HotelsThe hotel group’s partnership with Sun Hospitality Group will cement IHG’s presence in the Quang Ninh province.

IHG signs four-property agreement for integrated development projects in Vietnam

Phase two of Ba Na Hills entertainment complex's expansion will include three hotels managed by IHG.
Phase two of Ba Na Hills entertainment complex's expansion will include three hotels managed by IHG. Photo Credit: IHG Hotels & Resorts

IHG Hotels & Resorts has announced a four-hotel, 2,709 room portfolio deal in Vietnam with strategic partner Sun Hospitality Group, a tourism-focused real estate developer. This partnership follows from the success of InterContinental Danang Sun Peninsula Resort.

Under this agreement, the two companies will build Vietnam’s first large-scale onsen destination resort in Quang Ninh. The 616-room Holiday Inn Resort Yoko Park Onsen will be an expansion of the existing Yoko Onsen Quang Hanh Resort.

Three other hotels will be built as part of the ongoing development of Ba Na Hills in the mountains of Danang. The 602-room Crowne Plaza Danang Ba Na Hills, 843-room Holiday Inn Resort Danang Ba Na Hills, and 648-room voco Danang Ba Na Hills will add to IHG’s portfolio of seven hotels in Danang.

“This marquee portfolio deal is aligned with our plan to grow our estate in Vietnam across all brands. As we work through the recovery, we know that domestic leisure business will be a strong driver of growth in the country. We’re looking to develop a range of destination resort and family-friendly destinations across Vietnam,” said Serena Lim, vice president of development, South East Asia and Korea, IHG.

“Quang Ninh Province is already famous for Halong Bay, and it will now offer a new wellness experience with Holiday Inn Resort Yoko Park Onsen. As the first large-scale hot spring resort in Vietnam, it will appeal to guests seeking drive-to and natural destinations to visit and explore,” said Nguyen Vu Quynh Anh, CEO, Sun Hospitality Group.

He added, “Following the success of the Ba Na Hills entertainment complex, we will introduce phase two of our expansion plan where all three new hotels will be managed by IHG. IHG’s three brands complement the myriad of activities that we will be adding as part of this expansion – from an amphitheatre, unique gardens and a retail podium for visitors."

Vietnam is a strong growth market for IHG, with 14 hotels across four brands: Six Senses, InterContinental, Crowne Plaza and Holiday Inn. There are 15 properties in its pipeline.

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