BRESI OVERVIEW: Marriott & Masterise Group sign four new hotels and a Ritz-Carlton Residences
- Major Expansion in Vietnam: Marriott International partners with Masterise Group to develop four hotels and one branded residence development across Vietnam, adding nearly 1,900 rooms to strengthen its presence in the country’s key urban and leisure markets.
- Luxury Debut in Ho Chi Minh City: The Ritz-Carlton brand makes its first appearance in Ho Chi Minh City with a 231-room hotel and 420 branded residences in District One, setting new standards for high-end hospitality in Vietnam’s most dynamic metropolis.
- Eco-Resort Development in Can Gio: A dual-branded property featuring JW Marriott and Four Points by Sheraton will offer 780 keys as part of a pioneering 2,870-hectare coastal ecotourism destination designed to attract up to nine million visitors annually.
- Hanoi’s First Marriott Hotel: The Co Loa Marriott Hotel will bring 494 rooms to the capital city, positioned next to the National Exhibition & Convention Center with 3,000 square meters of meeting space to serve business travellers and event planners.
Cover Image L-R: Nelly Phuong Ta, Head of Hospitality & Entertainment – Masterise Group | Gautam Bhandari, Chief Development Officer, Asia Pacific excluding China, Marriott International.Image Courtesy of Marriott International
Marriott International Signs Multi-Property Agreement with Masterise Group, Accelerating Expansion in Vietnam
Marriott International, Inc. announces a landmark signed agreement with Masterise Group to open four hotels, with one branded residence, in Vietnam, adding close to 1,900 keys to the group’s nationwide portfolio and introducing Marriott’s industry-leading luxury, premium, and select hotel brands to cities across Vietnam’s key urban, economic and leisure destinations.
The flagship properties will be strategically positioned in Ho Chi Minh City. The launch of The Ritz-Carlton, Saigon and The Ritz-Carlton Residences, Saigon is poised to set a new benchmark for luxury hospitality in Vietnam, while a pioneering eco-resort complex in Can Gio, the natural retreat close to Ho Chi Minh City, will include JW Marriott and Four Points by Sheraton hotels, aligning with the district’s long-term development vision. In Hanoi, the city’s first Marriott Hotel will set the stage for authentic Vietnamese culture and large-scale events.
This multi-property agreement was officially signed by Gautam Bhandari, Chief Development Officer, Asia Pacific excluding China, Marriott International and Nelly Phuong Ta, Head of Hospitality & Entertainment, Masterise Group.
Together with the 2025 launch of Masterise Hospitality & Entertainment (MHE), this agreement marks a pivotal step in Masterise Group’s expansion into hospitality and resorts and its rise as an experiential ecosystem leader.
“Our collaboration with Masterise Group is founded on a shared vision and a long-term commitment to excellence. Together, we are developing projects that we expect to stand as enduring icons – designed, constructed, managed, and operated in full alignment with the rigorous quality standards of Marriott International’s world-leading brands,” said Gautam Bhandari, Chief Development Officer, Asia Pacific excluding China, Marriott International. “Through this multi-property agreement, we hope to create destinations that deliver memorable and meaningful experiences for domestic and international travellers alike.”
Co Loa Marriott Hotel
Co Loa Marriott Hotel is set to introduce the flagship Marriott Hotels brand to Hanoi. Currently under construction next to the National Exhibition & Convention Center, 13km from downtown, it is expected to feature 494 keys, offering an outstanding option for business travellers and meeting planners.
Guests can look forward to the brand’s signature Wonderful Hospitality as they stay in spacious and thoughtfully appointed rooms and suites (starting from 40 square meters), dine in style at four restaurants and lounges, cool off in the outdoor pool, unwind at the spa, and work out at the fitness center.
The hotel is also slated to feature 3,000 square meters of bright, fully connected function space, and a focus on authentic Vietnamese culture, ideal for immersive events that capture the spirit of Hanoi.
JW Marriott Hotel Saigon Can Gio and Four Points by Sheraton Saigon, Can Gio
JW Marriott Hotel Saigon Can Gio and Four Points by Sheraton Saigon, Can Gio is planned as part of the 2,870-hectare Can Gio Coastal Urban Tourism Area, a pioneering ecotourism destination which is set to attract up to nine million annual visitors to Can Gio, a lush, natural enclave set to connect Ho Chi Minh City and Long Thanh International Airport by a new expressway and bridge.
Upon completion, this newly constructed dual-branded property will offer guests the options of the world-class JW Marriott, which is rooted in luxurious holistic well-being experiences and exceptional hospitality, while Four Points by Sheraton provides a perfect blend of modern details with genuine service.
Together, these distinct hotels are expected to showcase a total of 780 keys, including rooms, suites, family accommodation and apartment-style units, plus 1,800 square meters of combined meeting space. JW Marriott Hotel Saigon Can Gio is planned to feature five unique culinary venues, an Executive Lounge, an outdoor pool, and the brand’s signature Spa by JW, while plans for Four Points by Sheraton Saigon, Can Gio includes three casual dining options, and two outdoor recreation zones including a kids’ club and children’s pool.
The Ritz-Carlton, Saigon and The Ritz-Carlton Residences, Saigon
The Ritz-Carlton, Saigon and The Ritz-Carlton Residences, Saigon is slated to mark the brand’s debut in Ho Chi Minh city, top dynamic Vietnamese metropolis. Nestled in District One, the commercial heart of Ho Chi Minh City, the property anticipates featuring a 231-room hotel and a separate tower with 420 branded residences, elevating the standard of hospitality with transformative cultural, culinary and wellness experiences.
“Through our work with Marriott International, we aim to develop iconic hotels and resorts that go beyond providing world-class accommodations to become catalysts for local economic development, cultural preservation, and enhanced travel experiences for both domestic and international visitors,” commented Nelly Phuong Ta, Head of Hospitality & Entertainment, Masterise Group. “Each project will be master planned with a vision to harmoniously integrate heritage and community, aligning with the global shift toward cultural and experiential tourism. Our expansion into the hospitality and resort sector represents a strategic milestone in Masterise Group’s journey to build a fully integrated real estate ecosystem, underscoring our long-term commitment to advancing Vietnam’s position as a premier global destination.”
Marriott Internationals Growing Portfolio in Vietnam
As of Q3 2025, Marriott has 29 properties across Vietnam, spanning 12 of its extraordinary brands and a wide range of destinations, including key gateway cities, beautiful beach resorts, dynamic economic hubs, rural retreats and more.
With more than 30 exceptional properties in the pipeline, Marriott is thoughtfully expanding its presence in this emerging market, offering members and guests even more inspiring options across Vietnam. To learn more about Marriott International’s hotels and resorts in Vietnam, please visit www.marriott.com.
Masterise Group
Masterise Group (MAG), one of Vietnam’s leading real estate developers, is accelerating its evolution into a multi-industry conglomerate with strategic investments beyond its core property portfolio.
In partnership with the government, MAG is taking on a series of landmark national infrastructure projects, including the Gia Binh International Airport in Bac Ninh, Phu My 2 Bridge, and Can Gio Bridge in Ho Chi Minh City.
These developments are set to strengthen aviation capacity, enhance urban connectivity, and drive Vietnam’s long-term socio-economic growth.
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