Business  » Property

Furama Hotels and Resorts International has been appointed by the Saigon Ho Coc Company to support the development of the new Furama Resort in Ho Coc in southern Ba Ria-Vung Tau province.

Furama ventured into Vietnam in 1992 to develop the first international standard Resort Hotel in Danang in central Vietnam. The Furama Resort opened in 1997 and became an instant success creating the destination central Vietnam.

The Furama Resort is one of the first condotels in Vietnam comprising of 567 units, 4 villas, 9 bungalows, and all the legendary leisure and entertainment facilities and services Furama is known for. The Furama brand has become an icon in Vietnam, standing for innovation, comfort, quality design, highest service standards, and effective global marketing. That’s what is promised at the Furama Resort Ho Coc, on sale now.

Furama is now targeting Ho Coc, a beautiful beach destination in Ba Ria-Vung Tau, which is developing into an all year round leisure destination of international standards. Ho Coc is adjacent to Ho Tram on the way to Ho Chi Minh City, making the destination a ‘must invest’ opportunity in Vietnam.

Saigon Ho Coc Company currently shares this investment opportunity with second home investors, opting for condotel financing by selling individual units. Condotel is a low risk investment which provides monthly returns from the operation’s income, regardless of whether your unit was rented out or not.

Two months a year the unit is at the discretion of the investorfor her own useand can serve as a ticket to travel the world, sharing the unit with a global community of condotel investors. Furama Resort Management is responsible for the maintenance, operation and marketing and by its brand awareness adds to the value of appreciation for your property.

Simon Szeto, CEO of Furama Hotels and Resorts International, Hong Kong said: “We are proud of the Furama legacy in Vietnam which provides us with the opportunity to service this fantastic project.”

Furama Hotel Hong Kong was first established in 1953. Its management company, Furama Hotels & Resorts International (FHRI) founded in Hong Kong since 1992, is now a wholly owned subsidiary of theLai Sun Development Company Group, a listed company in the Hong Kong Stock Exchange. FHRI manages a portfolio of hotels, and up-market food and beverage outlets in Hong Kong, China and South East Asia, ranging from economy to luxury category.