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Wyndham Hotels & Resorts to bring renowned brand to Vietnam
By Minh Nguyen
Sunday,  Sep 9, 2018,10:30 (GMT+7)

Wyndham Hotels & Resorts to bring renowned brand to Vietnam

By Minh Nguyen

Gary Martin, head of development at ACDL, introduces the Ramada by Wyndham Ho Tram Strip project to guests at a function held on September 8 - PHOTO: NGUYEN PHUONG

HCMC - Wyndham Hotels & Resorts will launch its renowned Ramada Worldwide by Wyndham brand in Vietnam with a beachfront hotel within the Ho Tram Strip, Vietnam’s largest integrated beach resort destination in the southern province of Ba Ria-Vung Tau.

The upper-midscale Ramada by Wyndham Ho Tram Strip Hotel is under construction in the multi-billion dollar Ho Tram Strip development covering 164 hectares and a 2.2km beachfront site.

The 12-storey hotel is being developed on 5.3 hectares by Ho Tram Project Company Limited (HTP) under Asian Coast Development Ltd (ACDL). The 198-key property will include seven two-bedroom penthouses and 36 three-bedroom villas when it is expected to be operational in late 2019.

Investors can buy units at the property, which was previously known as Kahuna Ho Tram Strip condotel and villa project. Prices range from VND2 billion (some US$86,000) for a standard condo unit. Investors will get 21 nights of free occupation every year, a guarantee of 8% return on net sale price for the first two years and 9% for the following two years, and a lessee-favored 60/40 split of the net rental revenue from the fifth year.

The condotel will comprise of two tropical outdoor pools, reflective ponds, and a water-lined walkway. Other facilities will consist of a spa, a gym, two restaurants, a pool bar, and meeting rooms.

HTP executive chairman Michael Kelly said Ramada by Wyndham Ho Tram Strip is the newest addition to the Ho Tram Strip. “We look forward to working together with Wyndham Hotels & Resorts as we prepare for our opening late next year,” he said.

Guests of the new property will be able to access the facilities of the Ho Tram Strip development, including a convention center, a casino, a shopping precinct, multiple restaurants and bars, and an 18-hole golf course called The Bluffs.

A 559-room 5-star hotel the Beach Club and a water park are also under construction within the Ho Tram Strip, which is about a two-hour drive from HCMC and 60 km from the planned Long Thanh International Airport. An amphitheater seating up to 2,000 people will also go up in the integrated beach resort destination.

Wyndham Hotels & Resorts sees Vietnam as a key focus market thanks to its fast-growing tourism industry. The company currently operates the Wyndham Legend Halong Bay and plans to open six new hotels and resorts under its Wyndham Grand, Wyndham, and Wyndham Garden brands over the next three years.

Joon Aun Ooi, president and managing director, Wyndham Hotels & Resorts, South East Asia and Pacific Rim, described Vietnam as one of the world’s most dynamic tourism destinations.

“The country attracted 7.9 million international visitors in the first half of 2018, putting it firmly on course for yet another record-breaking year – potentially exceeding the previous record of 12.9 million visitors achieved in 2017. To cater for this strong demand, impressive new developments are rising all across the country, including the Ho Tram Strip,” Ooi said.

Wyndham Hotels & Resorts is the world’s largest hotel franchising company, with nearly 9,000 hotels in more than 80 countries and a leading provider of hotel management services, with more than 400 properties. In South East Asia and Pacific Rim, the company has more than 120 properties operating under its Ramada Worldwide by Wyndham, Wyndham Grand, Wyndham, Wyndham Garden, Days Inn by Wyndham, TRYP by Wyndham, Howard Johnson by Wyndham, and Microtel Inn & Suites by Wyndham brands.

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