Property
Wínk Hotels reveals location of first two development sites
The pioneering hotel brand completes the first step in bringing a vibrant approach to affordable luxury in Vietnam, with developer Indochina Kajima Development Limited (“ICC-Kajima”) concluding the purchase of two land plots.
Wínk Hotels reveals location of first two development sites.
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The two sites have been formally handed over to owner-developers ICC-Kajima, the real estate development arm of Indochina Capital, America’s leading Vietnam-based property developer. Formed in joint venture with Kajima Corporation, Japan’s most prolific overseas real estate developer, the group’s core mandate is to develop innovative and high-quality projects throughout Vietnam. Wínk typifies the ICC-Kajima approach.
The Ho Chi Minh City site is located at 75 Nguyen Binh Khiem in a rapidly gentrifying area within D1, the city’s central business district. Scheduled to open in quarter 4 2019, the first Ho Chi Minh City Wínk Hotels will consist of 226 rooms. Demolition of the existing structure at the site is ongoing, and the development and hotel management teams are in process of refining the design and completing other critical pre-development items.
The Da Nang site is located at 178 Tran Phu in the heart of the city’s business and entertainment district. The 243-room Wínk Hotels will feature a sky lobby and spectacular views of the Han River, Hai Van Pass, Son Tra Peninsula and East Sea. It is scheduled to open in quarter 1 2020.
“Indochina Capital has always been bullish on the hospitality market in Vietnam, as evidenced by The Nam Hai, Six Senses Con Dao and Hyatt Regency Da Nang,” Peter R. Ryder, CEO of Indochina Capital points out. “The roll-out of Wínk Hotels will add to the group’s portfolio of past and present hospitality projects, introducing a novel hotel concept – Vietnam’s first international hotel brand – that will redefine traditional hospitality norms.”
Wínk Hotels seeks to personify the dynamic youthful generation emerging throughout the region. Blending modern, creative design and functionality with traditional Vietnamese values, each hotel promises to satisfy the young-at-heart traveler’s contemporary set of desires. Each hotel will offer a new style of entertainment, innovative food and beverage concepts, minimalist-style guestrooms, state-of-the-art technology, and a well-equipped coworking space – a tantalizing hospitality experience that will be the first of its kind in Vietnam.
The hotels at 75 Nguyễn Bỉnh Khiêm, Ho Chi Minh City and 178 Tran Phu, Da Nang will be the first two of a targeted 20 plus Wínk Hotels to be developed, opened and operated throughout Vietnam and neighboring Indochina countries by year end 2023.
