Amidst a dynamic market landscape, the strategic partnership between VinaLiving and Lodgis Hospitality Holdings marks a significant move to redefine Vietnam’s hospitality real estate sector.
Over 15 years of unwavering pursuit, VinaLiving has emerged as a leading force in the hospitality real estate market. With 18 prestigious international awards and a total investment of US$1 billion, VinaLiving has successfully developed nearly 20 residential and hospitality projects, as well as numerous joint ventures across the country. In parallel, Lodgis Hospitality Holdings, a brainchild of two investment giants VinaCapital and Warburg Pincus, has solidified its position as a leader in Southeast Asia’s hotel market with over 30 hotels, managing nearly 6,200 rooms, and a total asset value of nearly US$1 billion, including renowned brands such as Intercontinental, Holiday Inn, and Fusion. In Vietnam, Lodgis Hospitality Holdings has successfully developed and operated numerous high-end resorts, such as Ixora by Fusion Ho Tram and Intercontinental Grand Ho Tram, contributing to the enhancement of service quality and tourist experiences in the country.
This strategic partnership has rapidly demonstrated its strength through the successive launch of outstanding projects such as The Ocean Resort Quy Nhon, Fusion Resort & Villas Da Nang, and most recently, Ixora 2. These projects not only boast prime locations and unique designs but also impress with diverse amenities that cater to all customer needs. Notably, the newly launched Ixora 2 model villa has helped the project quickly sell out with a 90% absorption rate, demonstrating its immense appeal.
Redefining Luxury Retreats: Quality and Experience Take Center Stage
By joining forces, VinaLiving and Lodgis Hospitality Holdings are setting a new benchmark for vacation properties in Vietnam. Beyond constructing high-end properties, these industry giants are committed to sustainable development, environmental protection, and positive community contributions. Their upcoming billion-dollar Ho Tram Phase 3 project, slated for a 2025 launch, will serve as a testament to this vision.
This partnership not only benefits both companies but also drives the entire hospitality real estate market forward. Through quality projects, professional services, and effective marketing, this dynamic duo has restored investor confidence and established a new industry standard.
VinaLiving CEO Do Chi Hieu shared, “This is a highly competitive sector that demands extensive experience and a strong commitment to product quality. Today’s discerning customers seek more than just a vacation home; they’re looking for a long-term investment. As such, construction quality, amenities, and sustainable returns are crucial factors determining a project’s success. Notably, most VinaLiving clients are long-term investors who value quality and service, and are willing to invest in premium projects.” Mr. Hieu also emphasized that VinaLiving’s clients typically leverage minimal debt, indicating strong financial capabilities and a prudent investment approach.
Echoing this sentiment, Group CEO of Lodgis Hospitality Holdings and Chairman of The Grand Ho Tram Christopher Hur stated, “We believe in the long-term potential of Vietnam’s luxury real estate market. Our goal is to develop world-class projects that cater to sophisticated clientele. Our development model will draw inspiration from successful projects in Thailand, Bali, and Mediterranean countries.”
The uniqueness of these projects is further enhanced by the involvement of the hotel management brand Fusion. David Roberts, Chief Operating Officer of Fusion, affirmed, “Fusion is more than just a hotel management brand. We create unique vacation experiences where sustainability and local culture intertwine. By partnering with VinaLiving and Lodgis Hospitality Holdings on multiple projects, Fusion is committed to delivering unforgettable and fulfilling holidays for our guests.”
In essence, the collaboration between VinaLiving and Lodgis Hospitality Holdings is not merely a business deal but a resolute commitment to elevating customer experiences and propelling Vietnam’s hospitality real estate market into a new era of professionalism. With their early successes and ambitious vision, we can anticipate more high-quality projects from this powerful partnership in the near future.
