InterContinental Hotels Group (IHG) has signed an agreement with Tran Hong Quan Trading to manage the group’s first Crowne Plaza hotel in the Vietnamese capital Hanoi.
The Crowne Plaza West Hanoi hotel is scheduled to open in 2010 and will be part of a $65m mixed-development complex.
It is one of five hotels IHG is developing in Vietnam.
The InterContinental Hanoi Westlake is due to open in November 2007, while the Crowne Plaza Danang, Intercontinental Asiana Saigon in Ho Chi Minh City and InterContinental Danang Resort on the Son Tra Peninsula are scheduled to open in 2009.
By staff writer