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Mövenpick Hotels & Resorts to expand in Vietnam

Released at: 10:27, 29/08/2017

Mövenpick Hotels & Resorts to expand in Vietnam

Photo: Mövenpick Hotels & Resorts

Swiss group targets opening 10 hotels in country by 2020.

by Quynh Nguyen

Switzerland’s Mövenpick Hotels & Resorts will expand its investment in Vietnam by opening ten hotels by 2020, according to Mr. Oliver Chavy, President and CEO of Mövenpick Hotels & Resorts.

Mr. Chavy and his colleagues at the Executive Committee at Mövenpick Hotels & Resorts headed to Vietnam as part of its “Grand Tour of Asia”, with visits to Hanoi, Da Nang, Cam Ranh and Phu Quoc Island, demonstrating its commitment to the country’s thriving hotel market.

The four-day stopover in Vietnam from August 27 to 30 is part of the leadership team’s two and a half week mission to meet colleagues, hotel owners, and key partners in Vietnam, Thailand, Malaysia, the Philippines, and Indonesia, which began on August 20 and will run until September 6.

According to Mr. Chavy, the expansion will kick off next year with the opening of Mövenpick Resort Cam Ranh, featuring 250 rooms, 100 residences, and 100 villas. The company’s Vietnam development strategy will gain further traction with the launch of the 330-room Mövenpick Resort Phu Quoc in 2019 and the opening of Mövenpick Resort & Spa Quy Nhon, Mövenpick Hotel & Residence Han River, Da Nang, and Mövenpick Hotel & Residence Quang Binh in 2020.

It is also in negotiations to operate five additional hotels in key locations around the country, Mr. Chavy revealed. “Vietnam is strategically important for Mövenpick Hotels & Resorts as it is one of the region’s highest-growing hospitality markets and has strong development prospects for our company,” he said. “Our ambition is to grow our portfolio to ten hotels within the next five years, a move that would make us one of the largest international hotel companies operating under a single brand in the country.”

 According to the group’s management, Mövenpick Hotels & Resorts is currently applying more information technology in the operations of hotels, such as cloud computing and electronic check-in. In particular, it applied the “good sleep” concept from March 17 this year, with advanced technology helping guests get a full night’s sleep.

Mr. Chavy told VET that that although there are many international operators coming to Vietnam’s tourism market, Mövenpick Hotels & Resorts differentiates itself in the market. “We know full well about our strengths after ten years of operations in Vietnam,” he said. “Apart from hotels and resorts, we also have condotels and other strong products where we commit with developers regarding profitability.”

The company now operates ten hotels and resorts in seven Asian destinations. In addition to its property in Hanoi, the firm manages five hotels and resorts in Thailand and one property in China, the Philippines, and Sri Lanka.  


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