HCM CITY — Fusion Hotel Group, a leading wellness-inspired hospitality brand and management company, has been acquired by Suchad Chiaranussati, founder and chairman of SC Capital Partners, as well as the owner of Hotel Management Japan (HMJ) and Indonesian hotel operator Topotels Hotels & Resorts (Topotels). 

This acquisition marks a significant milestone for Fusion as it embarks on the next phase of growth, drawing upon HMJ and Topotels, and benefiting from SC Capital Partners’ deep sector expertise and established investment management platform.

Founded in 2008, Fusion Hotel Group cuurently has 18 operating properties focusing on wellness and lifestyle concepts, and approximately 3,000 keys across Vietnam and Thailand, with a secured pipeline of over 2,000 keys.

Fusion has also developed and operated branded residences, a rapidly growing segment in Asia Pacific.

Together, Fusion, HMJ and Topotels will comprise approximately 16,000 keys across four key growth markets, supported by a team of over 100 hospitality professionals, providing a strong pan-Asian offering.

Suchad Chiaranussati said: “Fusion offers a meaningful presence in Vietnam- one of the region’s fastest-growing and high-barrier-to-entry hospitality markets.”

Christopher Hur, CEO of Fusion Hotel Group, said: “This partnership allows us to accelerate our growth across Asia, leverage shared focus areas of technology and marketing and distribution, and invest further in brand development and talent – strengthening our mission to deliver exceptional hospitality experiences.”

SC Capital Partners brings more than 20 years of hospitality investment and asset management experience across Asia Pacific and is the sponsor of Japan Hotel REIT Advisors, which manages the largest listed hotel REIT in Japan by hotel value. — BIZHUB/VNS