In 2015, Indochina Capital entered into a joint venture with Vanguard Hotels Pte Ltd to establish Indochina Vanguard Hotels Pte Ltd.
Vanguard Hotels is a Singapore based company founded in 2008 with a clear strategy to develop quality, affordable, branded hotel properties across Southeast Asia.
Vanguard Hotels is now rolling out properties in Malaysia and the Philippines. Under the new Joint Venture, Indochina Vanguard plans to launch a similar Vietnam branded product. Indochina Vanguard will initially focus on the major urban areas of Hanoi, Ho Chi Minh City and Danang and ultimately expand into a number of Vietnam’s secondary markets and Cambodia, Laos and Myanmar.
Indochina Vanguard’s hotels developments will provide customers with high quality, innovative products at affordable price points, “affordable luxury”, along with an operating environment that allows for maximizing the profit opportunity and providing the highest possible returns to the company.