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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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Destination Group Transacts Khao Lak Hotel

Category: Hotels, Posted:21 Sep 2022 | 16:21 pm The Destination Group has acquired a partially completed beachfront 400-key hotel in Khao Lak, Phang Nga. What was named the Mora Resort which is under construction will see Destination fully complete and brand the property. An opening in late 2023 is planned for the hotel which is located near the JW Marriott. Access to Khao […]
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Soho House Bangkok Opening in December

Category: Hotels, Posted:21 Sep 2022 | 13:09 pm Uber global social brand Soho House will debut in Bangkok this December 2022. Located in the former Eugenia hotel in Sukhumvit Soi 31, the property has been reinvented. With three floors of facilities, food, beverage, and cultural events are also set to be showcased. Soho  House Bangkok membership is set at THB135,000 per year, with […]
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UWC Phuket Enters International School Property Market

Category: Real estate, Posted:20 Sep 2022 | 08:46 am One of Phuket’s leading international schools UWC has entered into a development deal for integrated living. The school has subdivided a portion of its land adjacent to the campus and will have properties built by a Phuket real estate group TYSSEN VIP Development. Branded as the Campus Villas, the 44-unit gated estate offers four types […]
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