Vina Properties takes over Novotel Phan Thiet
Details of the deal were not revealed but a source from Vina Properties said the acquisition was completed a few days ago. The new owner has changed the hotel’s name to DuParc Phan Thiet Ocean Dunes & Golf Resort.
Indochina Capital Investment Fund is one of the investors in the project. Apart from an 18-hole golf course, the project features a four-star hotel with 123 rooms operated by Accor Hotel Group.
Earlier, Vina Properties acquired the stakes of Hong Kong’s Kovina Investments Limited and Singapore’s AOI Saigon Pte Ltd. in Amara Saigon Hotel in Ho Chi Minh City’s District 3. The 280-room hotel was then renamed Ramana Saigon Hotel.
In 2010, the group expanded its investment portfolio in the hospitality industry by taking over Dalat Palace Luxury Hotel & Golf Club and DuParc Hotel Dalat in Dalat City.
Vina Properties is a local company active in the business fields of hotel-entertainment, aviation and construction.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Mitsubishi Estate launches Logicross Hai Phong - a milestone in logistics evolution (November 20, 2024 | 14:32)
- Semiconductor workforce partnerships deliver industry-relevant training (November 20, 2024 | 10:58)
- German Quickpack to invest $31.7 million in Long An province (November 20, 2024 | 09:31)
- Foreign-invested enterprises drive logistics investment in the southeast region (November 20, 2024 | 09:27)
- Chile visit underscores trade benefits (November 19, 2024 | 10:00)
- Trump’s second term impacts sci-tech activities and industry 4.0 technologies (November 18, 2024 | 10:00)
- Vietnam eyes nuclear revival to bolster energy security (November 14, 2024 | 16:46)
- Kyokuyo completes $13.5 million seafood factory in Vietnam (November 14, 2024 | 12:19)
- VinFast receives $3.5 billion funding from Vingroup and Pham Nhat Vuong (November 14, 2024 | 06:38)
- Localities sprint to reach FDI targets (November 13, 2024 | 10:00)
Mobile Version