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In its takeover of two City Hotels in Ho Chi Minh and Hanoi, Vietnam, the Swiss premium hotel group has taken another major step in its expansion in Asia. The relevant management agreements have been signed with the owning company VinaCapital Hospitality Co. Ltd. The agreement covers two existing 5-star hotels, which are set to open under Mövenpick Hotels & Resorts management by the end of 2008 after a period of extensive renovations.
“We are delighted to be working with the renowned Swiss hotel group in the future,” explains Stephen O’Grady Managing Director VinaCapital Hospitality Co. Ltd. “Mövenpick Hotels & Resorts is a pioneer in the Asian region and stands for uncompromising service and high standards of quality.”
“We are proud of the fact that, thanks to VinaCapital Hospitality Co. Ltd. we will very soon be gaining a foothold in Vietnam too, after Thailand and Singapore,” says Jean Gabriel Pérès, President & CEO Mövenpick Hotels & Resorts.
“Once the renovations are completed, we will have two exceptional city hotels here, tailored precisely to the needs of our guests.”
The Mövenpick Hotel Saigon (called Omni Saigon Hotel until June 2008) is located in the Phu Nhuan district of Ho Chi Minh. The Mövenpick Hotel Hanoi (formerly Guoman Hotel Hanoi) is situated in a city centre location in an important business district of Hanoi.
