The agreement signing ceremony between IHG Hotels & Resorts and Sun Hospitality Group to develop products and services in Viet Nam. — Photo Courtesy of IHG Hotels & Resorts IHG Hotels & Resorts (IHG) has recently announced a strategic alliance framework agreement with Sun Hospitality Group (SHG) to introduce fresh and innovative concepts, experiences and products in Viet Nam. As part of the agreement, the two companies intend to collaborate on learning and development, quality assurance, the joint creation of new lines of products and services, and corporate social responsibility efforts in the country. The two companies also signed a Memorandum of Understanding to explore further projects, starting with the development of a range of Vignette Collection onsen-wellness resorts and products across Viet Nam, in collaboration with world-renowned spa and wellness consultant Raison d’Etre (RdE). Vignette Collection, which is IHG’s newest luxury and lifestyle brand, is a … [Read more...] about IHG announces alliance framework with Sun Hospitality
Shg
Sun Hospitality Group, IHG Hotels & Resorts sign strategic partnership agreement
IHG Hotels & Resorts (IHG) – one of the world’s leading hotel companies – and Sun Hospitality Group (SHG) – a member of Sun Group – will expand their decade-long partnership to develop four hotels in Vietnam, offering 2,709 rooms to accommodate increasing demand from domestic and international visitors. The expansion of Ba Na Hills – Vietnam's highland entertainment complex – will feature three IHG brands: Crowne Plaza, Holiday Inn Resort, and voco. In addition, the Holiday Inn Resort brand will make its debut in Quang Ninh Province, at Yoko Park, a large-scale hot-spring resort. Representatives of Sun Hospitality Group and Intercontinental Hotels & Resorts sign a strategic partnership agreement. Photo by SHG The firms have also signed a Memorandum of Understanding (MoU) to explore further projects, beginning with the development of Vignette Collection onsen-wellness resorts and products in Vietnam, in collaboration with world-renowned spa and wellness … [Read more...] about Sun Hospitality Group, IHG Hotels & Resorts sign strategic partnership agreement
Cooperation bringing Vietnamese tourism to new heights
Cooperation bringing Vietnam-ese tourism to new heights Changes in tourist behaviour and intentions, along with challenges in the context of a gradual recovery of the industry, are affecting the development strategies of Vietnam’s leading tourism-hotel groups. Corporations such as Sun Group, Vingroup, Bitexco, and CEO Group are leaning toward cooperating with international hotel management groups instead of building and developing their own resorts as before. This approach seems to be helping domestic and international brands take advantage of each other’s strengths, with one side possessing economic potential and market knowledge while the other brings brand name and management experience. Marriott International, on June 22, signed a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, which currently operates 35 hotels and resorts spanning 17 cities and provinces. The agreement will contribute to converting and developing 2,200 rooms across … [Read more...] about Cooperation bringing Vietnamese tourism to new heights