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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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MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]
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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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