
Starwood Hotels and Resorts Worldwide, Inc is expected to manage Le Meridien Saigon hotel, located along Ton Duc Thang Street in Ho Chi Minh City, Vietnam.
The US$120 million hotel with an area of around 3,235 square metres is likely to feature 357 rooms and approximately 14,000 square metres of office space for lease.
Scheduled to be completed in the second quarter of 2011, the 23-storey hotel is expected to be built in accordance to five-star standards.
www.hvs.com