More International Chains to Open in the Greater Mekong Sub-region

Luang Prabang, Laos

Two international chains announced simultaneously to expand their presence in the Greater Mekong Sub-region.

Rosewood Hotels & Resorts has been appointed by Waterfall Management Sole Co Ltd to manage the Rosewood Luang Prabang in Laos, scheduled to open in 2017. The luxury retreat, located in the midst of a forest, will be a 10 minutes drive from the historic city of Luang Prabang, a UNESCO World Heritage Site.

The resort will be inspired by Lao tradition and French colonial style having a total of 22 villas that include eight deluxe villas, three garden villas, six private pool villas and five luxury tents. The resort will be designed by Bill Bensley and will be the site for the first philanthropic hospitality school in Laos.

According to Sonia Cheng, CEO – Rosewood Hotel Group, “At Rosewood Luang Prabang we wish to create an authentic and exquisite journey for every guest that connects them to nature and creates unforgettable memories of the rich local landscape and culture. It will also mark two milestones for our company – the launch of a community philanthropic school, as well as the introduction of Rosewood luxury tent accommodations.”

In parallel to Rosewood Hotel Group move to Luang Prabang, Carlson Rezidor Hotel Group has joined hands with Vietnam-based Eurowindow Nha Trang Investment and Tourism Joint Stock Company to develop the Radisson Blu Cam Ranh. Slated to open in the first quarter of 2019, the newly-built beachfront resort will be located close to Nha Trang, just 4 km away from the currently-expanding Cam Ranh International Airport.

Once completed, the resort will offer 290 rooms and 40 villas, two restaurants, an outdoor pool with a pool bar, a lounge bar, and extensive meeting facilities including a grand ballroom.

According to consulting group HVS Asia Pacific Hospitality, there are now approximately 3,100 rooms in the upscale and luxury hotel segment in Nha Trang ; this number grew at a CAGR of 15.4% between 2012 and 2014.

2015 saw only a marginal growth in hotel supply, with the 70-key Cam Ranh Riviera Resort being the sole opening this year. With a steady increase in international arrivals and rising disposable income of the middle-class in Vietnam, the hospitality industry in the country is poised for growth in the near future.

(Source: HVS)