A groundbreaking ceremony for the Wink Hotel was held on November 30 in HCM City’s central business district. It will be the first of the Wink hotel chain expected to open across Viet Nam in the next five to seven years. – Photo courtesy of Indochina Kajima
Indochina Kajima Development Company, a real estate development company, held a groundbreaking ceremony in HCM City on November 30 for Wink Hotel, the first of a chain of “affordable luxury” hotels across Viet Nam.
The Wink 75 NBK hotel on 75 Nguyen Binh Khiem Street in District 1 is the first hotel product of Indochina Vanguard Hotels Pte Ltd, a joint venture established in 2016 between Viet Nam-based Indochina Capital Corporation (specialising in real estate, financial services and capital markets), and Singapore-based Vanguard Hotels Pte Ltd.
The 237-room hotel on Nguyen Binh Khiem Street will target business and leisure travellers and offer a luxury experience with a taste of the local culture at an affordable price range, featuring minimalist-style guestrooms equipped with modern technologies and co-working spaces. It will be finished within the first quarter of 2020.
A total of 20 Wink Hotels will be built across Viet Nam in the next five to seven years, and the chain may expand to other countries nearby such as Laos and Cambodia.
Indochina Kajima, a joint venture between Indochina Capital and Kajima Corporation, a leading Japanese construction company, said it would invest more than US$1 billion in Viet Nam over the next 10 years. – VNS