Carlson Rezidor Hotel Group enters Vietnam

Carlson Rezidor Hotel Group today announced the signing of a management contract with Eurowindow Nha Trang Investment and Tourism Joint Stock Company to develop the Radisson Blu Cam Ranh Bay. Scheduled to open in the first quarter of 2019, the beachfront property is an anticipated new development along the coast of the Vietnamese resort destination.

“As we grow across Asia Pacific, we are pleased to expand our footprint into Vietnam and into a segment that is currently underserved in the region,” said Thorsten Kirschke, president, Asia Pacific, Carlson Rezidor Hotel Group.

Radisson Blu Cam Ranh Bay marks the beginning of the company’s Vietnam growth story, which will focus on Tier 1 cities and resort destinations, as well as second tier cities. Carlson Rezidor is currently pursuing development opportunities in top destinations including Hanoi, Ho Chi Minh City and Danang, while also exploring upcoming destinations such as Phu Quoc, Hue, Dalat, Quy Nhon, Mui Ne, Sapa, and Hai Phong.

With the government’s push to accelerate infrastructural projects, the setting aside of a USD 100 million fund to promote tourism, the relaxation of visa regulations, as well as a growing number of domestic flights, the outlook for the hospitality market in Vietnam is strong.According to the Vietnam National Administration of Tourism, the number of international visitors to Vietnam in 2014 was 7,874,312, which represents a 4 percent increase over the previous year. And the number of international visitors arriving in Hanoi in the first half of 2015 was 8.8 percent higher than the same period last year, while Ho Chi Minh City saw a 3 percent rise in international arrivals over the same timeframe.

“We are honored to partner with a globally recognized hotel group to deliver world class hospitality in Vietnam. We are confident in Carlson Rezidor’s management capabilities and in their Radisson Blu brand, which positions our hotel for solid performance,” said Nguyen Canh Son, Chairman, Eurowindow Nha Trang Investment and Tourism Joint Stock Company.