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Beer tycoon Duong explains the sale of the most luxurious gold-plated hotel in Hanoi, priced at 250 million USD

Công LuậnCông Luận02/03/2023


According to Mr. Nguyen Huu Duong, Chairman of the Board of Directors of Hoa Binh Group, this enterprise is preparing to offer the gold-plated hotel Dolce by Wyndham Hanoi Golden Lake in March 2023, with a starting price of 250 million USD.

Beer tycoon explains the sale of the most luxurious gold hotel in Hanoi for 250 million USD, photo 1

The most luxurious gold-plated hotel in Hanoi is about to be sold for an estimated price of about 250 million USD. (Photo: DL)

It is expected that from April 1, 2023, the hotel, which was once a unique symbol of luxury in Hanoi, will have a "new owner". Mr. Duong also revealed that there are about 10 investors, billionaires from China, India and the UAE, who are very interested in this project since before Tet. Some investors paid close to the price that this business wanted.

The reason for having to sell "Hanoi's pride", the tycoon Duong "beer" said is because the social housing project of this enterprise has not been granted a construction permit by the government, leading to the enterprise falling into a tragic situation of having to sell assets to solve liquidity.

Mr. Duong also revealed that if the social housing projects of this enterprise continue to be stuck due to administrative procedures, Hoa Binh Group may sell the Golden Hotel in Da Nang .

Beer tycoon explains the sale of the most luxurious gold hotel in Hanoi for 250 million USD, photo 2

Inside this hotel. (Photo: VNE)

It is known that Dolce by Wyndham Hanoi Golden Lake is a 6-star hotel project in the heart of Hanoi capital, praised by international media as the hotel with the most 24k gold in the world.

The hotel is invested and built by Hoa Binh Company Limited, located at B7 Giang Vo Street (Ba Dinh District, Hanoi). This is the only project in the world with exterior and interior tiles and sanitary equipment plated with 24K gold.

This hotel has a total investment of more than 100 million USD, built on a total area of 2,237.5 m2 including 4 basements and 25 floors above ground. The project was opened in early July 2020 with the goal of becoming the most luxurious hotel in the world.



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