Mövenpick Hotels & Resorts has signed its sixth property in Vietnam.

Situated in the coastal city of Danang, the new property involves a partnership with Vicoland Group Joint Stock Company to build a 150-room hotel and 354 branded residences, which are scheduled to open in quarter three of 2019.

“The property is specifically being designed to serve Vietnam’s rapidly developing tourism and business and MICE sector while also meeting emerging demand for extended and long-term stays,” explained Andrew Langdon, Mövenpick Hotels & Resorts chief development officer.

“The branded residences will form a mandatory rental pool, which maximises the developers return and responds to the real estate market providing a secure investment for individual unit buyers, with all the advantages of a hotel and of course benefit from Mövenpick’s internationally renowned management services.”

Located in central Vietnam where the Han River meets the South China Sea, Mövenpick Hotel & Residences Han River, Danang, Vietnam is located in on the banks of the Han River within Danang’s commercial heart, just six kilometres from Danang International Airport.

The hotel will offer a range of contemporary amenities to support its well-appointed riverside rooms, including a signature rooftop bar and restaurant, lobby lounge, café and wine bar, pool bar and speciality restaurant.

Leisure facilities include a swimming pool, fitness centre, spa and kids’ club, as well as a ballroom and state-of-the-art meeting rooms.

A former French colonial port, the attractive city of Danang is a rapidly emerging tourism destination and important transport and industrial hub for Vietnam and therefore a strategic location for Mövenpick Hotels & Resorts.

The area welcomed 4.6 million international visitors in 2015, an increase of over 20 per cent on 2014 and is home to the famous China Beach, reputed to be the best stretch of sand on the Vietnamese coast.