Jul 07, 2021 Newsdesk Latest News, Rest of Asia, Top of the deck  
The launch of Holiday Inn Resort Ho Tram Beach (pictured), a new hotel at the site of The Grand Ho Tram Strip casino resort in Vietnam, is now delayed to the “tentative” date of July 16, the operator of the complex has told GGRAsia.
The 502-room new accommodation – under the Holiday Inn brand owned by InterContinental Hotel Group PLC (IHG) – had previously been scheduled to open “at the end of June”. The new timing is due to “the Covid-19 situation in Vietnam”, The Grand Ho Tram Strip’s operating entity told us, without elaborating further.
In the past week, more than “3,000” new cases of Covid-19 infection were added to Vietnam’s national count, reported state-run media Vietnam News Agency on Tuesday. Most of them were detected in Ho Chi Minh City, the nearest large city to The Grand Ho Tram Strip. The country’s Ministry of Transport has already approved proposals suspending scheduled flights between Tan Son Nhat airport in Ho Chi Minh City and several domestic cities, the state news agency said.
The Grand Ho Tram Strip, on the Vietnamese coast southeast of Ho Chi Minh City, was developed by the Ho Tram Project Company Ltd. The complex has a casino that is open only to foreigners.
InterContinental Hotel Group, owner of the InterContinental and Hilton marques, announced in 2019 that it was introducing two of its hotel brands to The Grand Ho Tram Strip. One of these brands was the Holiday Inn; another involved a rebranding of the existing The Grand Ho Tram hotel into “InterContinental Grand Ho Tram”, according to an IHG announcement at the time.
The complex’s flagship property, the Grand Ho Tram hotel, had already been rebranded into InterContinental Grand Ho Tram in the middle of June, The Grand Ho Tram Strip’s operating entity confirmed us.
Feb 02, 2024
Jan 31, 2024
Apr 25, 2024
Apr 25, 2024
Apr 25, 2024
Several casino industry sources and an investment analyst polled by GGRAsia say they expect Macau to see robust volumes of gamblers and general leisure tourists during mainland China’s five-day...(Click here for more)
"The travel demand for May Golden Week looks solid to us, which means good foot traffic in Macau"
Jeffrey Kiang
Analyst at brokerage CLSA