BHMA signs hotel management deal for five-star eco-resort in Hoi An
BHMA signs hotel management deal for five-star eco-resort in Hoi An
BHMA Hotels has announced the signing of an agreement with Vietnamese developer Ixora Real Estate to manage the hotel operations at the new X2 Resorts & Residences at the UNESCO World Heritage destination of Hoi An, near Danang city in Central Vietnam.
BHMA is a regional Asia-Pacific hotel management company wholly owned by the ASX listed Flight Centre Travel Group (FCTG), one of the world’s largest and progressive travel companies.
The exclusive seven-hectare eco-resort will be located on 650-metre prime river frontage along the Coco River.
Just minutes from the white sands of An Bang Beach and other popular beaches, it is also close to the charming historic old town of Hoi An.
The resort features 70 private villas with two-four bedrooms and private pools, and a hotel comprising of 31 loft units and 56 suites.
The property will incorporate a range of world-class facilities, such as infinity swimming pools, a library, spa and health club, restaurants and bars, a canoe station, children’s play zone, and both organic and hydroponic gardens amidst the tropical landscaped grounds.
The property’s commitments to sustainable and environmentally conscious design have earned it one of Vietnam’s first Lotus Certifications.
Sales of the villas and lofts will commence in June 2018, when the first phase of the property is scheduled to open in the first quarter of 2019.
“Central Vietnam is one of the fastest-growing areas in Southeast Asia in tourist arrivals thanks to its array of attractions, beautiful landscape, historical townships, and a full range of activities,” said BHMA CEO Anthony McDonald.
“The property is located less than 30 minutes away from the airport, which has direct links to 25 major destinations across Asia and more to come in the future. This particular part of the country truly provides the perfect opportunity for us to further establish and grow our presence in Vietnam,” he added.
David Chang, founder of Ixora Real Estate, the project developer, said, “X2 has quickly made a name for itself as one of the region’s premier boutique hotel brands. Its commitment to style and design and high standards fits perfectly with our vision for this project, which is to create an intimate, refined, and tranquil environment that promotes wellness and holistic living. BHMA is the ideal partner to help us realise our goals.”
The X2 Hoi An Resort & Residences offers investors a unique range of lofts and villas that are designed to international standards and utilise materials, textures, and palettes that complement the lush tropical environment.
X2 Residences are available on a freehold basis for Vietnamese and qualified foreign investors or alternatively on a secured long-term basis with freehold conversion rights.
All owners have the option to join the hotel rental and management programme run by X2 Residences, promising steady yield returns.
With real estate values maximised by freehold rights to substantial land plots with all villas for Vietnamese citizens or their foreign spouses, and a rental pool programme which allows owners to enjoy high yields in addition to generous vacation use, this spectacular residence development has all the attributes to guarantee satisfaction and success.
