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 InterContinental Hotels Group has signed a 
			  management agreement with Minh Dong Travel, a member of PGT Group, to open a second 
			  Crowne Plaza hotel in Danang. Scheduled to open in 2023, the 300-room, 38-storey 
			  Crowne Plaza Danang Waterfront will be located next to the beachfront on the 
			  city’s main thoroughfare Vo Nguyen Giap street, only a five-minute 
			  drive to central Danang and 5km from Danang International Airport. The hotel will feature 1,500 square metres of 
			  dedicated event space, a 
			  rooftop infinity pool, three restaurants, a gym 
			  and a spa.   Mr. Le Anh Trieu, Chairman of PGT Group, 
			  said, “As we expand further into commercial real estate 
			  ownership, it’s fantastic to partner with IHG and benefit from 
			  both their strong local presence in Vietnam and their global scale 
			  and systems. We instinctively knew that the Crowne Plaza brand 
			  was the right match for what we were trying to achieve in our 
			  mixed-use development close to My Khe Beach. The upscale brand’s 
			  business and meetings focus will be an ideal complement to the 
			  range of stylish, high-end apartments.” IHG has been in Vietnam for over a decade and has 
			  14 hotels operating under four brands: Six Senses, 
			  InterContinental, Crowne Plaza, and Holiday Inn, with another 17 
			  in a pipeline which includes brand entries for Regent and Hotel 
			  Indigo. Serena Lim, Vice President, Development for IHG, 
			  South East Asia & Korea, said, “We are always looking to the future with the 
			  Crowne Plaza brand and focusing on how we can support our guests 
			  by providing them with a more digital, flexible, mobile and 
			  connected environment in which to work, meet and relax, and I am 
			  delighted to have PGT Group join us on this journey.” 
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