Hyatt expands presence in Vietnam with Hyatt Regency Nha Trang

Hyatt Regency Nha Trang will mark the first Hyatt branded hotel in Nha Trang, Vietnam

Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with an affiliate of A&B Group for a Hyatt Regency hotel in Nha Trang, Vietnam. Set to open in late 2019, the 434-room hotel will mark the first Hyatt Regency hotel in Nha Trang, a coastal resort city in southern Vietnam.

Hyatt expands presence in Vietnam with Hyatt Regency Nha Trang 1

A&B Group, established in 1993 as a construction company which diversified into designing, manufacturing and distributing interior design equipment and wooden furniture in Vietnam, Laos and Cambodia expanded its business into the hospitality sector with a strategy to tap into resort opportunities within the country.

Hyatt expands presence in Vietnam with Hyatt Regency Nha Trang 2

Hyatt Regency Nha Trang will be designed to connect today’s travelers to who and what matters most. As part of a mixed-use development, which includes retail and office space, Hyatt Regency Nha Trang will feature 434 guestrooms, a majority of which will enjoy sea views, more than 12,000 square feet (1,130 square meters) of meeting space, multiple bars and restaurants, a fitness center, and a swimming pool.

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The hotel will be located along Tran Phu Street, one of Nha Trang’s prominent streets lined with pastel-colored houses and shops reminiscent of colonial Vietnam. The seaside street today attracts locals and travelers for its art galleries that showcase Vietnam’s local flavor. While Nha Trang has been a popular beach destination for leisure travelers, the shipbuilding industry has contributed heavily to the city’s economy, attracting business travelers to the city. Cam Ranh International Airport, which serves the city, welcomed 5.4 million passengers in 2017, while the government plans to accommodate the rising number of visitors with the introduction of a second airport terminal.

For more information about the Hyatt Regency brand.

For more information about AB Group.

 

Source: https://www.rh-asia.com/2018/07/15/hyatt-expands-presence-in-vietnam-with-hyatt-regency-nha-trang/