Keyword: Far East Hospitality
Lê Công Kiều Hotel and Ngô Văn Năm Hotel are set to open in Ho Chi Minh City by year's end.
The joint venture group will acquire a plot of land in Tokyo for 8.198 billion yen (S$100.5 million) to develop the hotel.
OCBC Investment Research reported Far East will increase growth and earnings if it buys Singapore's Oasia Hotel Downtown.
Hotel guests now can check in by taking a selfie using a new all-in-one mobile phone app debuted at the Singapore Tourism Board conference last week.
Managed by Far East Hospitality, Village Hotel, The Outpost and a third hotel will open by mid-2019.