Arena Cam Ranh will be home to the first hotel in Vietnam with the Travelodge brand.
by Le Diem
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The Nha Trang Bay Investment and Construction Joint Stock Company, the investor of Arena Cam Ranh, has partnered with Travelodge to develop a hotel under the international brand.
Vietnam’s first Travelodge hotel is within Arena Cam Ranh, which will be built in Nguyen Tat Thanh Street, Cam Ranh, in the south-central province of Khanh Hoa. The hotel will include an all-day dining restaurant, a gym, and a large swimming pool.
The Arena Cam Ranh holiday and entertainment complex has been given a lot of attention as it is the only condotel project in Cam Ranh at the moment expected to open in 2020. With unique architecture resembling a swallow’s nest, its four condotels will be combined with amenities such as beach clubs, a performance arena, retail outlets, restaurants, and the Arena Square, which can accommodate 15,000 people.
Another highlight of the complex will be the three-area swimming pool, including a mineral water pool for relaxation and healthcare, a salt mineral water pool for a “beach” experience on days with unfavorable weather conditions for swimming in the sea, and a fresh water pool. The hot mineral water is sourced directly from Cam Ranh Bay to guarantee its quality.
The first pedestrian mall in Cam Ranh will also be built by the investor, from Nguyen Tat Thanh Street to Bai Dai Beach, connecting to the Arena Square and the swimming pool.
2017 saw a lot of positive changes in Vietnam’s real estate market, including notable growth in the condotel segment, which were mostly built in the central city of Da Nang and also Nha Trang, near Cam Ranh in Khanh Hoa province, according to the Vietnam Association of Realtors.
With a global network of hotels all over the world, Travelodge is an ideal partner for the stable growth of the property, according to the investor of Arena Cam Ranh.
Mr. Stephen Burt, Chairman of Travelodge Asia, told local media that Vietnam is an important destination as the government has intensified investment in transport and social infrastructure, which has encouraged the hospitality industry’s development and resulted in increasing numbers of international travelers over recent years. In its strategy for developing a global network to approach customers from all over the world, Travelodge is confident in ensuring capacity in the Arena Cam Ranh hotel’s rooms.
Travelodge is a US-based global budget hotel chain. It has over 1,000 hotels worldwide but its total number of properties in Asia remains small compared to other regions. It has appeared in the Philippines, the Maldives and Singapore and last year expanded to Hong Kong, Thailand, Indonesia, and Malaysia and is currently looking to further the brand’s presence throughout Asia via multiple options, including acquisition, leasing, management and franchise.
- The Arena Cam Ranh