Novaland ties up with Accor to develop, operate four-star hotel in its Aqua City

Thursday, Jul 16, 2020 12:15

Novaland Group and Accor Group sign a deal in HCM City on Tuesday for setting up and operating the former’s Novotel hotel in Aqua City in the city’s east. — VNS Photo

Novaland Group on Tuesday signed up leading global hotel operator Accor to develop and operate a Novotel hotel at Aqua City, its smart eco-city to HCM City’s east.

The hotel will be of four-star standard with 300 rooms and situated at the 2.7ha indoor entertainment complex Aqua Arena & Hotel area at River Park 2.

It will be a major amenity at Aqua City, strengthening its potential value.

The Novotel hotel, developed and operated by a world-leading hotel group, is expected to be an ideal destination for tourists and businessmen in future.

Aqua City is a 1,000ha satellite city being developed by Novaland Group with rivers on three sides, more than 70 per cent earmarked for greenery, excellent transport infrastructure and utilities.

Speaking about the tie-up, Bùi Xuân Huy, CEO of Novaland group, said: “With the mission of developing communities, creating destinations and building happiness, Novaland has constantly made efforts to invest and create attractive destinations across the country.

“Accor is an experienced international group with a strategic partnership with Novaland to manage and operate famous brands such as MGallery, Mercure and Ibis. We believe that the co-operation with Accor … will bring outstanding value to Aqua City and its residents.”

Novaland has already collaborated with Accor to operate 1,500 rooms at its hospitality real estate projects in Bình Thuận, Bà Rịa-Vũng Tàu and HCM City under the Novotel, Mövenpick, MGallery, and Mercure brands. — VNS

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