Furama Resort Danang: Investment of $10 million to expand the five-star Resort
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Furama Resort Danang: Investment of $10 million to expand the five-star Resort
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Category: Asia Pacific
This is a press release selected by our editorial committee and published online for free on 2006-01-16
The Bac My An Tourism Joint Venture Company, the major investor in Furama Resort Danang today officially announced the intention to invest $10 million to expand the five-star Resort to meet the increasing demand for local and international tourists, especially to prepare for the APEC Vietnam 2006. Under the plan, Furama Resort Danang will build 100 more hotel rooms, increasing the current number of rooms to 300, which is expected to be completed in early 2008.
Concurrent with this project, Furama Resort Danang will build an International Conference Centre with one grand-ballroom and four other conference rooms, which can accommodate 800 people and 200 people respectively. Therefore, Furama Resort Danang will increase its current number of conference rooms to 2 grand-ballrooms and 10-group-conference rooms. These conference rooms will be able to serve APEC, and other, international conferences. The International Conference Centre will be completed this June.
According to Mr. Nguyen Duc Quynh, Furama Resort Danang’s Business Development Director, the construction of the International Conference Centre will promote Danang province as a center to organize international conferences besides Hanoi and Ho Chi Minh City. “The ICC of Furama Danang will be the largest conference centre in the central provinces. With direct flights from Singapore, Bangkok, Hanoi and Ho Chi Minh City to Danang, we believe that our strategy is right aiming to MICE (Meeting, Incentives, Conference and Exhibition),” says Mr. Quynh.
A 34-hectare area to the south of the hotel has also handed over to a shareholder of the Furama Resort Danang with intention to build 2 up-market hotels with 1,000 rooms, shopping centres and entertainment areas. This project will connect with Furama Resort Danang to become an international high-end tourist complex. Currently, Furama Resort Danang has installed wireless Internet in all public areas and is preparing to install high-speed Internet to all bedrooms.
The investment of more $10 million will increase the total registered capital of Furama Resort Danang to $52 million.
At the present, the Furama Resort Danang is the only and the first five-star resort in the central provinces. In 2005, the number of guests staying at Furama Resort Danang remarkably increased by 30 percent compared to the year 2004. The hotel plans to welcome 100,000 guests in 2006; an increase of 25 percent compared to 2005. Especially, from August 2006 to September 2, 2006, Goodman Marine International Overseas will organize the inaugural annual Danang International Sailing Regatta, which will attract about 2,000-3,000 tourists.
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