Deal to operate the landmark Mövenpick Resort Phu Quoc development, located on an island tipped to become Asia’s next big tourism hotspot, amplifies Swiss hospitality firm’s strategic presence in the region.
Vietnam’s first ever integrated destination resort will be operated by Mövenpick Hotels & Resorts. In a strategic move that cements its presence in the fast-growing Asian hotel market, the Swiss hospitality firm has signed a management deal with Ngoi Sao Cua Duong Joint Stock Company for the high-profile Mövenpick Resort Phu Quoc, which will be developed by MIK Land covering some 51.62 hectares on an island that’s tipped to become the region’s next big tourism hotspot.