$10 mn expansion for Vietnam resort

12th Jan 2006

The Bac My An Tourism Joint Venture Company is investing $10 million to expand the Furama Resort Danang to meet demand from tourists.

Under the plan, Furama Resort Danang will build 100 more hotel rooms, increasing the current number of rooms to 300. The new rooms are expected to be completed in early 2008.

Concurrent with this project, Furama Resort Danang will build an International Conference Centre with one grand-ballroom and four other conference rooms, which can accommodate 800 people and 200 people respectively. This will increase its current number of conference rooms to 2 grand-ballrooms and 10-group-conference rooms. These conference rooms will be able to serve APEC 2006, and other, international conferences. The International Conference Centre will be completed this June.

According to Mr. Nguyen Duc Quynh, Furama Resort Danang’s Business Development Director, the construction of the International Conference Centre will promote Danang province as a center to organize international conferences besides Hanoi and Ho Chi Minh City. “The ICC of Furama Danang will be the largest conference centre in the central provinces. With direct flights from Singapore, Bangkok, Hanoi and Ho Chi Minh City to Danang, we believe that our strategy is right aiming to MICE Meeting, Incentives, Conference and Exhibition),” said Mr. Quynh.

A 34-hectare area to the south of the hotel has also handed over to a shareholder of the Furama Resort Danang with the intention of building two up-market hotels with 1,000 rooms, shopping centres and entertainment areas. This project will connect with Furama Resort Danang to become an international high-end tourist complex. Currently, Furama Resort Danang has installed wireless Internet in all public areas and is preparing to install high-speed Internet in all the bedrooms.


The investment of more $10 million will increase the total registered capital of Furama Resort Danang to $52 million.

In 2005, the number of guests staying at the Furama Resort Danang remarkably increased by 30% compared to 2004. The hotel plans to welcome 100,000 guests in 2006; an increase of 25% compared to 2005.


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