Regal To Build Largest 5-Star Hotel In Laos
The US$100 million hotel is a joint investment between the Ministry of National Defense, which will hold a 25 percent shareholding and the Regal Global Investment Development Group. The project contract is for a period of 99 years and the hotel will replace the existing Rasavong Hotel at km5 area in Xaysettha district.
According to the group, the hotel will consist of 350 rooms, including 20 VIP rooms and 30 suite rooms, on a total area of 120,000 square meters.
The hotel will also contain a shopping complex, as well as restaurants, entertainment facilities and a cinema.