Hyatt announces plan for Park Hyatt Hotel and Residences in Phu Quoc

The public area at Park Hyatt Phu Quoc

On March 13, Hyatt Hotels Corporation (NYSE: H) announced that a Hyatt affiliate has entered into an agreement with an affiliate of BIM Group to develop the 110-key Park Hyatt Phu Quoc hotel as well as 65 residences. Slated to open in 2022, Park Hyatt Phu Quoc will offer discerning travellers a sophisticated resort destination surrounded by pristine nature. Besides, it will join the award-winning Park Hyatt Saigon and is the luxury brand’s first resort in Vietnam.

“As Hyatt grows its resort presence in Vietnam, we are delighted to bring the Park Hyatt brand to a remarkable destination such as Phu Quoc Island with its rich biodiversity, beautiful beaches and idyllic surroundings,” said David Udell, group president, Asia-Pacific, Hyatt Hotels Corporation. “We are pleased to embark on our relationship with BIM Group with this landmark project to bring the Park Hyatt brand’s refined residential and luxurious hospitality to Phu Quoc.”

Park Hyatt Phu Quoc will offer guests an exclusive oasis, a sophisticated home-away-from-home with design inspired by traditional Vietnamese villages. Featuring exceptional, luxurious interiors with exquisite Vietnamese accents, all guestrooms, suites and villas will also offer stunning sea views.

Other resort facilities will include two dining outlets, a bar, a pool-side barbecue, two swimming pools, a lakeside spa, a gym house with a lap pool, a Camp Hyatt kids’ village, more than 4,300 square feet (400 square metres) of event space and an organic farm.

“Meticulously created with authentic local designs and craftsmanship, Park Hyatt Phu Quoc represents true luxury in Vietnam,” said Le Minh Dung, vice general director, BIM Group. “Located in one of the most exclusive locations in the country, the ultra-luxury resort and beachfront villas will provide guests with an exclusive sanctuary surrounded by breath-taking nature. We are delighted to work with Hyatt on this exciting project and are confident that the company’s international hospitality expertise will enable us to introduce a new kind of luxury and sophistication to Phu Quoc.”

Luxury and elegance at the pool at Park Hyatt Phu Quoc

Situated on the southwestern tip of Phu Quoc Island, the hotel and residences will be positioned to offer guests and residents mesmerising sunset views. The development will stretch across 160 acres of land bordered by an expansive mile-long white sandy beach on one side and lush undulating hills on the other. Park Hyatt Phu Quoc will be a 30-minute drive from Phu Quoc International Airport, with direct access via the main north-south highway, and 40 minutes from Duong Dong, the island’s main town.

Phu Quoc is Vietnam’s largest island. Half of the island is within the confines of the national park and the UNESCO World Heritage site Kien Giang Biosphere Reserve, one of the largest biosphere reserves in Southeast Asia. The reserve covers an extensive area of tropical rain forests, coral reefs, and wetlands and is home to hundreds of species of plants and wild animals.

Park Hyatt hotels provide discerning, affluent business and leisure guests with elegant and luxurious accommodations. Guests of Park Hyatt hotels receive highly attentive personalised service in an intimate environment. Located in several of the world's premier destinations, each Park Hyatt hotel is custom-designed to combine sophistication with unparalleled enrichment. Park Hyatt hotels feature well-appointed guestrooms, meeting and special event spaces for groups, critically acclaimed art, food and beverage programmes, and signature restaurants featuring award-winning chefs.

BIM Group is a diversified corporation in Vietnam, successfully establishing its mark in four main business fields, including tourism development and real estate investment, agriculture-food, commercial services, and renewable energy. BIM Land is BIM Group’s business arm in the tourism development and real estate investment sector. It is one of Vietnam's largest real estate developers with dominant positions in key tourism-focused submarkets that benefit from robust urbanisation, tourism growth, and industrialisation.

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 19 premier brands. As of December 31, 2018, the company's portfolio included more than 850 properties in 60 countries across six continents.