SINGAPORE-BASED GHM (General Hotel Management) bows out proudly of The Nam Hai in Hoi An, Vietnam, as the luxury hotel’s new ownership switches to Four Seasons Hotels & Resorts with which it has a long-standing relationship.
The property has been sold to a joint venture comprising Singapore’s Hotel Properties Limited (HPL) and Dubai’s ASB Development. Four Seasons manages other HPL hotels, including two in Bali and one in Singapore, so it comes as no surprise that the US brand was picked for The Nam Hai.
GHM’s president Hans Jenni told TTG Asia e-Daily that the parting was “very amicable”, adding he was proud of the mark the hotel had made.
He said: “We’ve had a highly fulfilling and rewarding association with The Nam Hai, Hoi An these past 10 years and are extremely proud of the legacy and reputation that we have imparted to this phenomenal resort. Since its conception, development and subsequent launch in 2006, GHM had worked tirelessly to manage what is often tagged as the best resort in Vietnam (and possibly in Asia) – a fact which innumerable awards and accolades that this hotel has garnered bear testament to.
“We’re couldn’t be more proud of the team that we have assembled, nurtured and trained all these years and are delighted that the majority of them will stay on even after the transition. While we may no longer be managing The Nam Hai from mid December, the GHM Style to remember legacy will always live on in the property.”
For Four Seasons, the resort marks its first entry into Vietnam, effective December 20.
“Vietnam is an important growth market for Four Seasons and this is a unique opportunity to quickly establish a presence in the country’s top resort destination with partners HPL and ASB, who believe in the culture of Four Seasons and share our vision for success,” said J. Allen Smith, president and CEO of Four Seasons, in a press statement.
Renovations to the resort will add an all-new beach bar, kids club and a variety of water sports to the existing tennis, badminton and basketball courts, and fitness centre. The resort will also offer a world-class spa, featuring eight private pavilions surrounded by the glass-like waters of a lotus pond.
A UK tour operator, David Kevan, director, Chic Locations, said: “I like GHM personally as individuals, but Four Seasons has a much more prominent international presence. I think this could be very good for Vietnam, increasing the range of truly deluxe options within the country. I am sure it will not be long before we see some additional Four Seasons resorts in places like Phu Quoc, Ho Chi Minh City or Hanoi.
Meanwhile, GHM has its hands full with a pipeline of 11 hotels to open between 2017 and 2020, its joint venture in China to develop Ahn Luh Hotels & Resorts (the first of which has opened in Shanghai) and its latest partnership with van de Bunt Partners to launch a mid-market brand, Tin Hotels, to cater to growing middle-class populations and millennials.