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News | Deal Announcement

Baker McKenzie advises Trading Construction Works Organization on agreement to manage Okura Resort & Spa Phu Quoc

Baker McKenzie today announced that it had advised Trading Construction Works Organization on the agreement signed with Hotel Okura Co., Ltd., to manage the Okura Resort & Spa Phu Quoc, which will open in 2027.

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As the hospitality industry continues to recover and revitalize from the impact of COVID-19, the responses by both business and consumers have accelerated significant change.

Hotel brands are developing creative approaches to reinvigorate existing business and develop new lines of business as the world lives through the pandemic. They have announced cleanliness policies and accelerated adoption of technology to offer contactless check-ins, messaging, room service, mobile room keys and more. This response to the market change has also resulted in enhanced brand standards demonstrating commitments to sustainability, alongside online marketing and increased use of technology to enhance overall customer experience.