New luxury resort to be built in Thua Thien-Hue
MTV Hue Spirit Sanctuary Ltd Co this week received in-principle approval from the Thua Thien-Hue People’s Committee to develop a luxury resort complex in the province’s Huong Tra town.
Construction of the complex, expected to cost VND205 billion (US$9 million), is planned to begin in the third quarter of 2018 and be completed in the fourth quarter of 2019.
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| MTV Hue Spirit Sanctuary Ltd Co this week received in-principle approval from Thua Thien Hue People’s Committee to develop a luxury resort complex in the province’s Huong Tra town. |
The Hue Spirit Sanctuary complex, which will comprise villas, an international convention centre and entertainment area, strives to serve the high-end tourist segment.
Thua Thien-Hue had welcomed over 3.1 million travellers, including 1.2 foreigners, over the past 10 months of this year, up 12.6% year-on-year, according to the provincial Department of Culture, Sports and Tourism.
During the reviewed period, the province’s tourism revenue experienced a yearly rise of 10%, to more than VND2.8 trillion (US$123.4 million), the department said.