DANANG, 13 January 2021: InterContinental Hotels Group has signed
a management agreement with Minh Dong Travel Service and Trading Company
Limited – a PGT Group member – to open the second Crowne Plaza in Danang.

The 300-room Crowne Plaza Danang Waterfront will welcome
guests in 2023. Located next to the beachfront on the city’s main thoroughfare
Vo Nguyen Giap street, the 38-storey hotel is just 5 km from the city’s
international airport. It will complement the existing low-rise Crowne Plaza
Danang, situated further south along the beachfront.

With 1,500 sqm of dedicated space, Crowne Plaza Danang
Waterfront will have a strong focus on meetings and events, ranging from
corporate functions to weddings for up to 400 people. Facilities will also
include three restaurants and a spa.

PGT Group chairman, Le Anh Trieu commented: “ Crowne Plaza
brand was the right match for what we were trying to achieve in our mixed-use
development close to My Khe Beach.”

IHG has 14 hotels operating under four brands: Six Senses,
InterContinental, Crowne Plaza, and Holiday Inn, with another 17 in a pipeline
which includes brand entries for Regent and Hotel Indigo.

The newest addition to Vietnam will be the 300-key Crowne
Plaza Phu Quoc Starbay, opening in 2021.