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IHG expands Holiday Inn presence in Vietnam with latest signing

September 18, 2018 Hotel Developments No Comments Email Email

 IHG® (InterContinental Hotels Group) has signed a management agreement with Công Ty Tnhh Mot Thanh Vien Đầu Tư Đông Sài Gòn DSG (DSG) for a new-built Holiday Inn & Suites in Ho Chi Minh City — the second Holiday Inn®  in Vietnam’s commercial capital.

Opening in 2021, Holiday Inn & Suites Saigon Hi-Tech Park will offer 300 guest rooms, including 50 long-term stay suites, a convenient 20 minutes away from the Tan Son Nhat Airport and the future Long Thanh Airport. With its prime location in District 9 — which houses key multinational business operations including Samsung’s largest plant and the VietJet Aviation Centre (in conjunction with Airbus) — business travellers will enjoy unparalleled proximity to the technology hub, while staying well connected to downtown District 1 via the upcoming metro network.

Serena Lim, Vice President, Development, South East Asia & Korea, IHG said: “As Vietnam’s commercial capital and largest city, Ho Chi Minh City represents one of our key markets in the region. Last year, it welcomed nearly 6.4 million international tourist arrivals — a 23 per cent increase since 2016, accounting for almost half of Vietnam’s 12.9 million tourist arrivals. The city’s fast-growing business and tourism sectors bode well for our strategic expansion in this market, and we know that Holiday Inn & Suites Saigon Hi-Tech Park will be well-poised to meet the rising demand for internationally branded and reliable accommodation in Ho Chi Minh City.”

As part of a mixed-use development, Holiday Inn & Suites Saigon Hi-Tech Park will offer guests a variety of retail and lifestyle options right at their doorstep including a retail mall, driving range, and cultural park. Guests will be able to enjoy a meal at any one of the hotel’s three dining outlets, and seek relaxing downtime at its outdoor pool, gym, spa and e-gaming facility. For corporate functions and special occasions, event planners can choose from five meeting rooms, including a banquet-style room that can accommodate up to 600 guests.

The owner is Công Ty Tnhh Mot Thanh Vien Đầu Tư Đông Sài Gòn DSG (“DSG” for short), an affiliated company of a real estate developer – Beton 6 Construction & Civil Engineering Corporation (“Beton 6” for short).

Mr. Le Thien Giao, General Director of Beton 6 said: “With a strong track record of operating great international hotels, we are delighted to work with IHG to grow our hospitality portfolio in this exciting market. The Holiday Inn brand is one of the world’s most recognised hotel brands in the world, known for providing consistently comfortable and reliable accommodation across the globe. It would be a great addition to Ho Chi Minh City’s rising technological hub. We are confident that our hotel will be well-received amongst business and leisure guests alike when we open our doors in 2021.”

IHG® has 8 hotels operating across two brands in Vietnam, with a further 10 in the development pipeline, including Regent®, InterContinental®, Crowne Plaza®, Hotel Indigo® and Holiday Inn®.  Across South East Asia & Korea, there are 47 Holiday Inn properties open and an additional 30 properties due to open within the next three to five years.

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