Flight Centre Travel Group’s hotels and accommodation business BHMA has announced the launch of a new hotel in Vietnam – X2 Vibe Viet Tri Hotel. This property continues the group’s strong expansion of managed hotels throughout the entirety of Southeast Asia.
Officials with BHMA have subsequently said that their first property in Vietnam, X2 Vibe Viet Tri Hotel, will also be the only hotel under international branding within the city of Viet Tri, and that its intention is to cate to both the business traveler and the leisure traveler markets.
More About the X2 Vibe Viet Tri Hotel
The X2 Vibe Viet Tri Hotel will be conveniently located 60 kilometers from Hanoi’s Noi Bai International Airport, within the northeast region of Vietnam. The X2 Vibe Viet Tri Hotel will also feature a scenic waterfront location by Van Lang Lake in Viet Tri, which is the capital city of the Phu Tho Province.
The X2 Vibe Viet Tri Hotel is a four-star hotel property, one that features 60 new guestrooms, a restaurant with a lakeside view, meeting rooms for business events and conferences, a coffee shop, and a rooftop bar that is, of course, also overlooking the water of the lake.
This increases the company’s overall hotel portfolio to 26, including the X2 Resorts, X2 Vibe Hotels, and Away Resorts brands. Company officials have said they are excited to launch more hotel expansion projects into new eastern Indonesian destinations as well.
The Booming Asia Pacific Market
According to a new report from TOPHOTELCONSTRUCTION, the hotel project pipeline in the Asia Pacifica Region continues to be the healthiest and most robust in the world.
A look at the state of all of the hotel pipelines in the various regions of the world has the Asia Pacific market way out in front. At present, the Asia Pacific region features 2,126 projects, which makes up 26 percent of the hotel projects internationally. Behind this market is North and South America. Those two continents together have 1,490 projects in their pipelines, which makes up 26 percent of the projects in the world. In third place is Europe with 1,320 projects that make up 23 percent. In fourth place is the Middle East with 613 projects that make up 10 percent, and in last place is Africa, which has 274 projects that make up 5 percent of the world’s pipeline.
Top Countries in the Asia Pacific Region
Another useful bit of information to be gleaned from the TOPHOTELCONSTRUCTION report is the ranking of the various countries within the Asia Pacific region, in terms of their hotel project pipelines.
China is unsurprisingly leading the region with 855 projects in its pipeline, followed by India with 190 projects, Australia with 147 projects, Indonesia with 140 projects, and Vietnam with 100 projects in its own hotel project pipeline.
Let’s take a look at a few projects currently underway in the Asia/Pacific region: