Marriott International plans to open one hotel every eight days through 2016 in Asia. The hotel brand expects to double its presence in the region in the next three years, reaching a total of 330 hotels with more than 96,000 rooms across 16 countries.
After a torrid two years that saw its real estate market freeze, Vietnam is beginning to attract interest from overseas investors once again. Though the market has yet to bottom, early adopters are betting the upturn is to come soon.
Vietnam commercial and residential real estate's three-year downturn may be turning following a stock market rally, three straight monthly interest rate cuts and renewed interest by the government to help the industry recover. Office and residential development appear to be near-future opportunities. Until now, investors have lost confidence in the property markets.
Real estate in Vietnam never has been a hot market for most Asia-Pacific investors. Players from Singapore and South Korea used to be the most visible property investors in Hanoi and Ho Chi Minh City. That's changing now that Japanese money men are starting to enter Vietnamese markets.
(PHAN THIET, VIETNAM) -- Two of Vietnam's premier courses recently joined forces in a bid to lure more golfers to one of the country's most activity-rich tourist areas. Ocean Dunes Golf Club in Phan Thiet and Sea Links Golf & Country Club in nearby Mui Ne have formed Golf the Beach ...
Soon after VinaCapital Real Estate launched the Danang Beach Resort in 2007, the sales results forced the developers to rewrite the business plan.
Marrakesh, Morocco The Moroccan city of Marrakesh ranks as the best value for a second home, based on a recent study of prices in 35 markets around the world.An apartment in Marrakesh averages £1,265 per square meter (about $1,900), beating...
Da Lat City skyline (LOS ANGELES, FRANKFURT and HANOI) -- Talk about big international deals: This one is at the top of the list.Los Angeles, CA-based PHIGroup, Inc. (OTC Bulletin Board: PHIE; Frankfurt Stock Exchange: PR7, WKN 935160), through its...
