Bangkok, Thailand, 30 January 2020 – Dusit International, one of Thailand’s leading hotel and property development companies, has signed a long-term agreement with Vietnamese real estate developers General Technology Joint Stock Company to develop and operate Dusit Tu Hoa Palace, Hanoi, in the city’s affluent Tay Ho District, at the northern end of the city’s largest freshwater lake, West Lake.
Comprising 207 well-appointed guest rooms, the upscale property will put guests at the heart of a vibrant lakeside community renowned for its international restaurants, trendy cafes, chic nightlife venues, and fascinating lakeside temples. Noi Bai International Airport is only 30 minutes away by car, while Hanoi’s Old Quarter, the city’s business hub and main tourist destination, can be reached in just 15 minutes.
In line with Dusit’s mission to uniquely deliver Thai-inspired gracious hospitality to the world, the hotel will feature a distinctive blend of Thai and Vietnamese design elements to offer high levels of comfort and convenience for business and leisure travellers alike. Hotel facilities will include an all-day dining restaurant, a rooftop bar, meeting rooms, and a swimming pool. Many of the guest rooms will offer views of the lake and its surrounds.
Guests will also enjoy easy access to local attractions such as Vietnam’s oldest temple, Tran Quoc Pagoda, which was built in the 6th century; and Quan Thanh Temple, which is renowned for its detailed wood carvings.
“We are delighted to partner with General Technology Joint Stock Company to bring our unique brand of Thai inspired, gracious hospitality to Vietnam’s vibrant capital for the first time,” said Mr Lim Boon Kwee, Chief Operating Officer, Dusit International. “As a destination, Hanoi keeps going from strength to strength. Last year the city welcomed more than 6 million foreign visitors in the first 11 months – up 12% year-on-year. The country’s strong GDP growth rate is also driving a rapidly growing segment of high-spending domestic tourists. With this in mind, now is the perfect time to expand our operations in Vietnam’s capital city and strengthen our brand for further growth in Vietnam.”
Mr Le Minh Thanh, Chairman of the Board of Management, General Technology Joint Stock Company, said, “Dusit’s ability to translate its Thai heritage and industry expertise into impressive localized experiences is fully evident at its international properties, including its first hotel in Vietnam, Dusit Princess Moonrise Beach Resort Phu Quoc, which opened in 2018. We now look forward to working with Dusit to offer a distinctive hotel experience in Hanoi that delights guests and customers, and which delivers long-term, sustainable value for all stakeholders.”
Dusit International’s property portfolio now comprises 307 properties operating under six brands across 15 countries. The company has also recently diversified into food business, with strategic investments designed to mitigate risk, expand its customer base, and generate revenue from adjacent lines of commerce.
About Dusit International
Dusit International was founded in 1948 by Honorary Chairperson Thanpuying Chanut Piyaoui, whose ﬁrst hotel was the Princess on Bangkok's Charoenkrung Road. Today the company is a leader in hotel management and hospitality education and comprises a unique international portfolio of distinctive hotels and resorts operating under four brands: Dusit Thani, dusitD2, Dusit Princess and Dusit Devarana.
Alongside growing its operations globally, with more than 50 properties in the pipeline across key destinations, Dusit International is also expanding its business to provide new experiences for customers across the lodging spectrum.
The company recently entered the vacation rental market with the full acquisition of Elite Havens, the leading provider of high-end vacation rentals in Asia, and it also announced plans to enter the lifestyle market with the launch of ASAI Hotels, a distinctive new brand designed to link curious, millennial-minded travellers with authentic local experiences in vibrant cities and resort destinations worldwide.
The company also has a dedicated food division, Dusit Foods, and a fast-growing Education Division. The latter, established in 1993, comprises Dusit Thani College, which offers vocational and postgraduate hospitality degrees at campuses in Bangkok and Pattaya; Le Cordon Bleu Dusit Culinary School; and Dusit Hospitality Management College in Manila, the Philippines.
Dusit International is currently redeveloping its flagship Dusit Thani Bangkok hotel as part of Dusit Central Park, a landmark mixed-use project comprising residences, an office building, retail areas, and a new Dusit Thani Bangkok hotel. The new hotel is expected to open in 2023.