Marriott unveils major expansion plans for Vietnam

By on April 1, 2022 0

(01 April 2022, 12:17 +07)
Marriott unveiled plans to expand its portfolio in Vietnam, planning to add nearly 9,000 rooms to the company’s portfolio and see the launch of key brands such as Ritz-Carlton Residences, Marriott Hotels, Westin and Courtyard by Marriott .

“Vietnam experienced impressive economic growth before the pandemic, driven in part by coordinated development policies and strong infrastructure investments,” said Rajeev Menon, president, Asia Pacific (excluding Greater China), Marriott International. “Our growth in Vietnam reflects the trust that our local owners and franchisees continue to place in Marriott International, and we look forward to presenting them with opportunities to leverage our comprehensive portfolio of 30 brands, as well as our strong distribution network. .

As the most global brand in Marriott’s upscale portfolio, Sheraton Hotels & Resorts plans to debut in several new destinations across Vietnam, including the Emerald Island of Phu Quoc, the famous heritage site UNESCO World Heritage Site of Ha Long Bay, the “City of Eternal Springs” Dalat and the shores of Binh Chau.

Living room of a large suite at the JW Marriott Hanoi

A Renaissance hotel is set to open in the coastal city of Danang, while Le Méridien Hotels & Resorts plans to debut in Danang and Cam Ranh.

The Marriott Hotels brand is set to debut in Hanoi and Hoi An, while the Westin is set to open in Hanoi and Cam Ranh.

Marriott Executive Apartments, the longer-stay brand, is also expected to start welcoming guests to Danang.

Marriott’s portfolio of select services is generating strong growth momentum in Vietnam, offering a range of offerings to domestic and international travelers. Fairfield by Marriott is set to be introduced in places such as Vinh Yen, Ha Long and Hanoi, while several Courtyard by Marriott hotels are set to open in Danang, Ha Long and Nha Trang.

Asia-Pacific (excluding China) is one of the fastest growing regions in the world for branded residences, driven in part by significant growth in Vietnam, where Marriott plans to open several Marriott-branded residences over the next four years.

In 2021, the company announced a landmark branded residential project that is expected to include nearly 4,200 dual-branded residential and office units in Ho Chi Minh (Saigon). The project is expected to serve as the largest hotel-branded residential project in the world and is expected to open in phases in late 2024.

The Ritz-Carlton Residences, Hanoi also plans to debut in Vietnam in 2024.

“Vietnam is a vibrant destination and has seen record levels of tourism over the years as international travelers flocked to the country and domestic travelers began to discover the many wonders available in their own backyards,” said Jakob Helgen, Regional Vice President – Thailand, Vietnam. , Cambodia and Burma, Marriott International. “With the recent reopening of borders, we hope Vietnam will rebound quickly, and we are excited to expand into even more parts of this captivating country.”

Marriott International currently operates ten properties in Vietnam, comprising 3,294 rooms and spanning six of the company’s brands. These hotels and resorts are located in six key business and leisure destinations including Hanoi, Ho Chi Minh, Danang, Nha Trang, Phu Quoc and Binh Duong.

See also: Exclusive travel industry interview with Kurt Ekert, President of Saber.


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