InVision Hospitality signs management contract for Scenia Bay Nha Trang. InVision Hospitality to manage SceniaBay, Nam Tien Lao Cai JSC
InVision Hospitality signed an agreement on August 15 with the Nam Tien Lao Cai JSC to manage and operate the Scenia Bay project in Nha Trang. The project reports a total investment capital amount of VND2.05 trillion ($93.4 million) and covers 7,666 square metres of land area. Designed with more than 700 condos for sale and over 270 hotel rooms for lease. The project is expected to come into operation in 2020.
The Nam Tien Lao Cao JSC was established in 1999 in northern Lao Cai province. In the 18 years since, it has become a diversified business with six member companies. Main business activities are construction, hydropower, chemicals, and real estate. Scenia Bay is the first project to mark Nam Tien’s foothold in the hotel and resort sector, following a series of successful housing projects in Lao Cai.
According to the company’s general director Cao Thi Thu Hien, with last year’s revenue surpassing VND1.2 trillion ($54.5 million) from its member units and active financial support from leading state lender VietinBank, Nam Tien Lao Cai is confident it has sufficient financial capacity to do a smart job of building and operating the condotel project according to the set plan.
InVision Hospitality was established in 2007 by Mr. Beauvais and broke new ground with fresh hospitality products and vanguard concepts that stand out for the value and experience they offer guests and stakeholders. The company provides strategy and management for new or existing hospitality projects throughout Southeast Asia, managing each hotel, resort, and residential project to its full potential.
Having spent 25 years in hospitality with Marriott International, Four Seasons, and Anantara, Mr. Beauvais understands the pressure of working in a large corporate environment. His management team consists of leaders and specialists from both within and outside the hospitality world; people who know how to achieve success and understand how to develop sustainable business models that generate profit year-after-year, making it an ideal partner for all hospitality projects.
InVision Hospitality signed an agreement on August 15 with the Nam Tien Lao Cai JSC to manage and operate the Scenia Bay project in Nha Trang. The project has total investment of VND2.055 trillion ($90 million) and will include 700 apartments for sale and 270 hotel rooms. The project is expected to come into operation in 2020.
Scenia Bay covers 7,666 sq m on Pham Van Dong Street, which has four sides with sea views, and is expected to attract investors given its location. “With our international experience and local market insight, we will bring luxury and sophistication with facilities and services for our guests and future residents at Scenia Bay,” said Mr. Kevin Beauvais, CEO of InVision Hospitality.
The Nam Tien Lao Cao JSC was established in 1999 in northern Lao Cai province. In the 18 years since, it has become a diversified business with six member companies. Main business activities are construction, hydropower, chemicals, and real estate. Scenia Bay is the first project to mark Nam Tien’s foothold in the hotel and resort sector, following a series of successful housing projects in Lao Cai.
Nam Tien Lao Cai JSC |
InVision Hospitality |
InVision Hospitality signed an agreement on August 15 with the Nam Tien Lao Cai JSC to manage and operate the Scenia Bay project in Nha Trang. The project has total investment of VND2.055 trillion ($90 million) and will include 700 apartments for sale and 270 hotel rooms. The project is expected to come into operation in 2020.
Scenia Bay Nha Trang |
Nguồn: www.sceniabay-nhatrang.vn
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Hotline: 0904.99.66.59
Website: www.sceniabay-nhatrang.vn