-ins, interactive e-concierge, AirPrint and Wi-Fi e-Print facilities for business, meeting rooms with interactive walls, and a Data Box to charge all digital devices. Should residents so wish, a selection of unique leisure experiences, ranging from Harley motorbike rides and sports car drives to salsa dancing and personal pilates sessions, are also available as part of Capri by Fraser’s customisable online menu. The hotel residence’s spacious suites, complete with premium bathrooms, walk-in wardrobes, fully equipped kitchenettes and living areas, provide a relaxing abode for residents that allow more freedom of space than that of the average hotel room. They also come fitted with impressive home entertainment systems that include LED TVs, DVD players and iPod docking stations to add to the pleasure of “staying in”. Public areas become expanded social living spaces that adapt to different moods and functions with a wide range of food and beverage options including a bar, an all-day café and deli where food is accessible 24x7. A laundrette offers different types of play from Wii and XBox Kinect to boardgames so that doing laundry becomes more of a social experience. The 24x7 flexibility also extends to that of working out in the Gym. “Capri by Fraser bridges the gap between hotels and serviced residences to meet the short term accommodation needs of the 24x7 digital generation who work and play to a different beat from that of the business travellers of the past,” said Mr Choe Peng Sum, Chief Executive Officer of Frasers Hospitality Pte Ltd. “Market feedback has indicated that while regional travel stays are becoming shorter, usually between one to two weeks, they are also becoming more frequent, with professionals working longer, irregular hours across different time zones. So whether it is the home comforts of a personalised space where they can have the convenience of preparing their own meals even at 4am, or the independence of doing their own laundry whenever they want, Capri by Fraser is focused on enhancing the work-life balance of our guests with the flexibility and freedom to rest, relax and recharge according to their individual lifestyle needs.” All Capri by Fraser properties will have hotel licences and there are plans to roll out the brand aggressively across Asia, which will start with the launch of its flagship property Capri by Fraser @ Changi City, Sinagpore in the third quarter of this year. This will be followed by the opening of two more properties Capri by Fraser @ Bangsar, in Kuala Lumpur Malaysia and Capri by Fraser @ District 7-HCMC, Vietnam. Frasers Hospitality Pte Ltd’s current portfolio, including those in the pipeline, stands at 73 properties in 39 key gateway cities, and more than 12,200 apartments worldwide.

Savills Vietnam Becomes Exclusive Sales & Marketing Agent For Laguna Lăng Cô

Savills Vietnam Becomes Exclusive Sales & Marketing Agent For Laguna Lăng Cô 26 July 2012 Banyan Tree Group, the leading international operator in the boutique resort, residences and spa industry has officially appointed Savills Vietnam as the exclusive Sales & Marketing Agent for Laguna Lăng Cô. Laguna Lăng Cô, the first fully integrated world-class hospitality development in Vietnam, is the region’s finest holiday destination comprising Banyan Tree & Angsana branded hotels and resorts, award winning spas, a championship golf course, resort residences, convention facilities, and an array of recreational offerings. Nestled along the coast of tranquil Central Vietnam, Laguna Lăng Cô is Banyan Tree’s first foray in the country, and echoes the ethos of Laguna Phuket, the company’s flagship integrated resort community in southern Thailand. Framed by a three kilometre beach and lush countryside, the 280-hectare resort is located near Lăng Cô Bay in the Chan May region, overlooking the East Sea, an area renowned for its pristine coastline, tropical jungles, rugged mountain peaks and proximity to the country’s most storied UNESCO World Heritage Sites, including the cities of Hue and Hoi An along with the relics of My Son. The development is nestled in a unique crescent bay offering privacy and unparalleled exclusivity and will include Banyan Tree and Angsana branded hotels and spas, an 18-hole championship golf course designed by Sir Nick Faldo. Phase 1 of the project represents a US$200 million investment funded through the Banyan Tree Indochina Hospitality Fund, the first real estate investment fund established by the Group in 2008. Mr. Ho KwonPing, Executive Chairman of Banyan Tree Holdings, Ltd. said: ““Central Vietnam is an ideal foothold for our inaugural development in Indochina with its natural beauty and areas of rich historical interest such as Hue and Hoi An. We are confident that Laguna Lăng Cô will flourish as a holiday and premium properties destination for both domestic and international luxury tourism.” Laguna Lang Co Residence consists of three components: Angsana Residences, Banyan Tree Hill Villas and Laguna Residences Lăng Cô. Banyan Tree Residences brings 31 outstanding hillcrest villas (phase 1) nestled on the hills at an altitude of 25 to 86 meters above the sea, offering breathtaking panoramic views over the ocean with soaring mountain backdrop. Each one- to three-bedroom villa’s living space is awash in natural light and harmonised with the tropical surroundings. Each hill villa (range from 158 sq m to 236 sq m) has a spacious terrace featuring a private plunge pool and jacuzzi). Laguna Residences Lăng Cô is centrally located amid the tropical surroundings of Laguna Lăng Cô integrated resort, overlooking the scenic fairways of Laguna Lăng Cô Golf Club, designed by Sir Nick Faldo. Beautifully designed two-bedroom to four-bedroom residences offers great comfort in a contemporary expression of style and culture. Each two-storey detached villa features a private plunge pool together with spacious living and dining areas. All fixtures are designed in harmony of functionality and aesthetics. Set against a dazzling backdrop of white sand and clear waters, Angsana Residences Lăng Cô showcases the rich history of Vietnam with a modern twist. 40 Angsana condominiums (phase1, range from 88 sqm to 254 sqm) are varied with options of one-bedroom Pool Deluxe, one- to two-bedroom pool units extended with a verdant garden, or the exquisite two-bedroom Sky Pool condominium – the first three-storey beachfront condominium development of its kind in. Each home’s contemporary and chic aesthetics is complemented with a modern plunge pool and uninterrupted ocean views. Angsana residences will be ready for occupation in November 2012. Enabling people to enjoy every single minute here, Laguna Lang Co equips the most high class facilities serving guests of all ages: recreation tours, marine centers with motorized and non motorized water-sports, club house, swimming pool, spa and gymnasium, buggy service, tennis and golf course, kids club, bar lounge and various types of restaurants. Laguna Lăng Cô is poised to become the leading world-class holiday and premium second home destination in Southeast Asia. Mr. Guy Major, National Sales Director of Savills Vietnam shared: “We are much honored to work with Banyan Tree Group in Laguna Lăng Cô. With the prestige and reputation of Banyan Tree, this project will certainly satisfy all clients who are looking for the world-class integrated resort in Vietnam. The location is of breathtaking natural beauty and is set to become a landmark resort development able to compete with the very best resorts and locations globally. So with an outstanding location, unique design, luxurious services and entertainment everything is in place for the success of Laguna Lăng Cô in the market”.

Le Meridien Da Nang Resort & Spa

Le Meridien Da Nang Resort & Spa Le Meridien Da Nang Resort & Spa is a five–star luxury resort and residential complex located on the famous Non Nuoc Beach and stretching about 381 meters across its coast. The 12 hectares of property is split up into the five-star resort hotel, its amenities and conference, the resort apartments and the resort villas. The Resort sits along the Sontra – Dienngoc highway providing easy access to and from the site and just 6 km away from the Da Nang International Airport. The five–star resort hotel The 21 story five–star resort hotel includes 334 keys, of which there is a presidential. The rooms are all designed to have views of the majestic Non Nuoc Beach and South China Sea. The two parking lots of the hotel with a total area of 11,700sm are located at the basement. There are 4,226sm of a one story conference, an exclusive spa, a fitness center, a swimming pool, a one story weeding chapel and a three seaside restaurant. The main circulation of the building sits in a core in the middle of the hotel creating easy access anywhere for its guests. The resort apartments The 23 story apartments hold 149 apartments (59 one–bedroom apartments, 52 two–bedroom apartments and 44 three–bedroom apartments) that are all designed to provide views of the Non Nuoc Beach and South China Sea. The parking of the apartment covering 9,951sm is located at the basement. There are also a restaurant, a swimming pool and a fitness center. The resort villas The resort villas have 48 villas including 2 two-story five-bedroom villas, 1 presidential villa, 7 two-story four–bedroom villas, 10 two-story three–bedroom villas, 2 two-story two–bedroom villas and 26 one-story one–bedroom villas. The site Total Plot Area: 12 HA - 120,000 m2 Total Building Area: - The five-star resort hotel: 47,985 m2 - The resort apartment: 38,573 m2 - The resort villas: 21,483 m2 Building height: 21 stories for the five-star resort hotel, 23 stories for the resort apartments and 1 or 2 stories for the resort villas. The setbacks There is a no build zone 20 m from the Son Tra-Dien Ngoc highway of the site boundary, 10 m from both sides (Northwest and Southeast) of the site boundaries and 50 m from Non Nuoc Beach of the site boundary. The sight lines The resort design maximizes the amount of views possible of Non Nuoc Beach, the Peninsula, Cham Island and the Truong Son Mountain range. The buildings are all oriented to provide the best of these views. The topography There is a 0.8 m height difference from the West side with +4.5 m to the East side with +3.7 m. The existing site then slopes down to the ocean The traffic - Pedestrian: Public pedestrian access is structured along the Son Tra-Dien Ngoc highway, along the beach front, in the middle of the site and on the sides of the resort site where pedestrian access to the beach can be found. - Vehicular: There are 3 vehicular access points to the resort. Two service entries sit at each end of the site and provide service to the five-star hotel and the apartment. The main entrance to the resort sits towards the center of the site and providing access to the five-star hotel, the apartment and the villas. Residents of the apartment park their automobiles in the underground parking located off the main road. Villa residents will be taken to their villa by a cart via the cart accesses located off the main road. Landscape For the development of a uniquely structured resort, landscape is designed to cover an area of 49% of the property. Saigon Invest

Le Méridien Saigon

Starwood operates first Le Meridien in Vietnam [ 25 April 2012 09:16 ] Starwood Hotels & Resorts has expanded its footprint in Vietnam by introducing Le Meridien Saigon. Le Meridien Saigon, which is ideally situated in a prime location in Ho Chi Minh City and overlooking over the Saigon River, is set to open on 1 October. The hotel houses 350 rooms and an array of high-end meeting and event facilities. Starwood Hotels & Resorts will also ramp up its portfolio in Vietnam with two more properties slated for opening in 2015: Sheraton Da Lat Resort and The Westin Cam Ranh Resort & Spa. The Westin Hotels & Resorts brand is Starwood’s largest upscale hotels and resorts brand. -------------- Le Méridien Saigon - Opening December 1, 2012 District 1, 3C Ton Duc Thang Street Ho Chi Minh City, Vietnam Riverside Setting Situated beside the Saigon River, close to entertainment and commercial areas, Le Méridien Saigon is an ideal base for exploring the local culture and community. Experience this cosmopolitan city in stimulating surroundings. Sophisticated Options If food is your passion, our restaurants will take you on a journey of discovery. For a relaxing escape from business or sightseeing, the Explore Spa offers a range of body treatments, or unwind with a stimulating workout in the fitness centre. Refined Comfort Our 350 modern and sophisticated guest rooms and suites with river views provide an engaging personal space, with an accent on comfort and technology. Sleek contemporary furnishings offer a palette for a restful retreat or serene productivity. -------

InterContinental Danang Sun Peninsula Resort -

You can always trust InterContinental Hotels Group (IHG) to come up with nothing but luxury hotel and resort concepts. Following the launch of HUALUXE Hotels and Resorts, IHG is set to begin operations at a different part of Asia with InterContinental Danang Sun Peninsula Resort, Vietnam. Opening its doors to public this June 2012, InterContinental Danang Sun Peninsula Resort consists of 197 ocean view rooms, villas and suites. Quietly nestled in a private bay, the resort provides an absolute serenity for all its discerning guests. Definitely one of the most exquisite accomodation in the area of Danang City, guests can expect to indulge in a natural surrounding amidst the outside modernization. Each bathroom offers double-basin vanities and a deep-soaking marble bathtub, with a breath-taking view of the bay. Each of the resort guest rooms has a minimum of 70 square metres of space, all of which designed by famed architect Bill Bensley, with the emphasis of a bold black and white colour combination. Guests will enjoy the best of both worlds with traditional architecture with modern comfort, such as LCD televisions and high-speed Internet access. Expansive bathrooms offer double-basin vanities and a deep-soaking marble bathtub accompanied by a separate walk-in rain shower, with an endless view of the bay and the beach. For dining options, the resort has Citron, an all-day dining international and Vietnamese outlet that is perched on the side of the mountain for some magnificent views of the bay. There's also a one-of-a-kind inverted “non la” (Vietnamese traditional comical hat) private dining booths for a romantic meal for two. There's also La Maison 1888 for Vietnamese fine-dining at its best, with the first Michelin-star chef in Vietnam heading the kitchen. The L_o_n_g Bar and Barefoot Café by the beach serves up Mediterranean cuisine and grilled seafood, that are paired with wines and spirits. InterContinental Danang Sun Peninsula Resort has 197 ocean view rooms, villas and suites and is nestled in its own private bay, with panoramic ocean views. Spa InterContinental provides guests with all the necessary relaxation and rejuvenation needs, while the resort lounge provides tour options for authentic experience in Danang. For the opening special this June, guests can enjoy an introductory rate starting from VNĐ 4.620.000 (US$220) including breakfast for two, excluding applicable service charge and taxes. InterContinental Danang Sun Peninsula Resort, Bai Bac, Son Tra Peninsula, Danang, Vietnam, +84 (511) 393 8888, www.ichotelsgroup.com/intercontinental/

InterContinental Hotels Group Launches the Crowne Plaza Brand in Vietnam

InterContinental Hotels Group Launches the Crowne Plaza Brand in Vietnam Jan 12, 07 | 8:57 am InterContinental Hotels Group has signed an agreement to manage a new-build, 500-room hotel under its Crowne Plaza brand in Danang, Vietnam. Developed by Hoangdat Silver Shores Exceptional International Entertainment Joint Venture Company, Crowne Plaza Danang is slated to open in early 2009. Situated along the prime beachfront district of Ngu Hanh Son, Crowne Plaza Danang will be 15 minutes south of Danang International Airport and the city centre. The US$ 52 million development will have panoramic views of China Beach and enjoy easy access to UNESCO-listed World Heritage sites, including the Marble Mountains, My Son Valley, Vietnam’s former Imperial City of Hue and Phong Nha-Ke Bang National Park. As the country’s fourth largest city and third largest commercial port, Danang plays a key strategic role as the economic, cultural and tourism hub of central Vietnam. The Danang Tourism Department targets to receive two million tourists annually by 2010, on the back of significant anticipated growth in business travel and MICE traffic. In line with this positive outlook, the tourism department is also planning to further develop the city’s entertainment and shopping, as well as the industrial and commercial zones in the surrounding regions. Jan Smits, chief operating officer, Southern Asia and Korea, InterContinental Hotels Group, said: “We are tapping into the vibrant Vietnamese economy which has distinguished itself as one of the key Southeast Asian economies to watch. Danang is a city in which this economic momentum is very much apparent. Its central location, with links to the capital city of Hanoi in the north and Ho Chi Minh in the south, also makes it a strategic address for our very first Crowne Plaza in Vietnam.” Hoang Hai, director-general of Hoangdat Silver Shores Exceptional International Entertainment Joint Venture Company, said: “We are privileged to partner with the world’s most global hotel company. This strategic alliance with InterContinental Hotels Group strengthens our position to make a positive impact on the development of tourism in Danang and Vietnam. Backed by the Group’s expertise and worldwide resources, we are confident that Crowne Plaza Danang will more than meet the expectations of the growing number of travelers to this busy seaport city.” Crowne Plaza Hotels & Resorts is the world’s fastest growing business brand and the preferred brand among discerning travelers. Truly The Place to Meet, Crowne Plaza delivers connectivity, efficiency and comfort, at over 240 strategically located properties around the world. About InterContinental Hotels Group InterContinental Hotels Group PLC of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, over 3,650 hotels and 543,775 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel IndigoTM, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards, with over 28 million members worldwide. Asia Pacific is the fastest growing region for InterContinental Hotels Group worldwide. The Group’s portfolio in this region includes 165 hotels and over 46,000 guest rooms under the InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, and Express by Holiday Inn® brands. InterContinental Hotels Group offers information and online reservations for all its hotel brands at www.ichotelsgroup.com and information for the Priority Club Rewards programme at www.priorityclub.com .