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SC Capital Partners founder buys Vietnam's Fusion Hotel Group

Atiqah Mokhtar

/ EdgeProp Singapore

March 18, 2026 10:10 AM SGT

propertyeditor@edgeprop.sg

propertyeditor@edgeprop.sg

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Suchad Chiaranussati, founder of SC Capital Partners (right), with Christopher Hur, CEO of Fusion Hotel Group (Picture: SC Capital Partners)

Suchad Chiaranussati, founder of SC Capital Partners (right), with Christopher Hur, CEO of Fusion Hotel Group (Picture: SC Capital Partners)

Summary

SC Capital Partners founder Suchad Chiaranussati acquired Vietnam’s Fusion Hotel Group, which operates 18 properties with 3,000 keys, signalling a strategic push into hospitality scale.
By integrating Fusion’s assets with Hotel Management Japan and Topotels, the new pan-Asian platform will command 16,000 keys across four markets, underscoring regional expansion ambitions.
Christopher Hur, recently appointed as SC Capital’s managing director for investments, now leads Fusion Hotel Group, aligning leadership with the group’s mandate to grow hospitality and living sectors.

AI generated

Suchad Chiaranussati, founder and chairman of Singapore-based SC Capital Partners, has acquired Fusion Hotel Group, a hospitality brand and management company based in Ho Chi Minh City, Vietnam. Fusion has 18 properties with approximately 3,000 keys across Vietnam and Thailand, along with a pipeline of another 2,000 keys, SC Capital Partners announced in a March 17 press release.

Chiaranussati acquired Fusion together with Japanese hotel operator Hotel Management Japan (HMJ) and Indonesia’s Topotels Hotels & Resorts, which he also owns.

The CEO of Fusion Hotel Group is Christopher Hur. Earlier this year, SC Capital Partners had appointed Hur as its managing director for investments, with a mandate to grow the company's hospitality and living sectors.

Read also: LaSalle buys office building in Shinjuku; SC Capital acquires 206-room hotel

With the acquisition, SC Capital Partners says it is eyeing to build a new pan-Asian hospitality management platform that combines properties across Fusion, HMJ and Topotels. “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,” adds Chiaranussati.

Together, Fusion, HMJ and Topotels have 16,000 keys across four markets: Japan, Indonesia, Vietnam and Thailand.

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