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Foreign investment continues to flow into hospitality market

Foreign investment continues to flow into hospitality market 11:17 | 15/03/2021 The hospitality industry has struggled in the past year, but despite the challenges, foreign investors are still debuting new properties in Vietnam. VIR’s Hoang Anh sat down with Michael Piro, Indochina Capital’s COO and Wink Hotels’ CEO, to discuss the brand’s soon-to-open first property and why foreign investors are still bullish on Vietnam’s hospitality market. Can you assess the potential of Vietnamese tourism in 2021 compared to neighbouring countries? Michael Piro, Indochina Capital’s COO and Wink Hotels’ CEO Vietnam has been exceptional with its approach to COVID-19, which recently ranked second worldwide by Australian think tank Lowy Institute. Not only does this highlight the country’s competence on a global level, but it also allowed the domestic market to travel relatively unhindered, which puts us in a very good posi

A wink marks the start of a new chain

SINGAPORE 27 January 2021: Wink Hotels will open its first hotel in March 2021 in Vietnam’s leading gateway destination, Ho Chi Minh City. The 237-room Wink Hotel Saigon Centre @ 75 Nguyen Binh Khiem, located in Da Kao, District 1, is the launch venture of Vietnam’s first homegrown, international-standard hotel group. The signature experience involves each Wink hotel bringing Vietnamese street food culture to the comfort of a hotel environment with its Wink Carts for easy, quick breakfasts and lunches.  Another Wink Hotels feature introduces its STAY24 programme that guarantees a  full 24-hour guest experience regardless of check-in time.  Wink Hotels has also announced a pipeline of 20 hotels

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