This move aims to diversify its offerings and solidify its position in Asia’s premium travel and gaming market.

Phase II Core: A $1 Billion Multi-Sector Expansion

The second phase focuses on four key areas:

• MICE Tourism: Construction of a multi-functional international convention center seating 2,500 people.
• Luxury Accommodation: Over 1,000 new five-star hotel rooms to enhance capacity.
• Retail & Entertainment: A family-friendly complex designed to cater to all age groups.
• Premium Golf: A second international golf course accompanied by a certified golf academy.

Development Roadmap: Foundation for a $4 Billion Vision

The entire project is planned across seven phases with a total investment of $4 billion, targeting full completion by 2029. Phase I, a $1.2 billion investment, opened in 2021 and has maintained stable operations despite pandemic challenges. Currently, it features four five-star hotels and a casino equipped with 140 tables and over 270 electronic gaming machines, providing a solid foundation for further growth.

Market Drivers: Central Vietnam's Tourism Surge

The expansion is fueled by the robust performance of the region's tourism. In 2025, Da Nang and surrounding areas welcomed 17 million visitors, with international arrivals growing by 25%. Proximity to UNESCO World Heritage sites like Hoi An and convenient international flight access has ensured a steady stream of high-end clientele.

Economic Impact: Jobs and Revenue Growth

This expansion will deliver significant local economic benefits. Phase II is expected to create 2,000 new jobs. In terms of fiscal contribution, annual tax payments are projected to reach 2 trillion VND (approx. $76.1 million), doubling the resort's 2025 tax contribution.