Dream Hotel Group Announces Expansion Into Vietnam

NEW YORK, N.Y.—Hotel brand and management company Dream Hotel Group signed its first hotel in Vietnam with locally owned Beegreen Group to develop Dream Oceanami Villas & Spa in Long Hai, Ba Ria-Vung Tau Province, the country’s top tourist destination.

Set to open in June 2017, Dream Oceanami Villas & Spa will be the first of four new resort hotels developed by Beegreen Group and managed by Dream Hotel Group in Vietnam over the next two years. Future locations include Vung Tau City, Hoi An, Ho Tram, and Con Dao.

“We are thrilled to see the Dream brand of hospitality resonate so widely abroad,” said Dream Hotel Group CEO Jay Stein. “With 11 new hotels on the horizon, Dream boasts the strongest portfolio ever in its 12-year history, and the opening of Dream Oceanami Villas & Spa, the first of four new properties in Vietnam, marks another key milestone in our continued growth and evolution.”

The 347-villa resort destination, featuring eight dining and nightlife venues, including its signature Dream Beach Club fronting the South China Sea on a one-kilometer stretch of pristine beach in Ba Ria-Vung Tau Province, is the first Vietnam development for the brand and a pivotal step in the group’s global expansion strategy. Joining Dream Phuket Hotel & Spa and Dream Bangkok in Thailand, Dream Oceanami Villas & Spa marks the third Asia-Pacific property for the group.


Dream Hotel Group plans to open more than 30 hotels and resorts in Asia over the next four years across all its hotel brands—Dream, Time, The Chatwal, and Unscripted.

Earlier this year, Dream Hotel Group announced $1.5 billion in new hotel development for the Dream Hotels brand, including Doha in Qatar, the company’s first foray into the Middle East, and five other U.S. locations, all with independent hotel development partners. Future U.S. locations include Nashville, Dallas, Palm Springs, and two additional New York properties in Times Square and Long Island City.

The news follows that of the David Rockwell-designed Dream Hollywood opening in January 2017, and the first location of Dream Hotel Group’s new Unscripted brand, set to open in Durham, N.C., in May 2017.

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