Belgium-headquartered Carlson Rezidor Hotel Group reportedly has a new contract with Phu Quoc Tourist Investment and Development JS Co that will see the company manage the Radisson Blu Resort Phu Quoc, a hotel at an “integrated resort” on Vietnam’s largest island.

What is one of the world’s largest hotel groups, Carlson Rezidor will reportedly include the first casino in Vietnam to permit domestic entry. The resort is currently being constructed in Southern Vietnam and is strategically located along Bai Dai beach.

GGRAsia reports the claim was made in a statement issued by Carlson Rezidor Hotel Group in early September. Despite January’s passage of new rules that instituted a three-year pilot program to take effect on March 15, 2017, which would see citizens and casinos participate in the trial scheme, the Vietnam government has yet to make an official announcement regarding the chosen locations.

The company, which boasts a portfolio of more than 1,440 operating and under development hotels and a global footprint spanning 115 countries and territories, reportedly said its new build hotel would launch the last quarter of 2017 and feature 522 rooms and suites. However, the firm did not pinpoint the date. GGRAsia reports that as of Wednesday, Sept. 21, Radisson Blu’s booking page indicates the hotel was due to open in December.

Carlson Rezidor described the resort’s facilities by reportedly stating: “Guests can also access the fully-equipped fitness centre, outdoor swimming pool, spa and a VIP lounge, as well as Casino Phu Quoc, the first in Vietnam to permit domestic entry.”

The news agency reports that Union Gaming Securities Asia Ltd, in an August note, indicated that Phu Quoc has been designated as the location for one of the trio of new casino resorts being constructed in Vietnam. And is among the zones “guaranteed” to be included the local gambler-included trial scheme in the Southeast Asian country.

The boutique investment bank reportedly estimates the annual worth of Vietnam’s current casino gross gaming revenue (GGR) nationally at between US$800m – US$1.2 billion.

The statement from Carlson Rezidor further indicates that its Radisson Blu Resort Phu Quoc will be part of an “integrated resort” and will feature a convention center, multiple restaurants, theater, safari park, water theme park, shopping mall and a 27-hole golf course, according to GGRAsia.

Carlson Rezidor Hotel Group also reportedly said that it currently operates 118 hotels across Asia Pacific, 51 of which are Radisson Blu hotels, and is planning to operate 76 additional venues in the region.

Phu Quoc integrated resort gains new hotel partner was last modified: September 21st, 2017 by K Morrison