SINGAPORE (Jan 10): Adventus Holdings announced that subsidiary Adv S1 and Panthera Company has set up Regis Bay Vietnam Investment Joint Stock Company to invest in property projects in major cities of Vietnam such as Ho Chi Minh City, Hanoi and Danang.
As its first project, Regis Bay Vietnam is planning to redevelop a property on 17 Quang Trung, Hai Chau District, Danang, into a 4- or 5-star hotel with between 300 to 500 rooms.
The hotel will have a minimum gross floor area of 20,000 sqm and comprise minimum 25 storeys with a construction coverage ratio of at least 70% and land use ratio of 15.
oh you mean The Pearl Hoi An Hotel & Resort? IIRC it was initially called New Hoi An City. It was inaugurated last year I think, occupancy was never high, and architecturally it's atrocious. The second phase is apparently underway too, which is surprising given how badly it's doing, even before covid-19.
oh you mean The Pearl Hoi An Hotel & Resort? IIRC it was initially called New Hoi An City. It was inaugurated last year I think, occupancy was never high, and architecturally it's atrocious. The second phase is apparently underway too, which is surprising given how badly it's doing, even before covid-19.
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