Dusit International expands in Vietnam

Dusit International, one of Thailand’s leading hotel and property development companies, has signed a long-term agreement with Vietnamese real estate developers General Technology Joint Stock Company to develop and operate Dusit Tu Hoa Palace, Hanoi, in the city’s affluent Tay Ho District, at the northern end of the city’s largest freshwater lake, West Lake. 

Comprising 207 well-appointed guest rooms, the upscale property will put guests at the heart of a vibrant lakeside community renowned for its international restaurants, trendy cafes, chic nightlife venues, and fascinating lakeside temples. Noi Bai International Airport is only 30 minutes away by car, while Hanoi’s Old Quarter, the city’s business hub and main tourist destination, can be reached in just 15 minutes.

In line with Dusit’s mission to uniquely deliver Thai-inspired gracious hospitality to the world, the hotel will feature a distinctive blend of Thai and Vietnamese design elements to offer high levels of comfort and convenience for business and leisure travellers alike. Hotel facilities will include an all-day dining restaurant, a rooftop bar, meeting rooms, and a swimming pool. Many of the guest rooms will offer views of the lake and its surrounds.

Guests will also enjoy easy access to local attractions such as Vietnam’s oldest temple, Tran Quoc Pagoda, which was built in the 6th century; and Quan Thanh Temple, which is renowned for its detailed wood carvings.

“We are delighted to partner with General Technology Joint Stock Company to bring our unique brand of Thai inspired, gracious hospitality to Vietnam’s vibrant capital for the first time,” said Mr Lim Boon Kwee, Chief Operating Officer, Dusit International. “As a destination, Hanoi keeps going from strength to strength. Last year the city welcomed more than 6 million foreign visitors in the first 11 months – up 12% year-on-year. The country’s strong GDP growth rate is also driving a rapidly growing segment of high-spending domestic tourists. With this in mind, now is the perfect time to expand our operations into the city and strengthen our brand for further growth in Vietnam.”

Mr Le Minh Thanh, Chairman of the Board of Management, General Technology Joint Stock Company, said, “Dusit’s ability to translate its Thai heritage and industry expertise into impressive localized services and experiences is fully evident at its international properties, including its first hotel in Vietnam, Dusit Princess Moonrise Beach Resort Phu Quoc, which opened in 2018. We now look forward to working with Dusit to offer a distinctive hotel experience in Hanoi that delights guests and customers, and which delivers long-term, sustainable value for all stakeholders.”

Dusit International’s property portfolio now comprises 307 properties operating under six brands across 15 countries. The company has also recently diversified into food business, with strategic investments designed to mitigate risk, expand its customer base, and generate revenue from adjacent lines of commerce.