Monday, 12:22, 10/04/2023

Struck off Crimson Star Development Pte Ltd on 8 August 2022 and recently newly incorporated Crimson (Malaysia) Sdn Bhd on 25 January 2023. Principle activities on Investment Holdings and Properties Development. My hunch tell me it could be some Hotel Development in KL or other tourist destination like Malacca.

For AP Land Company Limited (Vietnam), very likely for incorporated to Oversee & Manage the Construction of New Hotel in Vietnam.

Eagerly looking forward to the maiden Revenue from Hoi An Bay Resort & Bay Hotel Danang. Any other new development will be Icing on the Cake!

 

 

International tourist arrivals to Vietnam reached nearly 2.7 million in the first quarter of 2023, a 29.7-fold increase compared to the same period last year, according to the General Statistics Office (GSO).

 

By DA NANG Today / DA NANG Today

April 11, 2023, 10:05 [GMT+7]

According to the Da Nang Department of Tourism, in the first quarter of 2023, the total number of visitors served by tourist accommodation establishments was estimated at 1.4 million, an increase of more than 4.6 times from the same period in 2022. Of this, international visitor numbers reached 391,600, 62 times higher than the same period last year whilst domestic visitor numbers stood at more than 1.03 million arrivals, 3.4 times higher than the year-ago period.

International tourists arrive in Da Nang by air. Photo: THU HA

The accommodation, catering and travel revenue was estimated at VND 5,897 billion, up 1.9 times over the same period last year. In particular, travel revenue was recorded at more than VND 691.4 billion, up 6.3 times over the same period last year and up 29% over the same period in 2019.

Also in the first quarter, Da Nang welcomed 9 cruise ships carrying a combined total of 7,300 guests docked at the Tien Sa Port. A total of 16 regular international flight routes operated by 20 airlines, with an estimated frequency of more than 280 flights per week (average of 40 flights per day) brought more than 560,000 international tourists to the city.

 

A true destination for both business and leisure travelers, the 31-storey Bay Capital Danang hotel features 284 luxuriously-appointed guestrooms and suites, an Italian-inspired lobby lounge, an outdoor swimming pool, a state-of-the-art fitness center, an exclusive Executive Lounge, personalized treatments at Breathe spa, and a unique Rooftop Bar offering breathtaking views. Guests are invited to embark on an exciting culinary voyage at the hotel' s all-day-dining restaurant Cloves. From elegant social events to corporate gatherings, from weddings to non-profit galas, guests will surely enjoy the uncompromising attention to detail and exceptional personal service at the hotel' s Ballroom and meeting rooms.
 

Bay Hotels & Resorts

Bay Hotels & Resorts is  an independent hotel group with massive expansion plans in the pipeline.  The group made its debut by opening Bay Hotel Singapore back in 2012. It was then the largest executive boutique hotel near Sentosa. With remarkable results, the second property was opened in the bustling District 1 of Ho Chi Minh City, Vietnam.

In 2023, the group is going to open two new properties in Danang (Bay Capital Danang) and Hoi An (Bay Resort Hoi An).