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Starwood signs First Le Meridien Hotel in Vietnam with Tien Phuoc & 990 Company Limited.

HCMC 31st Aug 2009, Le Meridien has signed its first hotel in Vietnam, Le Meridien Saigon. Owned by Tien Phuoc & 990 Company Limited, the hotel is scheduled to open in July 2012.

Le Meridien Saigon is part of a mixed-used 22-storey tower comprising of the hotel and office space. The hotel will feature 350 guest rooms, 4 restaurants and bars, a health club, an outdoor swimming pool, spa and close to 800 square meters of meeting space.

Located on Ton Duc Thang Street, in the heart of Ho Chi Minh City and along the Saigon River, Le Meridien Saigon will be within walking distance to the commercial and entertainment districts of the city and about a 45-minute car ride from Tan Son Nhat International Airport.

Miguel Ko, Chairman and President of Starwood Hotels & Resorts, Asia Pacific, said, "Vietnam is amongst the fastest growing nations in Southeast Asia and in the world and has been experiencing strong leisure and business travel within and into the country. The growing demand presents us with tremendous opportunities to better serve the needs of travelers."

The Le Meridien Saigon Hotel Management Contract Signing Ceremony

Matthew Richard Fry (R), senior vice president of Starwood Asia Pacific, and Nguyen Thanh Lap, chairman and general director of Tien Phuoc-990, at the hotel management contract signing ceremony.

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