Citadines Quy Nhon Resort
Ascott Enters Quy Nhon with Signing of Citadines Quy Nhon Resort
The Ascott Limited (Ascott), the lodging business unit wholly owned by CapitaLand Investment (CLI), has signed Citadines Quy Nhon Resort, marking its first footprint in this emerging coastal city as it continues to expand its presence across Vietnam's high-growth destinations.
Citadines Quy Nhon
Photo by The Ascott Limited
Citadines Quy Nhon Resort will introduce a new beachfront destination in Quy Nhon, a city rapidly gaining recognition as a high-potential tourism hub driven by ongoing infrastructure upgrades, enhanced connectivity, and a steady rise in visitor arrivals. The mixed-use resort will be developed in two phases. The first phase, expected to open in 2030, will feature 257 villas together with a clubhouse and resort facilities. The second phase, targeted for 2033, will introduce a 100-key hotel tower with its own dedicated guest facilities. Selected amenities, including the Kids' Club and spa, will be shared across the development through the central clubhouse. Once completed, the resort will offer a combination of accommodation, dining, wellness and recreational facilities designed for families, groups and leisure travellers.
The signing brings Ascott's portfolio in Vietnam to 43 properties and more than 11,300 units across operational and pipeline developments, reflecting the company's continued confidence in Vietnam as one of Southeast Asia's most promising hospitality markets.