04:58 | 17/07/2020
Hotel occupancy and prices in Saigon dropped in the first six months of the year as the Covid-19 pandemic kept international flights grounded.
04:58 | 17/07/2020
78 percent of four- and five-star hotels and resorts across Vietnam have recommenced operations following months of closure due to the new coronavirus.
04:58 | 17/07/2020
A massive drop in international tourists arrivals saw Q1 revenues of Hanoi’s three to five star hotels fall 49 percent year-on-year.
04:58 | 17/07/2020
The Hoang Dong Hotel - Golf course project with an investment of more than VND 1,400 billion, invested by Lang Son International Joint Venture Company, has been checked on progress by the leaders of Lang Son Province. The project was granted the 4th amended investment certificate by Lang Son Department of Planning and Investment on May 8, 2018. Accordingly, the first phase of resettlement area and golf course should have been commenced in June 2018 and the construction of a 5-star hotel under the project should have been started in October 2018. However, as reflected by the press, by mid-December 2018, the investment items of this project have not been started yet. Based on the preogress investigation, the leaders of Lang Son province confirmed that they will not extend this project. If by the end of 2020, the project items are not completed and put into use according to the approved schedule, they will resolutely handle as prescribed by the law.
04:58 | 17/07/2020
Hotel room supply in HCM City in the third quarter of the year was down 4 per cent year-on-year to 15,800 rooms at 127 hotels, according to Savills Vietnam’s 3rd Quarter Market Briefing.
04:58 | 17/07/2020
Average hotel occupancy rate in Ho Chi Minh City reached 74 percent in the first quarter, increasing by 6 percentage points from the same period last year.
04:58 | 17/07/2020
With a 30 percent growth rate in the number of travelers, building or buying hotels promises big profits for investors, including capsule hotels, which have opened in HCMC and other tourism cities.
04:58 | 17/07/2020
Average occupancy of five-star hotels was up four percentage points quarter-on-quarter (QoQ) and 10 percentage points year-on-year (YoY) to 74 per cent.
04:58 | 17/07/2020
MICE tourist arrivals to HCMC have recently soared, causing concerns among travel firms over possible shortages of hotel rooms and conference hall space.
04:58 | 17/07/2020
Latest Savills report notes that Vietnam's hospitality market will benefit greatly from growing tourist numbers.
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