Five-star hotel to welcome guests in 2017.
Construction of Sheraton Ha Long Bay, a five-star international hotel in Ha Long city, Quang Ninh province, kicked off on October 10, just nine days after the investor and local authorities signed a cooperation contract. Total investment in the project is almost $40 million.
The hotel is to be opened by 2017 under the contract, which was signed by Quang Ninh province, Starwood, and the C.L.U.B.M Ha Long JSC on October 1.
Sheraton Ha Long Bay will have 265 rooms, with one Presidential Suite on an area of 180 sq m, 68 houses for rent, and a shopping center.
Starwood is currently managing four hotels in Vietnam: Sheraton Hanoi Hotel, Le Meridien Saigon, Sheraton Saigon Hotel, and Sheraton Nha Trang Hotel & Spa. It will open two resorts in the future: Sheraton Danang Resort, on January 1, 2018, and Sheraton Phu Quoc Resort, on January 7, 2017.
Starwood has over 1,200 projects in 100 countries around the world. The group announced a profit of $235 million for the first half of this year.