Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, Hotel Properties Limited (HPL) and ASB Development Limited today announced that the renowned luxury resort – The Nam Hai Hoi An - will be managed by Four Seasons as of December 20, 2016. The Resort, a joint venture between HPL, a major international property group, and ASB Development Limited, Dubai’s leading investment group, marks the much-anticipated entry of Four Seasons into Vietnam, one of the world’s fastest growing tourist destinations.

Four Seasons Resort The Nam Hai, Hoi An, Vietnam is located in the country’s premier resort destination along the pristine coastline of Hoi An and in close proximity to the neighbouring town of Hoi An, a UNESCO-protected trading port from the 15th century and one of Vietnam’s modern culinary meccas. The Resort is also conveniently located just 30 minutes from the city of Da Nang and Da Nang International Airport, making it easily accessible for international and regional travellers alike.

An intimate resort, Four Seasons Resort The Nam Hai, Hoi An, Vietnam will offer 40 private residence villas and 60 newly-renovated resort villas, all featuring outdoor showers, terraces, and expansive indoor and outdoor living spaces. At the heart of the Resort lies a series of three pools, flanked by palm trees and offering unobstructed views of Hoi An’s white sand beach and breaking shore.  The extensive amenities at the Resort will include three world-class dining venues - offering both beach and pool-side dining, as well as an all-new Vietnamese cooking school.

“Hoi An is one of the most coveted resort locations in Vietnam and we’re excited to be bringing legendaryFour Seasons service and quality to this idyllic destination,” says Stephen Lau, Chairman, HPL Hotels and Resorts.  “As owners of several Four Seasons properties around the world, we know that Four Seasons has a proven track record of catering to discerning luxury travellers from around the world with highly personalised care and unmatched attention to detail.  We look forward to bringing their world-class hospitality to the Hoi An coast and together creating one of the finest resorts in Vietnam.”

J. Allen Smith, President and CEO, Four Seasons Hotels and Resorts adds, “Vietnam is an important growth market for Four Seasons and this is a unique opportunity to quickly establish a presence in the country’s top resort destination with partners HPL and ASB, who believe in the culture of Four Seasons and share our vision for success."

 “As we continue to extend our presence across Asia Pacific we are focused on ensuring that each new addition to our portfolio represents the very best of Four Seasons, offering the highest levels of service excellence and product quality,” continues Smith. “Four Seasons Resort The Nam Hai, Hoi An, Vietnam  will be no exception and we are excited to mark our entry into Vietnam with such a desirable location and a luxury product that will appeal to regional and international travellers, as well as private residence owners.”

Renovations to the Resort will add an all-new beach bar, kids club and a variety of water sports to the existing tennis, badminton and basketball courts, and fitness centre.  The Resort will also offer a world-class spa, featuring eight private pavilions surrounded by the glass-like waters of a lotus pond.

Four Seasons Resort The Nam Hai, Hoi An, Vietnam will be the latest addition to the exclusive collection ofFour Seasons resorts in the Asia Pacific region, including two resorts in Bali; two resorts, a private island, and a private catamaran in the Maldives; three resorts in Thailand; and resorts in Bora Bora and Langkawi.

About Hotel Properties Limited

Headquartered in Singapore, HPL is a major international property group with over 30 years of experience and an extensive portfolio of hospitality, residential and lifestyle interests. It enjoys a strong association with Four Seasonsthrough the ownership of a significant number of Four Seasons hotels and resorts in destinations such as Singapore, Bali, Johannesburg, Seychelles, Serengeti and the Maldives, as well as a new Four Seasonsdevelopment in Kuala Lumpur.

About ASB Development Limited

ASB Development Limited is a member of Albwardy Investment, one of Dubai’s leading investment groups with interests worldwide. In addition to hotels in London, Dubai, Zanzibar and Tanzania, it owns Four Seasonsproperties in Buenos Aires, Seychelles, Serengeti and Johannesburg.