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Okura Prestige Saigon will launch in 2020

Japan’s Okura Hotels & Resorts has agreed to manage its first Okura-branded property in Vietnam.

The company has signed a deal with Alternaty Real Estate for the Okura Prestige Saigon, which will also mark the company’s second hotel in Ho Chi Minh City, following the Hotel Nikko Saigon. Okura also operates the Hotel Nikko Hanoi.

Opening in 2020, Okura Prestige Saigon will form part of the Satra Tax Plaza, a brand new 40-storey complex currently under construction on the site of the […]

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New structure of Marriott brands explained

Marriott recently began the gargantuan task of streamlining the categorization of its many branches. Amid customer confusion over the identity of their now 30 brands, Marriott has started dividing its hotels, residences and condominiums into different sections.

The brands fall under four broad umbrellas: Luxury, Premium, Select and Longer Stays. Luxury is the most high-end section and offers “bespoke and superb amenities and services” and contains brands under the following headings: Classic Luxury (Ritz-Carlton, St. Regis) and Distinctive Luxury (BVLGARI, W […]

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VinaCapital sets 2019 date for Vietnam Casino opening

Vietnam’s next major integrated resort casino finally has a name and a launch date.

This week saw Vietnamese real estate investment and development firm VinaCapital Group proudly announce that its $4b “integrated tourism and leisure destination” would operate under the name Hoiana. VinaCapital says the property’s first phase will open in Q1 2019.

Hoiana will occupy four kilometers of beachfront just outside the UNESCO World Heritage site Hoi An in Quang Nam province. Hoiana’s first phase will include a 445-room hotel, 220 […]

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InterContinental Jakarta MidPlaza will rebrand to AYANA Midplaza JAKARTA effective 1st April 2017

Located in the popular business, shopping and dining district of Jalan Sudirman, as well as a mere 45 minutes from Soekarno-Hatta International Airport and two kilometers from Plaza Indonesia, the 5-star 366 room and suite AYANA Midplaza JAKARTA will be a top urban destination for stylish accommodation, chic dining and modern spa experiences.

According to Clive Edwards, General Manager of AYANA Resort and Spa BALI, “The rebranding of InterContinental Jakarta MidPlaza to AYANA Midplaza JAKARTA is the next significant milestone in […]

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Banyan Tree and AccorHotels announce strategic partnership

Banyan Tree Holdings today announces that it has entered into a heads of agreement with AccorHotels. Under a long-term partnership, both parties intend to collaborate to develop and manage Banyan Tree branded hotels around the world. Banyan Tree will also have access to AccorHotels’ global reservations and sales network, as well as its loyalty programme Le Club AccorHotels.

AccorHotels will invest an initial SGD 24 million (c. €16 million) in Singapore-based Banyan Tree and both parties will then co-develop the brands […]

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Marriott doubles luxury footprint across eight brands

Marriott International has announced that the company continues to grow its leadership position in luxury, doubling its portfolio of luxury hotels through the recent merger with Starwood Hotels & Resorts. Providing global travelers a selection of diversified, high-end experiences in 61 countries, the Marriott International Luxury Brands group now includes the iconic St. Regis, The Luxury Collection and W Hotels brands, in addition to the company’s world-renowned hospitality hallmarks The Ritz-Carlton, Ritz-Carlton Reserve, Bulgari Hotels & Resorts, EDITION and JW Marriott. […]

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