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To build on its success and tap into continued business and tourism growth in Vietnam, a new 96-unit wing will also be added to Fraser Suites Hanoi in the heart of the scenic West Lake district. The serviced apartments feature fully furnished units from studios to penthouses and a wide host of facilities and amenities, including a 24-hour gym, business meeting facilities and a beautifully landscaped resort-style pool.
Vietnam saw a record level of foreign direct investment last year and Hanoi witnessed robust tourism growth of 23 percent in foreign tourists in 2017 .
“Since its opening in 2009, Fraser Suites Hanoi has proved popular with senior management in MNCs and experienced professionals, with occupancy consistently in the 90 per cent range. The new wing and addition of Fraser Residence Hanoi will meet growing demand for accommodation in the extended stay space,” said Mr Choe Peng Sum, Chief Executive Officer of Frasers Hospitality.
Fraser Residence Hanoi is scheduled to open in 2020, while the new extension to Fraser Suites Hanoi is targeted for completion in 2020. The company also operates a Capri by Fraser hotel-residence in HCMC.
Frasers Hospitality’s global footprint stands at more than 150 properties in over 80 cities worldwide with over 24,000 keys.