Vietnam-based Novaland cooperates with Minor Hotels Group and Greg Norman Golf Course Design

Vietnam-based Novaland Corporation signed a strategic cooperation agreement with Minor Hotels Group in which Minor will become the operator of seven hotels and resorts developed by Novaland with a total of more than 3,500 keys, including three Avani-branded resorts, Tivoli Vung Tau Resort & Spa, Oaks resorts in Phan Thiet and Cam Ranh, and Nova Hills Villas.

At the same time, Novaland also signed an agreement with Greg Norman Golf Course Design to develop four Greg Norman world-class golf courses at Novaland's integrated resort complexes in the provinces of Can Tho, Ba Ria - Vung Tau, and Phan Thiet - Binh Thuan with the total value of US $100 million. These two agreements are part of Novaland's strategy to expand its leisure properties in major provinces that have enormous potential for tourism, including Can Tho, Ho Chi Minh City, Ba Ria - Vung Tau, Phan Thiet - Binh Thuan, Cam Ranh - Khanh Hoa, and Da Lat.