Results for:

Ayana Bali increases inventory with new tower

The Ayana Resort & Spa in Bali added 120 more rooms and suites to its inventory with the opening of a new tower.

The Rimba East tower forms part of Rimba Jimbaran Bali, the sister property that opened in 2013 adjacent to the Ayana.

The new units feature private balconies with ocean or forest views, while some offer direct access to the new treetop swimming pool. All bathrooms come with standalone bathtubs.

A new “sky bridge”, built 12 metres above the ground, connects […]

Read more

Hoshinoya Bali Hotel opened on January 20th, 2017

Japanese hotel management company, Hoshino Resorts Inc. (Yoshiharu Hoshino, CEO) is opening its first HOSHINOYA brand hotel abroad in Bali, the Republic of Indonesia on January 20th, 2017. “HOSHINOYA Bali” is enveloped by the lush green hills of Ubud, known as a center for Balinese traditional crafts and dance, surrounded by an environment of untouched rich nature. HOSHINOYA Bali overlooks the Pakerisan River, with sacred water canals running through the property, part of the island’s age-old water temple network recognized […]

Read more

Vietnam resort & hotel market optimistic in 2017

Vietnam’s hotel and resort market will see sustained or even accelerated growth in 2017, according to Alternaty, a real estate service company.

According to the company, Nha Trang, Cam Ranh and Phu Quoc will receive huge investment in the sector. Investors should be prepared for an upcoming drop in demand, despite the growing number of tourists to the localities.

Hotel mergers and acquisitions (M&A) activities were limited in 2016, with the transactions of InterContinental Asiana Saigon and Duxton Ho Chi Minh City among […]

Read more

Vietnam casino gambling latest news, Vietnamese allowed to gamble!

The Ministry of Finance in Hanoi (MOF) just revealed some proposed contents of the long-waiting casino business decree (Casino Decree).

Only 02 casinos are open to Vietnamese individuals on a 3-year piloting scheme, which are located within complex resorts in Phu Quoc District, Kien Giang Province (South Vietnam) and Van Don District, Quang Ninh Province (North Vietnam).

Local players are permitted to enter casinos if they essentially satisfy 04 following conditions:

21 years old or above;
Monthly salary of VND10 million or more (equivalent […]

Read more

Upbeat outlook for ASEAN tourism growth

BANGKOK – Asia’s booming tourism industry, a key force driving the region’s economies, has triggered calls for governments to boost investments in vital infrastructure to ensure the industry remains sustainable.

Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA), said Asia’s economic growth and rising local incomes had supported robust growth. But Herdman said the industry faces challenges in meeting capacity with additional infrastructure.

“The challenges are whether the infrastructure keeps up – and by infrastructure we mean airports, […]

Read more

Ho Chi Minh City will see 16 new hotel projects from 2017 to 2019 supplying approximately 3,500 rooms

Savills has reported that Ho Chi Minh City will see 16 new hotel projects from 2017 to 2019 supplying approximately 3,500 rooms.

More than 700 rooms from five existing three- to four-star hotels are also awaiting ratings approval.

In the fourth quarter of 2016, one three-star hotel completed renovations and five new three-star hotels supplied more than 440 rooms. “Ho Chi Minh City’s hotel stock was more than 15,900 rooms from 130 projects, up 3% quarter-on-quarter and 8% year-on-year,” the report stated.

Average […]

Read more