Hotel Group Launches Into Vietnam

. October 14, 2008

VIETNAM, December 29, 2005. Vietnam's first international hotel management group is launching to cater for the tourism boom in Indochina and neighboring China.

Working with foreign investors and a worldwide marketing and reservations network, the new hotel group aims to promote investment and travel to Vietnam. Headed by Paul Stoll, the group offers three distinct hotel brands -- the luxury brand 'Celadon', budget brand 'Waves' and highly themed brand 'Exotica'. "Celadon, Waves and Exotica will provide the highest standard of services and facilities while offering three options to fit guest budgets," said Mr. Stoll.

Over the past decade, the German hotelier formerly general manager of the iconic Furama Resort Danang has worked to secure Vietnam's place on the world's tourism map. The hotel group is in the process of developing hotels and resorts in Vietnam, Shouzhou and Beijing.

Mr. Stoll revealed that the hotel group plans to focus special attention on the growing business travel sector.

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