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The History and Future of Ho Tram & Lifestyle and Investment Consideration Ho Tram is a 14 kilometer stretch of shoreline bookended by the River Ray and the Binh Chau Nature Reserve. Within a 2-hour drive from Ho Chi Minh City, Ho Tram offers the convenience of getting into your car and traveling at your own schedule. Ho Tram’s tropical beaches and pristine countryside are bathed in all-year-round pleasant climate, allowing you to fully enjoy your luxury lifestyle vacation home. In recent years, the regional authorities have invested in the proper road, electrical and sanitary infrastructure for the area. This will ensure sustainable growth, scalability and cleanliness as Ho Tram develops into one of the prized destination for second home ownership. Due to the limited amount of beachfront land remaining, the supply of premier beachfront resort property in Ho Tram will decrease as the area develops, boosting capital appreciation and yield for early investors. Over 20 million tourists travel by road each year to other vacation areas in southern Vietnamsome locations are up to 5 hours away from Ho Chi Minh City and other low- end areas do not deliver the luxury resort experience. With Vietnam’s economic growth, the population has become more affluent and demanding for high-quality, luxury vacation destinations. Ho Tram provides that destination. True beachfront resorts with unobstructed access to the beautiful beaches and the convenient location establishes Ho Tram as one of the premier vacation destinations in Vietnam. When the future Long Thanh International Airport is completed, Ho Tram will also become a major fly-in destination for both international and domestic tourists. The recent addition of a world-class golf course and a full-service casino have put Ho Tram on the international map. Future addition of a second golf course will make Ho Tram a golf destination to rival any in Southeast Asia.

The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

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Page 1: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

The History and Future of Ho Tram

& Lifestyle and Investment Consideration

Ho Tram is a 14 kilometer stretch of shoreline bookended by the River Ray and the Binh

Chau Nature Reserve. Within a 2-hour drive from Ho Chi Minh City, Ho Tram offers the

convenience of getting into your car and traveling at your own schedule. Ho Tram’s tropical

beaches and pristine countryside are bathed in all-year-round pleasant climate, allowing

you to fully enjoy your luxury lifestyle vacation home.

In recent years, the regional authorities have invested in the proper road, electrical and

sanitary infrastructure for the area. This will ensure sustainable growth, scalability and

cleanliness as Ho Tram develops into one of the prized destination for second home

ownership.

Due to the limited amount of beachfront land remaining, the supply of premier beachfront

resort property in Ho Tram will decrease as the area develops, boosting capital

appreciation and yield for early investors.

Over 20 million tourists travel by road each year to other vacation areas in southern

Vietnam—some locations are up to 5 hours away from Ho Chi Minh City and other low-

end areas do not deliver the luxury resort experience. With Vietnam’s economic growth,

the population has become more affluent and demanding for high-quality, luxury vacation

destinations.

Ho Tram provides that destination. True beachfront resorts with unobstructed access to

the beautiful beaches and the convenient location establishes Ho Tram as one of the

premier vacation destinations in Vietnam.

When the future Long Thanh International Airport is completed, Ho Tram will also become

a major fly-in destination for both international and domestic tourists.

The recent addition of a world-class golf course and a full-service casino have put Ho Tram

on the international map. Future addition of a second golf course will make Ho Tram a golf

destination to rival any in Southeast Asia.

Page 2: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

Timeline

Before 2005, the drive from Ho Chi Minh City to Ho Tram took over 4 hours, due to aging

highway infrastructure. The main stretch of Ho Tram remained untouched because basic

infrastructure to access the area, such as roads and electricity were not built. In 2006,

roads and bridges were completed; making the Ho Tram area accessible and word of the

beautiful wide beaches began to spread.

Before 2005: Lack of Infrastructure

From 2005-2010, after infrastructure was completed, small resorts were gradually built.

The area had inventory of less than 500 rooms, most of which were 2-star to 3-star.

Page 3: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

2010: Smaller Resorts are Built

In 2010, the Sanctuary development was completed, adding 28 up-scale villas to the area,

and introducing Ho Tram as the promised resort destination for Southern Vietnam. In the

same year, the 5-star resort-casino Grand Ho Tram began construction.

From 2010 to 2015, Ho Tram developed rapidly. Within this 5-year period, four 4-star to 5-

star resorts—the Ho Tram Osaka/Beach Resort, The Grand Ho Tram, Carmelina and

Vietsovpetro—opened, increasing the total inventory of Ho Tram by about 1,000 rooms for

a total of 1,500 rooms, and thereby accelerating the growth in the number of visitors to the

area.

Page 4: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

2014-2015: Golf Destination

In 2014, the opening of the Bluffs Golf Course, designed by Greg Norman, and the planning of a

second gold course in the area transformed Ho Tram into a premier golf destination in Southern

Vietnam.

Also that year, the aging National Route No. 51 was expanded and the Ho Chi Minh City – Long

Thanh – Dau Giay expressway was completed. The travel time from Ho Chi Minh City to Ho Tram

was reduced to less than 2 hours, making Ho Tram an ideal luxury destination for weekend

getaways and weekday corporate events.

In 2015, The Bluffs was host to the inaugural Ho Tram Open, an Asian Tour sanctioned event with

the largest purse in ASEAN. Famous golfer Sergio Garcia was the 2015 Champion of The Ho Tram

Open. This was the first of many international tournaments to come to Ho Tram.

In 2014, the opening of the Bluffs Golf Course, designed by Greg Norman, and the

planning of a second gold course in the area transformed Ho Tram into a premier golf

destination in Southern Vietnam.

Also that year, the aging National Route No. 51 was expanded and the Ho Chi Minh City

– Long Thanh – Dau Giay expressway was completed. The travel time from Ho Chi Minh

City to Ho Tram was reduced to less than 2 hours, making Ho Tram an ideal luxury

destination for weekend getaways and weekday corporate events.

In 2015, The Bluffs was host to the inaugural Ho Tram Open, an Asian Tour sanctioned

event with the largest purse in ASEAN. Famous golfer Sergio Garcia was the 2015

Champion of The Ho Tram Open. This was the first of many international tournaments to

come to Ho Tram.

3 resorts

1 to 2-Star 90 Rooms

Opened 2007-2009

The Sanctuary

5-Star 28 Villas

Opened 2010

Ho Tram Osaka

4-Star 68 Rooms

Vietsovpetro 4-Star 182 Rooms Opened 12/2012

3 resorts 2 to 4-Star 150 Rooms

Opened 2007-2009

Carmelina

4-Star 142 Rooms

Opened 2012

The Grand Casino 5-Star 546 Rooms

Opened 7/2013

The Bluff

Golf Course

New golf course

2010: 500 rooms

2015: 1,500 rooms

A golf destination with 2 courses

8 large restaurants

in past year

Page 5: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

2016 and Future: A Premier Vacation and Second Home Destination

The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next few years. Three new developments including the Hamptons Ho Tram and two existing resorts will introduce new inventory to the market by 2019:

Melia Ho Tram at The Hamptons, 256 rooms, c. 2018

Sanctuary Phase 2, 300 rooms, c. 2019

The Grand Ho Tram Casino – Phase 2, 540 rooms, c. 2017

Ngan Hiep Project, 300 rooms planned

MOU with Club Med, announced

Paramita, 84 rooms

Because the amount of beachfront land remaining is limited, the supply of premier

beachfront resort property in Ho Tram will decrease as the area develops, boosting capital

appreciation and yield for early investors. Nearly 7 out of 14 kilometers of shoreline has

been developed, already reducing the availability of prime beachfront land by 50%.

10 new restaurants have also begun operations along the main stretch of Ho Tram since

the beginning of 2015.

3 resorts

1 to 2-Star 90 Rooms

Opened 2007-2009

The Sanctuary

5-Star 28 Villas

Opened 2010

Ho Tram Beach

4-Star 68 Rooms

Vietsovpetro

4-Star 182 Rooms

Opened 12/2012

3 resorts 2 to 4-Star 150 Rooms

Opened 2007-2009

Carmelina

4-Star 142 Rooms

Opened 2012

The Grand Casino 5-Star 546 Rooms

Opened 7/2013

The Bluff

Golf Course

New golf course

Melia Ho Tram at The Hamptons (2018) 300 rms

Ngan Hiep (planned) 300 rms

Club Med planned Casino Phase 2 (2016/17) – 540 rms

Sanctuary Phase 2 (2018/19) 300 rms

2010: 500 rooms

2015: 1,500 rooms

A golf destination with 2 courses

8 large restaurants in

past year

Page 6: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

Growth in Resorts and Rooms

Significant Growth in Resorts in Ho Tram and Adjacent Areas

The regional authorities have invested in the proper road, electrical and sanitary

infrastructure for the area. This will ensure sustainable growth, scalability and cleanliness

as Ho Tram develops into one of the premier vacation and second home destinations in

Vietnam.

0

500

1,000

1,500

2,000

2,500

3,000Melia Ho Tram at The Hamptons(5-star)

Grand Phase 2 ( 5-star)

Sanctuary Phase 2 (5-star)

New Projects (4- & 5-star)

Grand (5-star)

Vietsopetro (4-star)

Carmelina (4-star)

Page 7: The History and Future of Ho Tram Lifestyle and Investment ... · The Ho Tram area is poised to develop into the main luxury resort vacation destination in South Vietnam in the next

Domestic Tourism Growth

The growth in domestic tourism in Vietnam has been explosive in recent years. Over 20

million tourists travel by road each year to existing vacation areas in southern Vietnam—

some locations are up to 5 hours away and others are low-end areas that do not provide

a true high-end resort experience. As Vietnam’s economic growth expands, the population

has become more affluent and demanding for luxury and quality vacation destinations.

Ho Tram provides that destination. The broad and beautiful beaches with true

unobstructed beach access, gorgeous countryside and the convenient location from Ho

Chi Minh City will establish Ho Tram as the one of the prized vacation destinations in

Vietnam.

Beach Town

Total Rooms

Annual Tourists

(millions)

Assume % of tourists visit Ho

Tram

Tourists to Ho

Tram

Da Nang 11,500 4.6 10% 460,000

Nha Trang 15,000 4.1 10% 410,000

Phan Thiet 6,800 4.3 20% 960,000

Ba Ria - Vung Tau 7,900 17.0 10% 1,700,000

3,530,000

Ho Tram will need to build 8,000 rooms to meet potential demand in the longer term.

With the completion of the future Long Thanh International Airport, Ho Tram will also

become a major fly-in destination for both international and domestic tourists.

The recent additions of a world-class championship golf course and a full service casino

have put Ho Tram on the international map. Future additions of a second golf course will

make Ho Tram a golf destination to rival any in Southeast Asia.

Come be a part of Vietnam’s Ultimate Luxury Beachfront Resort