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Wednesday, June 19, 2024

Marriott plans to expand with 20 more hotels, resorts in Vietnam

The Saigon Times

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HCMC – Marriott Group is exploring an ambitious plan to open an additional 20 hotels and resorts in major cities and tourist destinations across Vietnam.

During a meeting with Prime Minister Pham Minh Chinh on October 25, Anthony Capuano, President and CEO of Marriott, highly valued Vietnam’s tourism potential, especially the country’s beautiful landscape, geographical location, and rich cultural identity.

Marriott plans to expand its presence in Vietnam and establish a long-term foothold in the country. Specifically, the group aims to open 20 new hotels and resorts in big cities such as Hanoi, HCMC, Danang, and Phu Quoc.

Currently, Marriott manages 16 hotels and resorts in Vietnam under globally recognized brand names like JW Marriott, Le Meridien and Sheraton.

In response, PM Chinh highlighted the significance of the two countries’ cooperation in economy, trade, investment, and finance and considered it as a driving force behind the bilateral relationship.

The Government is committed to providing a favorable and mutually beneficial environment for investors, added PM Chinh.

Founded in 1927 in the U.S., Marriott is the world’s largest resort and hotel chain, with its presence in 139 countries and territories, featuring 8,000 accommodation locations and nearly 1.5 million rooms.

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