Industry News

First Wyndham Garden hotel opens in Vietnam

HÀ NỘI — Wyndham Hotel & Resorts, the world’s largest hotel franchising company, officially launched its first hotel in Việt Nam with the opening of Wyndham Garden Hanoi.

The upper-midscale hotel was developed by PPC An Thịnh Investment and Infrastructure Development JSC (PPCAT) and will operate under a management agreement with Wyndham Hotel & Resorts.

Located in one of Hà Nội’s fastest developing districts – Hà Đông, just 20 minutes from the city centre and 40 minutes from Nội Bài International Airport, the […]

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U.S. Presidential ambitions gone astray at Bali’s Tanah Lot

CNN, Newsweek and Channel 9News in Australia are reporting the plight of hundreds of workers at the Pan Pacific Nirwana Bali Resort who were terminated from their employment 18 months ago when plans were announced for the construction of the Trump International Collection Hotel on the location of the former Pan Pacific.

Promised re-employment in the new resort operated under the brand owned by US President Donald J. Trump, the unemployed hotel workers are going increasingly nervous that construction has failed to commence on the luxury resort and […]

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Melia to rebrand Ninh Binh hotel in Vietnam into a bleisure property

Spanish hotel group Meliá Hotels International will be taking over the management of The Reed Hotel in Ninh Binh, Vietnam, from May onwards.

The property, occupying the highest building in the area, will be rebranded to as Meliá Ninh Binh by January 2020, and will have 153 rooms alongside facilities such as an infinity pool, fitness centre, VIP lounge and three F&B options.

In addition, the next-door convention centre will also fall under Melia’s management. Event planners may avail the 4,000m2 of meeting space […]

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Avani adds three Vietnam properties to portfolio

Avani Hotels & Resorts has signed three new properties in Vietnam’s Vung Tau, Ho Chi Minh City and Cam Ranh.

The Avani Vung Tau Resort in the port city of Vung Tau – two hours by car from Ho Chi Minh City – is scheduled to open by the end of 2019. The property will feature 149 oceanfront and hillside rooms, and will also boast a signature oceanfront dining experience.

Set for a end-2021 opening is Avani Saigon in the historic District […]

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Meliá Ho Tram Beach Resort opens on Vietnam’s pristine southern coastline

Meliá Ho Tram Beach Resort, a 152-room and 61-villa five-star property poised on a beach within easy reach of Ho Chi Minh City, will celebrate its grand opening in April.

Heralding a new era for Meliá Hotels International, the resort is the first property to open in southern Vietnam under the Meliá Hotels and Resorts brand and the fourth for Vietnam.

With a design that pays tribute to contemporary aesthetics and traditional Vietnamese touches, the resort is blazing new ground in Ho […]

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Jakarta’s real estate market: a perspective

Five years ago, Jakarta’s property market was tracking upwards. Attracted by high rental yields and rapid price gains, foreigners were making do with short leases or uncertain ownership structures and buying up rental investments in new high-rise developments.

Today, things look very different. As the economy experiences a slowdown in global commodity demand, foreign buyers have all but pulled away and prime prices in the resale market have fallen 20 to 30 per cent from their peak. Another major concern is […]

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