South East Asia Business Awards 2019

24 APAC / 2019 South East Asia Business Awards , InterContinental Hanoi Westlake Luxury Hotel of the Year 2019 - Vietnam May19479 Located on the peaceful waters of the largest lake in the city and is adjacent to the famous 800-year-old Golden Lotus (KimLien) Pagoda, the InterContinental ® Hanoi Westlake Hotel is the ideal base for anyone seeking to explore this stunning country, as we found out whenwe profiled it to share an insight into how it came to win one of our prestigious South East Asia Business Awards for 2019. With the combined comforts of the ever-tranquil West Lake, spacious accommodation, luxurious facilities and attentive Vietnamese hospitality, guests will soon discover that the InterContinental Hanoi Westlake is the perfect place to stay, whether travelling for the purposes of business or leisure. Ideally situated just minutes from the Old Quarter, the hotel offers a welcome haven from the bustling city centre whilst allowing guests the opportunity to explore it at their own leisure. As the world’s first international luxury travel hotel brand, InterContinental has been pioneering new international destinations for decades. Each of the brand’s hotels is a destination in its own right with a distinctive style and ambiance, from historic buildings to city landmarks and immersive resorts in every corner of the globe. Such an approach allows guests to explore the best that each city has to offer. This is particularly important in today’s tourism market, as Vietnam is fast becoming a key focus for travellers from around the world. Home to diverse attractions and delicious food, Vietnam provides appeal for a wide range of travellers. As the interest continues to mount, so too do opportunities for investors catering to the hospitality industry. The demand for leisure activities and accommodation, especially four to five-star hotels remains particularly high and government support programs are also increasingly playing an important role by providing incentives to investors. According to the latest information provided by the Vietnam National Administration of Tourism (VNAT), international tourist arrivals and receipts that show steady growth. In 2015, Vietnam’s tourism receipts reached up to 338 trillion VND (approximately 14.86 billion dollars). In recent years, the hotel segment has performed particularly well with significant movement in terms of occupancy and price. It is reported that the average room rates increased 21 percent quarter over quarter and 41 percent year over year. The annual occupancy rate of four to five-star hotels was also up to 61.5 percent and 62.7 percent respectively in 2015. On top of this, the divergence in pricing between four and five-star accommodation shows a maturing of the hotel market and increased opportunity for those specializing in particular tiers of accommodation. As such, the InterContinental Hanoi Westlake is in the perfect market to drive greater investment and offer travellers from around the globe a truly luxurious experience. By constantly remaining ahead of emerging market developments the establishment is able to offer guests cutting-edge amenities and the service they need to enjoy a first-class stay. Ultimately, by blending both the Vietnamese grace with understated service and local knowledge, the Intercontinental Hanoi Westlake turns a visit to the City of Peace into an unforgettable experience. As such, guests can be certain to create incredible memories when they come visit this bustling city and sumptuous establishment. Contact Details: Company: InterContinental Hanoi Westlake Site: hanoi.intercontinental.com Contact Details: Company: InterContinental Hanoi Westlake Address: 5 Tu Hoa, Tay Ho, Hanoi, Vietnam Telephone Number: 0084 24 6270 8888 Web Address: hanoi.intercontinental.com “The InterContinental Hanoi Westlake is in the perfect market to drive greater investment and offer travellers from around the globe a truly luxurious experience.”