Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with an affiliate of A&B Group for a Hyatt Regency hotel in Nha Trang, Vietnam. Set to open in late 2019, the 434-room hotel will mark the first Hyatt Regency hotel in Nha Trang, a coastal resort city in southern Vietnam boasting scenic white sandy beaches and rich culinary offerings.
Hyatt Regency Nha Trang will be designed to connect today’s travelers to who and what matters most. As part of a mixed use development, which includes retail and office space, Hyatt Regency Nha Trang will feature 434 guestrooms, a majority of which will enjoy sea views, more than 12,000 square feet (1,130 square meters) of meeting space, multiple bars and restaurants, a fitness center, and a swimming pool.
The hotel will be located along Tran Phu Street, one of Nha Trang’s prominent streets lined with pastel-colored houses and shops reminiscent of colonial Vietnam. The seaside street today attracts locals and travelers for its art galleries that showcase Vietnam’s local flavor. While Nha Trang has been a popular beach destination for leisure travelers, the shipbuilding industry has contributed heavily to the city’s economy, attracting business travelers to the city. Cam Ranh International Airport, which serves the city, welcomed 5.4 million passengers in 2017, and the government plans to accommodate the rising number of visitors with the introduction of a second airport terminal.