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Las Vegas Targets New Vietnam Casino Development

Category: Tourism, Posted:09 May 2010 | 06:00 am

Back of the continued US economic worries the casino giants from Las Vegas are now targeting Asia as their primary global expansion target. While Macau, Sentosa, Hainan Island and the Philippines are seeing wide coverage, now Vietnam has announced a new project.
Asian Coast Development will open the MGM Grand Ho Tram in southern Vietnam by 2013. The USD400 million 1,100 room hotel is backed by investment fund Harbinger Capital Partners. The master planned destination resort has eventual plans for five resorts, with two offering casino operations.
What is now being hailed as the Ho Tram Strip is a beach destination about 1 ½ hour's drive from Ho Chi Minh City.

Other News

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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]
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Two Neil’s For Six Senses

Category: Hotels, Posted:03 Oct 2021 | 17:35 pm Veteran Asia-Pacific hotelier Neil Palmer has been named Chief Operating Officer of Six Senses Hotels Resorts Spas. Palmer is best known as a stalwart executive at Starwood Hotels & Resorts. Meanwhile, Neil Jacobs continues in his role as Chief Executive Officer. Former Six Senses COO Guy Heywood has moved to boutique chain Habitas Hotels.