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Updated July 21, 2009
Signing ceremony of the hotel management agreement for JW Marriott Hotel Hanoi
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U.S.-based hotel giant, Marriott International, Inc. (NYSE:MAR) has signed a management agreement with a Vietnamese ownership group, Binh Minh Import Export Production and Trade Company, Ltd on July 17, 2009 in National Convention Center to open a JW Marriott luxury branded hotel in Hanoi in 2012.

The architecturally-stunning 450-room, 9-story JW Marriott Hotel Hanoi will be the only hotel adjacent to the new, state-of-the-art National Convention Center in the city’s dynamic Tu Liem District, about 7.5km west of central Hanoi and 22.5km south of the airport. Based on the city’s Master Plan through 2020, the hotel will be surrounded by high-end residential apartments and townhouses, office buildings and recreational green space when it opens.

“The Government of Vietnam selected Bitexco to be the investor for this very important project seated in the National Convention Center,” said Mr Vu Quang Hoi’, Chairman of Bitexco. “Having a huge responsibility and wishing that all foreign delegations to conferences and travelers to have the best hotel to stay and enjoy. Bitexco was seeking for a top hotel management in the world to run it. After several tendering rounds we decided to assign Marriott with the highest demand of management service provision. Toward that end, we picked the highly acclaimed “JW Marriott” luxury brand for this hotel.”

“Vietnam ranks high in our strategic global expansion plans,” said Ed Fuller, president and managing director for international lodging for Marriott. “Despite the current global economic slump, Vietnam remains committed to long-term economic growth and to capitalizing on its attractiveness as a tourism destination for visitors especially from Asia, the United States and Europe where our robust market presence will provide a strong sense of familiarity for those considering a visit to Vietnam.

“We’re delighted that our highly acclaimed JW Marriott luxury brand was chosen for this significant project and we are looking forward to working with local tourism officials in helping to attract a broad base of incentive and meetings oriented travelers to Hanoi,” he continued.

JW Marriott-branded hotels are renowned for their ability to couple elegance with informality while creating an environment in which guests can craft a personal hospitality experience that reflects their sophistication and desire to excel.

Founded in 1985, from a small textile enterprise in Thai Binh province, after 20 years, Bitexco has become a multi-industrial corporation of Vietnam. To date, Bitexco has reached achievements in many areas such as: real estate trade and investment, hydro-power plant construction investment, infrastructure and road construction, financial investment and mineral water manufacture, ect...

Bitexco is specialized in real estate, with many trade centers, financial and banking centers, state-of-the-art apartment buildings. Under the principle of providing the best products and services, Bitexco always carefully designed and master-planned its projects before construction - with The Manor Hanoi, The Manor HCMC apartment building, The Garden trade center, The 68-storey Financial Tower as a glorious example. The Manor is a luxurious residential palace with apartment buildings, villas, gardens, schools, and modern office quarters...

The Garden is the destination for many well-known brands in Vietnam and the world. If The Garden and The Manor are identified with their French architecture – which creates an impression of Paris environment inside Hanoi, the Bitexco Financial Tower is inspired by Vietnamese cultural identity – as an elegant lotus in Ho Chi Minh City. The Bitexco Financial Tower is a finance, trade, service and office complex with a modern architecture in a convenient location in the center of the city.

The Bitexco Financial Tower will provide 50,000m² of office quarter and 5,000m² of trade center, with nearly 10,000 employees. The Bitexco Financial Tower is expected to be the destination of leading global financial companies, banks, and insurance companies working in Vietnam. Moreover, Bitexco has been expanding a broad base of society-oriented projects, including Nguyen Cu Trinh quadrangle complex project, South urban area No3 belt complex ...

Bitexco is focusing not only in real estate, but also in numerous major projects of hydroelectricity, financial investment, and transport infrastructure


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