Mercure Hanoi La Gare

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Overview

Type: 
Hotel
Land area: 
660 sqm
Unit area: 
0 sqm
GFA: 
4,861 sqm
NLA: 
0 sqm
Hits: 
1,432
General Information
· Seller: VinaCapital
· Developer: F.I.T Group
· Street no: 94 · Street: Ly Thuong Kiet · Ward: Cua Nam · District: Hoàn Kiếm · City: Hanoi
· Project (GFA): 4,861 sqm

All areas are approximate and as reported.

Property Notes

General description:

Mecure La Gare is a central city hotel and is within the Old Quarter. 4-star hotel comprising 102 rooms. The site area is about 660 sqm with a total built-up area (GFA) of 4,861 sqm.

Legal/ developer overview:

10 Years Remaining on Land Lease at Date of Sale Q4 2013.

Merger & acquisition &/or sale:

The seller and buyer was reported to be Indochina Capital to a local entity (unknown at this time). The transaction occurred in 2013. Refer to subscription data for more details.  

Marketing, leasing or asking price:

Q4 2018 the daily room rates: Standard Double or Twin Room 25 sqm) US$110. Standard Queen Room (25 sqm) US$110. Superior Queen Room (27 sqm) prices at US$127. Deluxe Queen Room (37 sqm) US$145. Superior Queen Room (27 sqm) US$158. Deluxe Queen Room (37 sqm) at US$176. All prices above are per night and inclusive VAT.

In the beginning Q4 2019:(Total price for one night and including Tax and Fees)

Standard 1 Queen-size Bed (20-22sqm) price was from US$81 to US$105.5.

Standard 2 Single-size beds or 1 Queen-size bed (20-22sqm) price was from US$88 to US$112.

Superior room Queen-size bed (27sqm) price was from US$105 to US$128.

Deluxe 1 Queen-size bed and 1 sofa bed (35sqm) price was about US$150.

Sale & evidence history

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General amenities

  • Bus station
  • Entertainment centre
  • Hospital
  • Local People's Committee
  • Modern retail complex
  • Museum
  • Parkland
  • School
  • Sporting complex
  • Supermarket/Minimart
  • Traditional market
  • Train station
  • University

Facilities

  • Bar (general)
  • Business centre
  • Cafe
  • Concierge
  • Conference centre
  • Lifts
  • Meeting room
  • Pro shop
  • Reception/ concierge
  • Restaurant
  • Spa

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