US$4billion mega resort coming to Hoi An in 2019 - TTG Asia - Leader in Hotel, Airlines, Tourism and Travel Trade News
 
Tuesday . August 22 . 2017
         
Follow TTG Asia on Twitter
TTG ASIA this week
TTG Asia ASEAN 50th Anniversary Special Supplement
TTG Asia Luxury
 
Share |
US$4billion mega resort coming to Hoi An in 2019
Hong Kong, December 12, 2016
 

Vietnam's real estate firm VinaCapital, together with Hong Kong's Gold Yield Enterprises and the Suncity Group of Macau, have entered into a joint venture to develop Hoiana, a new resort destination located south of Hoi An in central Vietnam.

 

The US$4 billion beachfront project is scheduled to open its first phase in 1Q2019 with a casino, 445-room hotel complex, 200 apartment-suites for sale on a buy-to-let basis operated by Hong Kong’s New World Hotels, a luxury Rosewood spa with 75 villas and 25 residences, as well as a Robert Trent Jones II-designed golf course.

 

 

Leisure activities include a beach club and entertainment venue, live shows and events, watersports and dive centre, retail promenade and a range of new bars and restaurants.

 

Subsequent phases will happen over the course of 10 to 15 years, where a township of hotels, residential and lifestyle zones, beachfront village and retail district, convention centre, hospitality training college, water sports hub, second golf course and a new lagoon are currently being envisioned.

 

Hoiana’s chairman, Don Lam, said: “This integrated resort and leisure playground will set a new benchmark for high-end tourism in Vietnam, bringing economic prosperity and opportunity to Quang Nam province.”

 

Lam expects the mega resort to inject significant income opportunities into the local economy, but added that the developers will seek to minimise the venture's impact on the environment.

 

The expansion of the nearest Da Nang International Airport has since been fast-tracked by the Vietnamese government to accommodate the expected influx of visitors when Hoiana is completed.

Print Top Stories
 
 
Editor's pick >
   
Planning for tomorrow

by TTG Asia reporters

Keeping the land fertile

by Marissa Carruthers

Clutching at straws of recovery

by Marissa Carruthers

Competing for fun

by Pamela Chow

In a state of vast potential

by S Puvaneswary

 

 

>