City hotel and apartment towers open

InterContinental Hotels Group (IHG) inaugurated the InterContinental Asiana Sai Gon hotel and InterContinental Asiana Sai Gon Residences in HCM City yesterday.
They are, the first international luxury hotels to open in the city in the last four years and the first residential property under the InterContinental brand in Asia Pacific.
The two towers are part of the South Korean-invested complex project Kumho Asiana Plaza, which is located on the downtown land lot bordering Le Duan, Hai Ba Trung, Nguyen Du and Le Van Huu streets in District 1.
The complex contains an up-market commercial, accommodation and shopping arcade, and several restaurants and bars – which will include the coming Hard Rock Cafe.
The hotel features 305 rooms and suites. It also has extensive meeting facilities, including eight meeting rooms and the largest Grand Ballroom in the downtown area, which can cater up to 600 persons, with indoor and outdoor pre-function spaces.
The hotel has a spa and a health club featuring a 20m outdoor swimming pool.
The hotel’s sister property of InterContinental Asiana Sai Gon Residences offers 260 fully furnished, serviced apartments for lease, ranging from one-bedroom at 78sq.m to three-bedroom at 204sq.m.
"Viet Nam has a huge potential as a destination for both business and leisure tourists from around the world and IHG is confident in the growth of InterContinental Asiana Sai Gon." said Phil Riley, IHG Viet Nam Regional General Manager.
"We are also very positive about premium residential market in HCM City and confident that our service residences will meet the growing needs of discerning, long-term residents of our city. We believe in the strong growth of this market in the medium and long term," he said.
Located in the heart of the city, the properties are within walking distance of all major tourist attractions including the Notre Dame Cathedral, commercial buildings such as the Metropolitan or Diamond Plaza, and downtown entertainment facilities.
IHG owns, manages, leases or franchises, through various subsidiaries, more than 4,200 hotels and more than 620,000 guest rooms in nearly 100 countries and territories around the world. It owns brands including InterContinental Hotels&Resorts, Hotel Indigo, Holiday Inn Hotels and Resorts, Holiday Inn Express and Candlewood Suites.