Saigontourist Holding Company (Saigontourist) has invested 328 billion VND (20.5 million USD) into the Grand Hotel, adding more floors, more rooms, and more amemities.
This move aims to transform and upgrade the old building in district 1, Ho Chi Minh City, to five-star standards,
The new Grand Hotel will be built on a 2,780 sq.m site and will feature 20 floors with 233 rooms.
Saigontourist is focusing on building and expanding other hotels in Ho Chi Minh City, including the Majestic Hotel, Kim Do Hotel, and Continental Hotel, all in an effort to reach next year’s target of 2,000 rooms meeting the five-star standard.
Source: VNA
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