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Hotel Nikko Hai Phong signs management deal

Released at: 11:04, 29/03/2017

Hotel Nikko Hai Phong signs management deal

Hotel Nikko Hai Phong

Hotel slated for opening in 2020.

by Ngoc Lan

The Okura Nikko Hotel Management Co. has announced that it has signed an agreement with Chuo Vietnam Co., a subsidiary of the Chuo Limited Liability Company, owned by Daiwa House Industry Co., and the Fujita Corporation to manage the Hotel Nikko Hai Phong when it opens its doors in northern Hai Phong city in 2020.

The 269-room hotel will be operated by Nikko Hotels International (NHI).

Hotel Nikko Hai Phong is located within Waterfront City, a coastal district currently under development. Rooms will average 35 sq m and guests have a choice of traditional Japanese dining, all-day dining, and bars.

CEO of Okura Nikko Hotel Management, Mr. Marcel P. van Aelst, said that Hai Phong boasts transport infrastructure, including motorways and an international airport.

“The city is attracting numerous Japanese multinational corporations, which is expected to create strong demand for accommodation in the Hai Phong area,” he added. “NHI looks forward to offering sophisticated hospitality services and exceptionally comfortable hotel experiences for visitors to Hai Phong.”

Hotel Nikko Hai Phong will be Okura Nikko Hotel Management’s fourth hotel in Vietnam, joining Hotel Nikko Hanoi (1998), Hotel Nikko Saigon (2011), and the soon-to-be-opened The Okura Prestige Saigon (2020).

Aiming to operate 100 hotels worldwide by 2020, Okura Nikko Hotel Management is focusing on developing properties in the fast-growing Asian region.

Investment in Vietnam is closely aligned with its strategy to optimize hotel management efficiency and increase brand recognition by venturing into countries with strong economic growth.

Okura Nikko Hotel Management, a subsidiary of Hotel Okura, operates 74 properties, including 49 in Japan and 25 elsewhere with nearly 23,000 guest rooms in three hotel groups: Okura Hotels & Resorts, Nikko Hotels International, and Hotel JAL City.

Hai Phong, which is some 100 km east of Hanoi, is one of Vietnam’s most developed coastal cities.

Registered FDI stood at $14.6 billion in 563 projects as at February 20, 2017, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI). There are 130 Japanese projects with total investment of $4.14 billion.

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