Marriott International has signed an agreement with Masterise Homes to develop a dual-branded residential and officetel project in Ho Chi Minh City.
The deal illustrated the growing enthusiasm for branded residences in the sector.
The site was due to open in 2024.
Savills reported that the agreement marked the largest hotel-branded residential project announced to date worldwide, with close to 4,200 residential and officetel units. The project was anticipated to include branded units from two