Far East Hospitality to expand into Vietnam
It aims for 1,000 keys in Vietnam in the next 5 years, fanning across Ho Chi Minh City, Hanoi and Da Nang
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FAR East Hospitality (FEH) will expand into Vietnam in the next few years, as the Singapore hotelier bets on the country's fast-growing tourism market.
The company would like to have 1,000 keys in Vietnam in the next five years spread out across Ho Chi Minh City, Hanoi and Da Nang, chief executive Arthur Kiong said at a media event on Wednesday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance