Lê Công Kiều Hotel, a 56-key property, will be located along the Lê Công Kiều street – a well known antique shopping street, while Ngô Văn Năm Hotel, a 30-room property, will be located in the heart of Ho Chi Minh City’s Japan town.
Both hotels are located at District 1 of Ho Chi Minh City. They are within a 20-minute and 15-minute drive from Tan Son Nhat International Airport and Saigon Railway Station respectively.
Under the aggreement, Far East Hospitality’s responsibilities include hotel operations and sales & marketing functions. Far East Hospitality will also act as a consultant during the design, planning, and construction stages of the hotels.
Both hotels are set to open in Ho Chi Minh City by end of 2019.
“Vietnam is one of the fastest growing tourism markets in the world with double-digit percentage increases in the country’s international arrivals since 2015. Furthermore, the Vietnamese government has also set a goal of 20 million foreign visitors by 2020,” says Arthur Kiong, CEO of Far East Hospitality.
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