Absolute Hotel Services Signs Management Agreement for the First Absolute Collection Property in Vietnam

Travel News Thursday October 20, 2022 09:56 —PRESS RELEASE LOCAL

Absolute Hotel Services Signs Management Agreement for the First Absolute Collection Property in Vietnam

Absolute Hotel Services Group is delighted to announce the first Absolute Collection property in Vietnam with the signing of Lamia Bao Loc Resort, A member of Absolute Collection, located in Loc Chau in Lam ??ng Province in the Central Highlands region of Vietnam. The management agreement was signed by Jonathan Wigley, CEO of the Absolute Hotel Services group and Mr Nguyen Quoc Van, Deputy General Director - Operations & Vice Chairman of the Eras Da Lat Investment Joint Stock Company. AHS are proud to partner with the Eras Da Lat Investment Joint Stock Company for this development, which is set to open in 2025.

Lamia Bao Loc Resort, A member of Absolute Collection, will offer guests and residents a pristine and authentic Central Highlands experience with a unique service culture crafted by Absolute Hotel Services. The 100-room hotel is a 4-hour drive from Ho Chi Minh City or 2 hours from Dalat and will feature a signature restaurant, swimming pool and fully equipped gym.

"The signing and arrival of Lamia Bao Loc Resort mark another important milestone in our expansion, especially in Vietnam. We plan to add more properties to our Absolute Collection portfolio in Vietnam before the end of 2022, to join those in Thailand and Indonesia" said Jonathan Wigley.

Absolute Hotel Services offers unique individual properties under the Absolute Collection with project management guidance and development services. Through proven innovative practices, manages day-to-day hotel operations to best elevate the performance to deliver memorable guest experiences and positive results for owners and investors under their name.

Absolute Collection focuses on delivering curated local experiences and celebrating the cultures and cities in which our hotels and resorts reside. Our passion for exceeding expectations ensures that all properties in our diversified portfolio perform to their full potential. Absolute Collection hotels and resorts are divided into Design, Relax and Dynamic. Being part of Absolute Collection includes flexibility in commercial terms, international standards of operations and distribution, direct access to the core management team and faster decision-making processes, which helps drive owner returns on investment and adds more value to the asset.

About Absolute Hotel Services (AHS) www.absolutehotelservices.net

AHS is one of Asia's fastest-growing hospitality management and branding companies, with an ever-expanding geographic portfolio of hotels, resorts, and serviced residences.

Headquartered in Bangkok, Thailand, with regional offices in Vietnam, Indonesia, Hong Kong, India and now Europe with more expansions planned, AHS and its brands have resonated with investors and consumers, contributing value to all stakeholders.

It covers the luxury to economy segments through its brands U Hotels & Resorts, Eastin Grand Hotels & Resorts, Eastin Hotels, Resorts & Residences, Eastin Easy, Eastin Estates, Travelodge, Vienna House, and Absolute Collection. AHS is also interested in the golf industry through Absolute Golf Services and is the exclusive operator of the Travelodge brand in Thailand through Travelodge Thailand and the Vienna House brand under Vienna House Asia. AHS has developed and continues to evolve relevant hospitality solutions which work.

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