IHG Signs Hotel Indigo in Saigon, Vietnam

InterContinental Hotels Group has signed a management agreement with Europe Trading Investment Company Limited for Hotel Indigo Saigon The City.

The property is the second Hotel Indigo to be signed in Vietnam, and will be the country’s first when it opens its doors in 2019.

The new-build hotel is in a central location along District 1’s Ly Tu Trong Street, just six kilometres away from the airport. Rich with historic character dating back to the French era, the hotel’s locale is one of Ho Chi Minh’s most timeless neighbourhoods — Ba Son. The neighbourhood sits on the site of the former Ba Son Naval Shipyard — previously an arsenal compound in the city’s port — and is home to a fascinating assortment of local cafes, restaurants and shops.

The hotel will have 150 guest rooms, 3 meeting rooms and a street-front cafe serving Vietnamese-inspired cuisine using locally sourced ingredients.

Rajit Sukumaran, Chief Development Officer, EMEAA East, IHG, said, “Since IHG introduced Hotel Indigo to South East Asia in 2015, the hotel brand has enjoyed great success across the region. Set in one of Vietnam’s most visited cities, Ba Son’s intriguing heritage makes it the perfect next step for Hotel Indigo’s regional growth. We are confident that Hotel Indigo Saigon The City will be an ideal choice for travellers who value an authentically local experience, with the consistency of one of the world’s leading hotel groups.”

The developer, Europe Trading Investment Company Limited, owns several hotels and has plans to expand its existing portfolio with a special focus on the lifestyle segment.

Mr. Lau Duc Duy, General Director, Europe Trading Investment Company Limited said “Ho Chi Minh City has much to offer, and we are excited to partner with IHG to tap into the strong potential that this market holds. With today’s travellers increasingly prioritising locally immersive, authentic and personally enriching experiences, Hotel Indigo will be the perfect addition to our portfolio and we know that the brand’s compelling positioning, coupled with the hotel’s excellent location, will be a big hit when it opens in 2019.”

IHG currently operates three Hotel Indigo hotels across South East Asia with a further nine properties in the development pipeline for the next three to five years. The Hotel Indigo Phu Quoc Starbay is scheduled to open in 2021.

Globally, IHG has 80 Hotel Indigo properties open and 83 hotels opening over the next three to five years.

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