Tokyo-based JAL Hotels Co., Ltd. will open the five-star Hotel Nikko Saigon in mid-December 2011 as the second Nikko property in Vietnam, a company source said.

After three years’ construction, the Nikko Saigon has been built in a large, newly developed commercial complex, Royal Centre Project, on Nguyen Van Cu Street in Ho Chi Minh City’s District 1.
The property has 334 rooms, suites and 53 serviced apartments in a 23-story building next to the Now Zone fashion mall, the hotel source said.
Facilities will include restaurants with Japanese, Chinese and other cuisines, banquet rooms, a business center, a spa, a pool and a fitness club. The hotel will cater to both business and leisure travelers.
The hotel is set to come into operation on December 18.
Taiwan-based Fei Yueh Co. is the investor of the Royal Centre Project.
JAL Hotels Co., Ltd., a subsidiary of Japan Airlines, opened the Hotel Nikko Hanoi in the Vietnamese capital in 1998.
The Ho Chi Minh City hotel market currently has around 10,000 rooms of three- to five-star classes, with almost three-fourths in District 1. The five-star hotels include Sheraton, Sofitel Plaza, Caravelle, Park Hyatt, Rex, New World, Equatorial, Mövenpick, Windsor Plaza and so on.