IHG (InterContinental Hotels Group) has signed an agreement with MBLand (Military Bank Land) to manage the Group’s first Holiday Inn Hotel in Vietnam’s capital city of Hanoi.
Scheduled to open in 2012, the new hotel, with more than 300 rooms, will be known as Holiday Inn Hanoi Dong Da and will be part of a mixed-development complex with an upmarket retail and commercial centre.
The project is a new build development located at Chua Boc Street, in the Dong Da District of Hanoi. This district is close to the city centre and is the most populous in Hanoi featuring a wide variety of residential and commercial and entertainment facilities.
The area is likely to become a major commercial district in the longer term due to its proximity to the city centre and the fact that its overall infrastructure has been upgraded, with new buildings coming up on an ongoing basis. The special design of the mixed development complex takes inspiration from Ha Long Bay (a World Heritage Site) and Vietnamese traditional art.
The hotel will be at the highest and most recognisable building of the complex, and guests will have easy access to the luxury retail centre. The mixed-development complex will also have excellent office facilities, making the hotel an ideal choice for business people.
The opening of the hotel will definitely meet the growing demand for hotel rooms by the ever increasing visitor arrivals to Hanoi. The city expects to attract two million international travellers and seven million domestic visitors by 2010. Hanoi welcomed 3.7 million tourists in the first half of 2008, a year-on-year increase of 12 per cent according to the Vietnam National Administration of Tourism (July 2008).
A Report By the Mole
