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The Grand Ho Tram Strip casino resort is to add an extra phase to its “Ixora Ho Tram by Fusion” -branded condominium hotel (condotel) and villas complex (pictured).
“We have commenced development of Ixora [Phase] 2, which will add 512 rooms in a condotel tower and 63 beach villa units,” said Walt Power, chief executive of Ho Tram Project Co Ltd, in an update to GGRAsia in response to our enquiry.
The first phase of Ixora Ho Tram by Fusion, launched at a ceremony in August, includes 164 rooms in a condotel tower and 46 beach villas, taking the current number of operational rooms at the whole Grand Ho Tram Strip site, to over 1,300. The beachside project is in Ba Ria, Vung Tau, in southern Vietnam.
Source:https://www.ggrasia.com/ho-tram-new-phase-at-ixora-condotel-with-villas-ceo/
https://www.asgam.com/index.php/2023/11/20/reports-claim-realization-of-the-grand-ho-trams-full-us4-2-billion-investment-delayed-until-late-2027/The full completion of Vietnam’s The Grand Ho Tram casino and resort complex will not be completed until late 2027, according to a report by local media outlet VNExpress.
First opened in 2013 with an initial investment cost of US$500 million, The Grand Ho Tram is planned to be a US$4.2 billion integrated resort once fully complete, offering a casino, 9,000 hotel rooms, an 18-hole golf course, villas and expansive retail options.
The casino, golf course and some hotel rooms have been operational since opening although current investment still stands at US$1.3 billion, VNExpress said.
IAG understands there are currently 1,100 hotel rooms online across two hotel towers while a new apartment and villa complex launched in August.
VNExpress also reports that the project’s developer, Ho Tram Project Company Ltd, has cited the impact of COVID-19, a lack of sufficient infrastructure between the area and Ho Chi Minh City, and bureaucracy for the latest delay in completion.
This new addition (Ixora), combined with the existing 1,100 hotel rooms across the InterContinental Grand Ho Tram and Holiday Inn Resort Ho Tram Beach, provides guests with a diverse range of accommodations with world-class amenities, such as The Bluffs, a golf course recognized as best in Asia by the World Luxury Travel Awards.
Source: https://www.hotelierindia.com/operations/vietnams-resort-and-entertainment-complex-grand-ho-tram-strip-continues-to-evolve
Ixora Ho Tram progress
Sourse: https://ixorahotramfusion.vn