Intercontinental Hotels Group will build the group’s first Holiday Inn franchise in Viet Nam’s capital city of Ha Noi.

The MB Real Estate Joint Stock Company (MBLand) completed legal procedures for the project.

Scheduled to open in 2013, the new hotel will be part of the MBLand’s tower and mixed-development complex that will house hotels, offices and a commercial centre. The complex will be located on Chua Boc Street, Dong Da District.

The 9,400sq.m tower will include 21 floors on a construction area of 75,000sq.m.

As planned, three traffic routes that link the big streets of Truong Chinh, Xa Dan and Nguyen Luong Bang will be built around the tower.

A subway station will also be set up at Chua Boc Street, in front of the MBLand tower. The station, if built, would help ease traffic congestion in the street.

The construction is expected to begin early next year.

The opening of the franchise will meet the growing demand for hotel rooms in Ha Noi. The city is expected to attract 2 million international travellers and 7 million domestic visitors next year.

VietNamNet/Viet Nam News