Frasers Hospitality continues its expansion throughout the region and recently announced the opening of its first residence in Vietnam under its Capri brand.Capri by Frasers in Vietnam

Situated in Ho Chi Minh City’s District 7, Capri by Frasers, which recently celebrated the launch of a similar development in Singapore, will cater to business travellers, offering an extensive range of hotel facilities and services.

The generously appointed 126-suite hotel features spacious studios, one bedroom and two bedroom suites, which include extensive living ares, generous workspaces, top of the range entertainments systems and fully equipped kitchens. Guests will also have access to the business centre, gymnasium complete with steam room and sauna and a number of dining options including the Caprilicious delhi and Drinx bar and restaurant.

Capri by Frasers’ convenient location means guests can also explore the vibrant nightlife and plethora of restaurants in the neighbourhood. It is also situated close to local attractions such as Ben Thanh Market, the Museum of Fine Arts and Mariamman Temple, and major shopping centres including Parkson Paragon, Crescent Shopping Mall and Annam Gourmet Market.

Figures of General Statistics Office indicated international arrivals in Việt Nam in September grew by up to 61.6% to over 640,000, and in the first nine months of 2012 exceeded 4.85 million, up 13% compared to the year earlier period.

Frasers Hospitality quoted sources including the World Tourism Organization as saying that Việt Nam’s tourism industry was expected to grow at an annual rate of 11.5-12% until 2020, generating a total revenue of about US$18-19 billion.

The country is also projected to be among the top three rapid growth markets in Asia Pacific for 2013.