The Grand Ho Tram is launching a US$1 billion expansion to enhance its status as a premier integrated tourism destination, backed by Lodgis Hospitality Holdings.
Information on the Target
The Grand Ho Tram is embarking on a monumental transformation with a new US$1 billion expansion project that commenced on May 15, 2025. This ambitious endeavor aims to elevate the resort into a premier integrated tourism destination in Vietnam. The expansion is supported by Lodgis Hospitality Holdings, a strategic joint venture formed by Warburg Pincus and VinaCapital, demonstrating a strong commitment to developing Vietnam’s tourism sector.
Located along the pristine coastline, the Grand Ho Tram is already well-regarded for its entertainment and hospitality offerings. This large-scale upgrade will include additional facilities to enhance leisure experiences, thus attracting both domestic and international visitors looking for high-quality tourist destinations.
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Industry Overview in Vietnam
Vietnam's tourism sector has shown remarkable resilience and growth in recent years, making it one of the fastest-growing in Southeast Asia. The country's natural beauty, rich culture, and improving infrastructure have drawn
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Disclosed details
Transaction Size: $1,000M