Vietnam’s Wafaifo Hospitality to offer management and consultancy services within Golden Triangle

Wafaifo Hospitality in Vietnam officially signed a new agreement with its founding partners to offer management and consultancy services to new hotel, retail and wellness ventures across Vietnam, Cambodia, Laos, and Thailand. 

The agreement extension was signed in Tam Ky, Quang Nam province, last 23 August by Quang Nam Wafaifo Hotel Joint Stock Company managing director Pieter van der Hoeven and founding partner Ngo Duc Trung, general director of the Quang Nam Water Drainage Supply Joint Stock Company.

Projects under this new agreement may be for Wafaifo itself, third-party tourism and lifestyle investors who seek to build new hospitality businesses, or owners who wish to improve existing facilities. 

The initial project for the partnership is the 134-key Wafaifo Resort Hoi An, slated to open on 11 October. Apart from its 134 rooms and suites, the new urban lifestyle resort will feature technology-led wellness treatments and a range of food and beverage outlets at its city centre location, a 10-minute walk from Hoi An’s UNESCO heritage area.

Looking into untapped potential

On signing the agreement, Trung said: “The tourism and hospitality sector in Vietnam and Indochina has huge untapped potential. Wafaifo Hospitality offers expert operational and marketing experience to help us realise that potential on behalf of investors, partners, tourists and Vietnamese residents,” he said.

Van der Hoeven, added: “By most metrics, tourism and hospitality in the region has recovered to above 2019 levels. We anticipate continued strong tourism growth, especially as China’s outbound has yet to fully bounce back. Hospitality prospects for the region are very bright.”