Fusion Hotel Group, a hospitality brand and management company based in Ho Chi Minh City, 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.
The acquisition marks a milestone for Fusion as it enters the next phase of growth, drawing upon HMJ and Topotels and benefiting from SC Capital Partners’ investment management platform, said a release.
Founded in 2008, Fusion Hotel Group operates 18 properties and approximately 3,000 keys across Vietnam and Thailand, with a pipeline of over 2,000 keys. Fusion provides hospitality capabilities including concept development, brand creation and hotel operations. In addition to hotel management, Fusion has developed and operated branded residences in Asia Pacific.
Together, Fusion, HMJ and Topotels will comprise approximately 16,000 keys across four markets, supported by a team of over 100 hospitality professionals.
“Investment in Fusion reflects our long-term strategy to expand our hospitality footprint across Asia,” said Suchad Chiaranussati, Chairman and Founder of SC Capital Partners, Owner of HMJ and Topotels Hotels & Resorts.
“Fusion offers a meaningful presence in Vietnam—one of the region’s fastest-growing and high-barrier-to-entry hospitality markets. It reinforces our conviction that strong operating platforms are increasingly essential to successful real estate investing. We’re excited to integrate Fusion with our leading teams in Japan and other markets as we build a top-tier pan-Asian hotel management business.”
“Joining Mr. Chiaranussati’s hospitality ecosystem opens up tremendous opportunities for Fusion,” said Christopher Hur, CEO of Fusion Hotel Group.
“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.”
