IHG to Launch Holiday Inn & Suites in Ho Chi Minh City
June 10, 2016 // Franchising.com // InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has signed a management agreement with Thuy Duong-Duc Binh Trading JSC, part of the holding affiliated with HD Bank and VietJet Air– one of the fastest-growing low-cost carriers in Asia – to launch a new 350-room Holiday Inn & Suites hotel in Ho Chi Minh City.
When it opens in 2018, Holiday Inn & Suites Saigon Airport will be one of the first hotels under the brand to enter Vietnam, joining six hotels under the IHG family in the country including the award-winning InterContinental Asiana Saigon, InterContinental Danang Sun Peninsula Resort and Crowne Plaza West Hanoi.
Located in close proximity to Tan Son Nhat International Airport and major business districts in the city’s periphery, the hotel will offer business travellers convenient access to major industrial park areas such as Binh Duong, Dai Nong and Saigon Hi Tech Park, enabling them to bypass the busy rush-hour traffic in downtown Ho Chi Minh City. The hotel will also be connected to the city via the upcoming Metro System which is located near to the hotel and will link the downtown area to major population centres in the suburbs of the city from 2017.
Holiday Inn & Suites Saigon Airport will be part of a mixed use development which will also include a retail mall, Republic Plaza, and residential apartment developed by Thuy Duong – Duc Binh Corp. The hotel will feature an all-day dining restaurant, a lobby lounge, and a café and pool bar, at which both guests and customers and tenants of the retail mall can enjoy meals.
The hotel will also feature eight meeting rooms suitable for holding conventions and events, a business centre and a departure lounge where guests can relax whilst waiting to board their flight. During their downtime guests can unwind at the outdoor swimming pool or work out at the fitness centre.
Leanne Harwood, Vice President, Operations, South East Asia and Korea, IHG said: “Ho Chi Minh City is a major gateway to a number of Vietnam’s major industrial parks and manufacturing centres, and in recent years its seen an increase in foreign investment. These have all 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 into the hotel when it opens in 2018.”
Mme Nguyen Thi Phuong Thao, advisor to the holding and CEO of VietJet Air said: “With our growth trajectory in the travel industry, it’s a natural next step for us to look for a hotel partner with a strong track record of operating great international hotels to work with. The Holiday Inn brand is one of the most recognised hotel brands in the world and we are delighted to be working with IHG to open one of the first Holiday Inn hotels in the country with the launch of Holiday Inn & Suites Saigon Airport.”
IHG currently has six hotels open across two brands in Vietnam: InterContinental and Crowne Plaza. In the next three to five years the company will double its presence when it opens another six hotels in the country.
About IHG® (InterContinental Hotels Group)
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, HUALUXE™ Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN® Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® andCandlewood Suites®.
IHG franchises, leases, manages or owns more than 5,000 hotels and 742,000 guest rooms in almost 100 countries, with nearly 1,400 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world’s first and largest hotel loyalty programme with nearly 94 million members worldwide.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG’s hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.
SOURCE IHG® (InterContinental Hotels Group)