Marriott International has signed a significant agreement with Sun Group to develop 10 new hotels and resorts in Vietnam, marking the debut of W Hotels and Moxy Hotels in the country. The properties, totalling approximately 4,500 keys, will be located in Phu Quoc and Vung Tau, with openings scheduled between 2027 and 2030. This collaboration aims to enhance Vietnam's status as a leading destination for tourism and hospitality.
The agreement was formalised at a signing ceremony attended by key figures from both companies, including Anthony Capuano, CEO of Marriott International, and Dang Minh Truong, Chairman of Sun Group. Rajeev Menon, President for Asia Pacific Excluding China at Marriott, expressed enthusiasm about the venture, stating, "Vietnam is one of the world's most dynamic markets for travel and tourism."
The new developments in Phu Quoc will feature five hotels under distinct brands, including W Hotels and Marriott Hotels, within an 88.4-hectare mixed-use development. Meanwhile, Vung Tau will see the introduction of three properties under Marriott Hotels, Moxy Hotels, and Four Points by Sheraton.
These projects are expected to bolster Phu Quoc's ability to host world-class events, with the island set to host APEC 2027. The addition of these hotels will complement Marriott's existing portfolio of 32 properties in Vietnam, further solidifying the country's position on the global tourism map
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