According to data from the Vietnam National Authority of Tourism, Vietnam welcomed 10.6 million international visitors in the first five months of 2026, representing a 14.9% increase year-on-year. In May alone, arrivals neared 1.8 million, up 16.5%.
The largest contributing markets included China and South Korea (accounting for nearly 40%), followed by Russia and India (surging over 50%), and the European region (up 54.8%). This robust growth in international tourism serves as a solid foundation for foreign hotel management groups to press ahead with scaling up their investments in the Vietnamese market.
Against this backdrop, UK-based hospitality giant IHG Hotels & Resorts has announced a partnership agreement with Meraki Land to develop two new projects in southern Vietnam. This move expands IHG’s total portfolio in Vietnam to 24 operating hotels and 19 projects under development, bringing the total to 43 properties.
The agreement includes the Regent Ho Tram project (scheduled to open in 2032) and the Crowne Plaza Saigon Binh Duong project (scheduled to debut in 2029). Meraki Land is recognized as the owner of Moire Hoi An (Vignette Collection) and a founding shareholder of Crowne Plaza Danang City Centre.
IHG's expansion scale in Vietnam is backed directly by its global network. The UK-headquartered group currently owns a prestigious collection of luxury brands, including Six Senses, Regent, and InterContinental.
According to its 2025 financial report, the group officially surpassed the 1-million-room milestone, with 6,963 operational hotels across more than 100 countries. IHG is also pipeline-developing 2,292 projects, totaling 340,000 rooms. Its total revenue for 2025 grew by 5% to reach $35.2 billion, while operating profit surged 13% to approximately $1.3 billion.
Scale of the Two New Projects
Regent Ho Tram is planned with 220 keys, comprising 110 suites, 30 Skyvilla Suites, and 80 villas. The project will also integrate 95 Regent-branded residences.
- Location & Logistics: Situated in the Ho Tram area, the complex is less than a two-hour drive from Ho Chi Minh City and offers direct highway connectivity to Long Thành International Airport.
- Target Market: The project aims to serve High-Net-Worth Individuals (HNWIs) in the southern region as well as international travelers.
Crowne Plaza Saigon Binh Duong will feature 221 rooms, located within a mixed-use complex in Thuan An (formerly Binh Duong Province), roughly one hour away from downtown Ho Chi Minh City and Tan Son Nhat International Airport.
- Target Market: The hotel is strategically positioned to capture the accommodation demand of expatriate experts and professionals in an area that currently hosts over 30 operational industrial parks and 19 others under development.
- Amenities: On-site facilities are designed to include 3 restaurants, a fitness center, and over 1,000 square meters of dedicated meeting and event space.
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Source: Anh Khôi | 05-06-2026 - 00:05 AM