Banyan Tree looks to Vietnam

19 Oct 2011

Luxury resort operator Banyan Tree is unveiling its first investment holiday homes in Vietnam.

The showcase, which takes place on October 22-23 at the Mandarin Oriental Hong Kong, unveils luxury apartments now being developed as part of Laguna Lãng Cô – Banyan Tree’s first ‘integrated resort complex’ in Vietnam, which occupies a 280-hectare beachfront estate just north of Danang.    

Scheduled to open in mid-2012, the resort complex incorporates a championship golf course designed by Sir Nick Faldo, luxury properties, award-winning spas, convention facilities, a waterpark, and a ‘town centre’ of retail and recreational outlets.

The concept is modelled on well-known Laguna Phuket, Banyan Tree’s flagship integrated resort.

Angsana Properties Lãng Cô is an exclusive collection of luxury beachfront apartments available for purchase as both holiday homes and for investment, which can be leased back for rental when not occupied by the owner.

Owners are being offered a six percent fixed return for six years – or alternatively opt for a share of room revenue. Buyers are also entitled to membership of the Angsana Properties Owners Club, to exchange stays at other Angsana Properties being developed around the world, including Phuket and Bintan.

Laguna Resorts & Hotels Managing Director, Michael Ayling, said, "The entire development is a convergence of components that together, in a single location, comprise a fully integrated resort. This is the formula that has proved so successful at our flagship development, Laguna Phuket."
 
Banyan Tree’s Executive Chairman, Ho Kwon Ping, added, "We have always believed that Vietnam holds the greatest potential of replicating the success of our flagship Laguna Phuket destination resort within Asia. We’re convinced this integrated concept in Central Vietnam, with its stunning location and unique blend of history, creates an irresistible destination and investment opportunity."

The Hong Kong showcase event is open from 11am-7pm on October 22-23 at the 2/F Victoria Room of the Mandarin Oriental Hong Kong.

To contact the journalist, you may send your message to editor@propertyguru.com.sg

POST COMMENT