Two hotels in Vietnam — PARKROYAL Saigon and Hotel Perle D’Orient Cat Ba — have been sold in separate transactions totaling $53.7 million, as Vietnam’s hospitality investment market continues to gain momentum. JLL Hotels & Hospitality Group advised on both deals, which are part of a broader surge in activity expected to push the market to a record $200 million in transaction volume in 2026.
PARKROYAL Saigon, with 186 keys, was sold by Singapore-based UOL Group Limited to a domestic investor. Hotel Perle D’Orient Cat Ba was sold by domestic investors to a consortium of international investors. The combined transaction volume of both deals reached $53.7 million. The transactions are part of a broader surge in Vietnamese hotel investment activity, with JLL forecasting the market to reach $200 million in transaction volume for 2026. This milestone positions Vietnam as an increasingly prominent destination on the Southeast Asian hospitality investment landscape.
