HANOI, Vietnam, 2 December 2021: Swiss-Belhotel
International plans to team up with partners to introduce four high-end
residence brands to the Vietnamese market from its 16-strong portfolio.

The upscale residence brands heading for Vietnam’s hotel
scene are Grand Swiss-Belhotel, Grand Swiss-Belresort, Swiss-Belhotel and
Swiss-Belresort.

Left to Right: Gavin M. Faull, chairman and president Swiss-Belhotel International and Edward Faull, senior vice president operations & development – Vietnam.

Swiss-Belhotel International’s launch into Vietnam comes as
branded residences are fast on the rise across the country, following a 170%
surge in the past decade alone, driven by rapid GDP growth as more Vietnamese
seek prestige and exclusivity of owning luxury residences.

“I am confident we will find the ideal partner to bring
our most lucrative brands to Vietnam,” said Swiss-Belhotel International
chairman and president Gavin Faull.

Swiss-Belhotel International is currently in 19 countries,
managing a portfolio of more than 125 hotels, resorts and projects located in
China, Indonesia, Malaysia, Philippines, Vietnam, Bahrain, Egypt, Iraq, Kuwait,
Oman, Qatar, Saudi Arabia, United Arab Emirates, Australia, New Zealand,
Switzerland and Tanzania.

(SOURCE Swiss-Belhotel International)