Hyatt Signs With IFF Holdings for Hyatt Regency Resort and Spa and Residences in Vietnam’s Popular Beach Destination, Ho Tram

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China, Hong Kong. March 22, 2021

Hyatt announced that a Hyatt affiliate has entered into an agreement with IFF Holdings Joint Stock Company ("IFF Holdings") for Hyatt Regency Ho Tram Resort and Spa and Residences. Slated to open in 2024, this will be the first Hyatt Regency development in the south of Vietnam.

With 280 guestrooms and 63 pool villa residences, Hyatt Regency Ho Tram Resort and Spa and Residences will be situated in a prime location along an over 1,000-foot (330-meter) picturesque coastline known for its pristine sandy beaches, turquoise waters and coastal vibe. Ho Tram is a popular weekend getaway for Vietnamese travelers, as well as an emerging MICE destination and growing hotspot for international tourists. The addition of Hyatt Regency Ho Tram Resort and Spa and Residences is expected to provide leisure and business guests with a stress-free retreat and memorable experiences.

"We are thrilled to collaborate with IFF Holdings for the first time on Hyatt Regency Ho Tram Resort and Spa and Residences as we continue to prioritize thoughtful growth in locations that matter most to our guests, World of Hyatt members, customers and owners," said David Udell, group president, Asia-Pacific, Hyatt. "This will be a strategic addition to our brand footprint in Vietnam and will complement Hyatt's growing resort offerings, which include future openings in key leisure destinations such as Halong Bay and Phu Quoc."

Guests of Hyatt Regency Ho Tram Resort and Spa and Residences will find themselves immersed in a landscape of existing tropical greenery that will be carefully preserved. Designed for peace of mind, all guestrooms and suites will feature stylish contemporary interiors inspired by the surrounding pristine nature and will allow for guests to enjoy uninterrupted sea views. The property's residences will include pool villas with two to five bedrooms, offering owners and guests privacy and exclusivity for complete relaxation. Other resort facilities available to both guests and residence owners will include multiple restaurants and bars, designated adults' and kids' pools, a kids' club and playground, an elevated forest walk, extensive meeting and event facilities, and a unique detox spa offering that will be new to Ho Tram.

"Hyatt Regency Ho Tram Resort and Spa and Residences will raise the hospitality benchmark in Ho Tram with its premium standard in terms of design, hospitality and service," said Ms. Nguyen Thi Mai, chairwoman, IFF Holdings. "We are delighted to collaborate with Hyatt on this defining project to deliver an exceptional experience for local guests and international travelers visiting Ho Tram."

Hyatt Regency Ho Tram Resort and Spa and Residences will be conveniently located on the main coastal road of Ho Tram, a 90-minute drive from Ho Chi Minh City. Come 2025, the opening of the Long Thanh International Airport is expected to further boost Ho Tram's accessibility and attractiveness as an international tourist destination. Beyond the resort, guests will also be able to enjoy nearby attractions, including Binh Chau Hot Springs and The Bluffs, a Greg Norman-designed golf course.