MGM Mirage and ACD to develop spa resort in Vietnam
MGM Mirage Hospitality and Asian Coast Development (ACD) are to collaborate on the creation of a luxury integrated resort and spa complex in Vietnam.
The MGM Grand Ho Tram is expected to open in 2011 and will anchor the US$4.2bn (E3.2bn, £2.73bn) multi-property Ho Tram Strip complex being developed by ACD along the beaches of the South China Sea. The project will be owned and financed by ACD and managed by MGM Mirage. Details: mgmmirage.com
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