Starwood Hotels & Resorts Worldwide, Inc. on November 8 signed an agreement with Robin-Hill Resort Limited Company, a member of Saigon Invest Group, to manage a Sheraton resort underway in the Central Highland’s Dalat City.
Scheduled to open in 2014, the project will feature 150 guest rooms and other facilities including indoor swimming pool, kids club, fitness center, spa and three signature restaurants and bars. The hotel will also feature more than 5,380 square feet of meetings and banquet space.
With total investment capital of US$25 million, the project is an integral part of the Saigon – Lam Dong eco-tourist development project to be implemented under a cooperation program between HCMC and Lam Dong Province.
The commitment by Starwood to manage the Sheraton Dalat Resort marks a crucial milestone in the progress of Ro-bin Hill Resort Limited Company in particular and Saigon Invest Group in general in the field of tourism.
The project will reinforce SGI’s strategy and effort to diversify its operations into various domains, especially in tourism, according to the local company.
“We are delighted to strengthen our presence in Vietnam with the signing of Sheraton Dalat Resort! Given Sheraton’s strong presence in Hanoi and HCMC, a Sheraton in the Central Highlands of Vietnam will be a great addition and will complement the recently opened Sheraton Nha Trang Hotel & Spa located on the south central coast of Vietnam,†said Miguel Ko, chairman and president, Asia Pacific, Starwood Hotels and Resorts Worldwide in a statement.
The new Sheraton project also further strengthens the position of Starwood as one of the largest international upscale hotel chains in the region.
Starwood currently operates 19 hotels in the region, with 11 more under development in Bangkok, Koh Samui, Phuket, Angkor, HCMC, Cam Ranh and now Dalat under the different brands of Sheraton, Westin, Le Meridien, St. Regis, Four Points by Sheraton, and The Luxury Collection among others.
SGI is a big public enterprise in hi-tech park development in the country, and is active in various fields such as real estate, infrastructure, ICT sector, finance and banking, manufacturing, construction, and energy among others. Currently, the group owns and manages 20 industrial parks, hi-tech parks and scores of large-scale projects across Vietnam.