Lodgis Hospitality investment to drive ACDL and Ho Tram Strip to new heights

Lodgis Hospitality investment to drive ACDL and Ho Tram Strip to new heights

One of the high-profile developers in the fast-emerging market is ACDL which controls the 164ha Ho Tram Strip integrated resort.
Pinnacle Entertainment invests $95 million in ACDL

Pinnacle Entertainment invests $95 million in ACDL 4

Asian Coast Development (Canada) Ltd. (ACDL), the owner and developer of the Ho Tram Strip beachfront complex of destination integrated resorts and residential developments in southern Vietnam, announced today that it has entered into a subscription agreement with Pinnacle Entertainment, under which Pinnacle will acquire a 26 per cent equity interest in ACDL in exchange for a $95 million investment.