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Oil money heading for Vietnam’s luxury hotel industry?

Middle Eastern companies from Saudia Arabia and UAE are said to be investing in Vietnam’s luxury hotel sector. Saudi’s Jehan Holding Group is expected to invest US$1 billion in a high-end resort in Da Lat, whilst Dubai’s Kingdom Hotels Investments has made an agreement with the central Da Nang government to develop a $60-million resort in My Khe.

Paul Johnson

Paul Johnson is Editor of A Luxury Travel Blog and has worked in the travel industry for more than 30 years. He is Winner of the Innovations in Travel ‘Best Travel Influencer’ Award from WIRED magazine. In addition to other awards, the blog has also been voted “one of the world’s best travel blogs” and “best for luxury” by The Telegraph.

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