Holiday Inn enters Vietnam
IHG has signed a management agreement with Thuy Duong-Duc Binh Trading, affiliated with HD Bank and VietJet Air, to launch a new 350-key Holiday Inn & Suites hotel in Ho Chi Minh City.
Set to open in 2018, Holiday Inn & Suites Saigon Airport will join six hotels under the IHG family already in the country, including InterContinental Asiana Saigon, InterContinental Danang Sun Peninsula Resort and Crowne Plaza West Hanoi.
The property will be part of a mixed use development which will also include a retail mall and residential apartment complex, and feature an all-day dining restaurant, a lobby lounge and a café and pool bar.
Located in close proximity to Tan Son Nhat International Airport and the city’s major business district, the hotel will offer business travellers convenient access to major industrial park areas and will be connected to the city via an upcoming metro system.
Leanne Harwood, Vice President of Operations, South East Asia and Korea, at IHG comments: “Ho Chi Minh City is a major gateway to a number of Vietnam’s major industrial parks and manufacturing centres, and in recent years it has seen an increase in foreign investment. This has contributed to a healthy rise in visitor arrivals into the city, and there is a great opportunity to bring another quality branded hotel into the market to cater to the rising number of business travellers. We look forward to welcoming guests in 2018.”
IHG currently oversees six hotels across two brands in Vietnam, and in the next three to five years aims to double its presence by opening a further six hotels in the country.
