HCMC, 14 May 2018 – BHMA Hotels today announced the signing of an agreement with Vietnamese developer Ixora Real Estate to manage the hotel operations at the new X2 Resorts & Residences at the UNESCO World Heritage destination of Hoi An, near Danang in central Vietnam. The signing ceremony was held on 11 May 2018 in Ho Chi Minh City, with BHMA represented by its CEO Anthony McDonald, and Ixora represented by its founder David Chang.
The exclusive 7-hectare eco-resort will be located on 650 meters of prime river frontage along the Coco River. Just minutes from the white sands of An Bang Beach and other popular beaches, it is also close to the charming historic old town of Hoi An. The resort features 70 private villas with 2 – 4 bedrooms and private pools, and a hotel comprising 31 loft units and 56 suites. The property will incorporate a range of world-class facilities such as infinity swimming pools, a library, spa and health club, restaurants and bars, a canoe station, children’s play zone, and both organic and hydroponic gardens amidst the tropical landscaped grounds. The property’s commitments to sustainable and environmentally conscious design have earned it one of Vietnam’s first “Lotus Certifications.” Sales of the villas and lofts will commence in June 2018, while the first phase of the property is scheduled to open in the first quarter of 2019.
BHMA is Flight Centre Travel Group’s hotel management company and is providing design input and operational expertise in managing the property. “We are very excited about X2 Hoi An Resort & Residence,” said Anthony. “Central Vietnam is one of the fastest-growing areas in Southeast Asia for tourist arrivals thanks to its array of attractions, beautiful landscape, historical townships, and a full range of activities. The property is located less than 30 minutes away from the airport, which has direct links to 25 major destinations across Asia, and more to come in the future. This particular part of the country truly provides the perfect opportunity for us to further establish and grow our presence here in Vietnam.”
According to the project developer Mr. David Chang, “X2 has quickly made a name for itself as one of the region’s premier boutique hotel brands. Its commitment to style and design and high standards fits perfectly with our vision for this project, which is to create an intimate, refined and tranquil environment that promotes wellness and holistic living. BHMA is the ideal partner to help us realize our goals.”
The X2 Hoi An Resort & Residence offer investors a unique range of lofts and villas that are designed to international standards and utilize materials, textures and palettes that complement the lush tropical environment. They provide the ideal setting to entertain family and friends as a second home as well as serve as solid investment.
X2 Residences are available on a freehold basis for Vietnamese and foreign qualified investors or alternatively on a secured long-term basis with freehold conversion rights. All owners have the option to join the hotel rental and management program run by X2 Residences, providing steady yield returns. With real estate values maximized by freehold rights to substantial plots of land with all villas for Vietnamese citizens or their foreign spouses, and a rental pool program which allows owners to enjoy high yields in addition to generous vacation use, this spectacular residence development has all the attributes to guarantee satisfaction and success.