Executives from Dusit International and State Development Company Ltd. were in attendance at the signing ceremony, held on 20 October at the Khanh Hoa Center of Political and Cultural Events in Nha Trang.
Slated to open late 2016, the beachfront hotel and branded residences will house 266 rooms of deluxe, suite and bungalow categories with a further 117 apartments and 56 residential villas available for purchase or rental.
Located on the country’s south central coast, Cam Rahn Bay is considered by many to be the jewel of Vietnam. The resort will be a five-star, fully-fledged mixed-use project, just 15 minutes by car from Cam Ranh International airport and 20 minutes from popular Nha Trang.
The resort’s prime location will allow guests and residents to take complete advantage of the area’s tempting white sands and beautiful beaches. Recreational facilities within the resort complex will include the brand’s signature Devarana Spa as well as an impressive sports centre with swimming pools.
Mr Chanin Donavanik, Managing Director and Chief Executive Officer of Dusit International says, "Our launch into Vietnam marks an exciting milestone for Dusit International. Cam Ranh is an up and coming beach lover’s resort destination. The peninsula and natural harbours there offer visitors calm waters surrounded by mountains and great weather conditions.”
“We believe that our Dusit Thani brand and trademark warm, gracious hospitality are a great fit for the market. The facilities will surely make the complex a destination not to be missed as well as pave the way for Dusit's future expansion into the country."
Mr Andrey Grinev, Chairman of State Development Company Ltd. states, "We are delighted to partner with Dusit International, a world-class hotel management company with over 65 years of experience. Combined with our unwavering vision as a property developer to bring quality products to the market, together we intend to raise the bar of the hospitality industry here in Vietnam."