JAL Hotels Co., Ltd. has announced it will open Hotel Nikko Saigon in Ho Chi Minh City, Vietnam, in October, 2011. The company jointly signed a hotel management agreement with Fei Yueh Vietnam Co., Ltd., the owner of the hotel.Hotel Nikko Saigon will be JAL Hotels’ second hotel in Vietnam after Hotel Nikko Hanoi, which was opened in 1998. Fu Tsu Construction Co., Ltd., the parent company of Fei Yueh Vietnam Co., Ltd. and one of the major construction companies in Taiwan, also owns two Nikko Hotel International properties: Hotel Royal Taipei and Palau Royal Resort.
JAL Hotels has had management contracts to operate these hotels since Hotel Royal Taipei opened in 1984, and the two companies have enjoyed a relationship for the past 25 years.
JAL Hotels has been seeking an opportunity for quite some time to open a hotel in Ho Chi Minh City, the largest centre of commerce in Vietnam. The contract for the management agreement was based on mutual benefit for both parties.
Hotel Nikko Saigon will be built in the newly-developed large-scale commercial complex ‘Royal Centre Project’, located in Ho Chi Minh City. Construction of the hotel is expected to be completed as the second phase of the development.
The hotel will have 22 floors above ground and 3 basement-level floors, with 335 guest rooms occupying a total of 58,437sqm (including 19,249sqm at the basement level).
The hotel’s main guest rooms will provide a 40sqm, larger than most guest rooms in hotels of the same class in the city. The hotel’s facilities will include an all-day dining facility that includes Japanese cuisine, as well as a Chinese restaurant, and will also provide guests with banquet rooms, a business centre and fitness club.
The hotel is expected to cater to the demands of both business and leisure clientele. The first phase of the development opened in December 2008 with a shopping mall and office space. The third phase will be completed in 2013 with four luxury residential towers.