ONYX Hospitality to expand in Vietnam

Thailand-based hotel company ONYX Hospitality Group is expanding into Vietnam, having signed a partnership agreement with HB Group to manage OZO Hoi An, a 364-room beachfront resort in the New Hoi An City area. The hotel is scheduled to open in late 2016 as part of a master development consisting of a retail complex, dining and entertainment village, residential apartments, villas and recreational facilities.

From left: Ms. Nijaporn Charanachitta, Director & Senior Executive Vice President, Italian-Thai Development Public Co. Ltd; Mr. Peter Henley, CEO, ONYX Hospitality Group; Mr. Trinh Thanh Huy, Chairman, HB Group; Ms. Olga Safronova, Investment Director, HB Group.

“Vietnam is one of the region’s fastest growing travel destinations, and we are excited to have OZO Hoi An as part of our continuing expansion plans," Peter Henley, Chief Executive Officer, ONYX Hospitality Group said in a statement. "With the increasing popularity of Vietnam’s South Central Coast amongst regional and international visitors, we have identified a gap in the market for a select service hotel.”
 
Since the opening of its first hotel in 2013, the OZO brand is currently available in five locations in Hong Kong, Pattaya and Koh Samui, in Thailand, and Colombo and Kandy in Sri Lanka. There are several OZO hotels in the development pipeline, in locations such as Penang and Iskandar in Malaysia, and the southern Chinese city of Xiamen.

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