Hoi An to have five star Hoi An Royal Bay resort
Hoi An Royal Bay, the five star resort, will be built by the join venture of financially powerful partners and managed by a world’s leading hotel management group.
On April 14, in Hoi An town in the central province of Quang Nam Vietnam, VinaCapital Hoi An Resort Company Ltd (Resort in Hoi An), the joint venture between Onshine Investment Limited (OIL) belonging to VinaCapital, and Sai Thanh Investment and International Tourism (STI) presented its management board before the public and introduced the master design for the Hoi An Royal Bay project.
Nguyen Duc Tri, Director General of STI, said that the site clearance has been nearly completed just three months after the project licensing. The master design of the project has been completed and approved by the Quang Nam Construction Department.
Hoi An Royal Bay will be built to meet the requirements for a five star resort, covering an area of 7.3 ha in the coastal commune of Dien Duong in Dien Ban district. The project is estimated to cost $16mil.
As the investors want to set up a high-grade resort with hotels and villas which are modern and luxurious while retaining specific cultural and historical characteristics of the locality, Hoi An Royal Bay has been designed to have nearly 100 small villas for group clients, or family clients. In addition, the resort will also have a swimming pool, restaurants, entertainment clubs, a gymnasium, and grass cover.
Le Minh Phuc, Director General of VinaCapital Hoi An, said that the construction of Hoi An Royal Bay will be kicked off in 2007. It is expected to be completed after 30 months and put into operation in 2009.
Mr Phuc said that the resort will be managed by Accor, the world’s leading hotel management group. The signing of the contract on the resort development and management between VinaCapital Hoi An and Accor also took place on April 14.
On this occasion, VinaCapital Hoi An’s Management Board has announced the donation of VND1bil ($6.25mil) to the Quang Nam’s Fund for Disabled, Orphans and Poor Patients.
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