Hilton has signed a management agreement with Victory Hotel Joint Stock Company—part of the BRG Group—for a 610-room dual-branded hotel in Hanoi, Vietnam.
Owned by BRG Group, the dual-branded property will include the 240-guestroom Hilton Hanoi West Lake, the 320-guestroom DoubleTree by Hilton Hanoi West Lake and 50 serviced residences. Hilton will manage the property.
Both Hilton Hanoi West Lake and DoubleTree by Hilton Hanoi West Lake are scheduled to open in 2020 and are located on Hanoi's West Lake, on the fringe of the Central Business District.
"We are pleased to mark DoubleTree by Hilton's entry into Hanoi," Dianna Vaughan, SVP and global head of DoubleTree by Hilton, said in a statement. "DoubleTree by Hilton offers a strong value proposition to Hanoi's MICE market."
"In addition to catering to short-stay guests, we will be able to cater to long-stay guests with Hilton Hanoi West Lake's serviced residences," Sean Wooden, VP of brand management, Asia Pacific, Hilton, said. "At the same time, the combined 610-room inventory makes us the top choice for large groups and major events."
This dual-brand hotel is Hilton's third project with BRG Group in Hanoi, which has business interests in banking, goods production and trading, golf course-development and operation, and real estate development. BRG Group owns Hilton Hanoi Opera and Hilton Garden Inn Hanoi.
"Building on our successful alliance with BRG Group and its affiliates, we are strengthening our presence in Vietnam, particularly in Hanoi," Guy Philips, SVP of development - Asia & Australasia, Hilton, said. "We are committed to delivering exceptional returns to our owners and look forward to working with BRG Group on even more projects across the country."
With the signing of this latest partnership with BRG Group, Hilton will now have six hotels in the pipeline across Vietnam including Ho Chi Minh City and Da Nang.