Accor Hotels, Hanoi Tourism and SIH Investment Ltd have announced plans to develop a new 376-room hotel in Hanoi’s central business district.

The Novotel Hanoi on the Park in Hanoi’s Reunification Park will feature the latest Novotel innovations such as Novation rooms, a Square Restaurant including a terrace, a pool bar, a kids’ corner and a 500sqm function room that will be one of the biggest ballrooms in the heart of Hanoi to offer a park view.

Novotel Hanoi On the Park will be Accor’s fifth hotel in Hanoi. In Vietnam, Accor currently operates the Sofitel Metropole Hanoi, the Sofitel Plaza Hanoi and is expected to open Mercure Hanoi La Gare in early 2009 and the Mercure Hanoi Hado in 2010. The Novotel Hanoi on the Park is owned by SIH Investment Ltd, a joint venture between VinaCapital, Accor and River Nile.

Patrick Basset, Accor Vice President, East & North East Asia said,“The Novotel Hanoi On the Park when completed, will stand out for its blend of elegance and value. We are very happy to join with Hanoi Tourism and the joint venture partners to bring another top hotel to the Vietnam’s capital.”

2008 is a significant year for the Novotel brand in Vietnam as Accor will open two new hotels in Halong Bay (August) and Nha Trang (September). Novotel Hanoi On the Park will complement these two popular destinations among international and local visitors.

In March 2008, Accor officially opened its fully operational office in Ho Chi Minh City. The group is also developing 10 new hotels between end 2008 to 2010: Pullman Lao Cai, Pullman Sapa Resort, Pullman Vung Tau, Mercure Hanoi La Gare, Mercure Hanoi Hado, Novotel Phu Quoc Resort, Novotel Halong Bay, Novotel Nha Trang, Novotel Hoi An Imperial Resort and Novotel Hanoi on The Park.
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