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Hotels continue to suffer Covid-19 impacts

Hotels continue to suffer Covid-19 impacts

Vietnam’s third Covid-19 outbreak last month has exacerbated the problems of low occupancy and plunging revenues for hotels and resorts nationwide.
Hungarian magazine features Vietnamese businesswoman for success

Hungarian magazine features Vietnamese businesswoman for success

A Vietnamese immigrant, Phan Bich Thien, has appeared on the cover of a Hungarian magazine for leading her business out of a Covid-19-induced slump.
October 28, 2020 | 09:01 pm GMT+7
Quarantine services send HCMC hotel room rents soaring

Quarantine services send HCMC hotel room rents soaring

Average room rates at six designated quarantine hotels in HCMC are between 15-80 percent higher than the market average of $54.
October 28, 2020 | 06:15 pm GMT+7
No hotels, resorts sold in Vietnam amid pandemic

No hotels, resorts sold in Vietnam amid pandemic

There were no mergers and acquisitions in the hospitality industry in the first half of the year as uncertainty caused by the Covid-19 outbreak gripped it.
August 31, 2020 | 08:16 am GMT+7
Three Vietnam hotels make global best list

Three Vietnam hotels make global best list

Tripadvisor has named three hotels in Vietnam among the world's top 25 based on traveler recommendation.
July 30, 2020 | 11:34 pm GMT+7
World's first ‘gold-plated’ hotel to open in Hanoi

World's first ‘gold-plated’ hotel to open in Hanoi

A new capital hotel has covered its facade, as well as other amenities, in real gold to reel in glitzy lodgers.
June 24, 2020 | 07:50 pm GMT+7
Hotel sector proves irresistible to investors

Hotel sector proves irresistible to investors

A number of major hotel acquisitions have taken place in Vietnam this year as the tourism market continues to boom.
November 16, 2019 | 08:00 pm GMT+7
Sun Group's Bana Hills luxury honeymoon hotel wins global award Mecure Danang

Sun Group's Bana Hills luxury honeymoon hotel wins global award Mecure Danang

French Village Bana Hills was named “Asia Luxury Honeymoon Hotel” at the 2019 World Luxury Hotel Awards in Finland on October 12.
October 24, 2019 | 06:00 pm GMT+7
Da Nang orders Muong Thanh hotel to demolish illegal portions

Da Nang orders Muong Thanh hotel to demolish illegal portions

Property giant Muong Thanh has been given a year's time to demolish unlicensed portions of a hotel and apartment complex in Da Nang.
October 23, 2019 | 10:25 am GMT+7
Illegal hotel on northern highlands scenic spot to be demolished

Illegal hotel on northern highlands scenic spot to be demolished

A controversial hotel built illegally on a bend in the Ma Pi Leng Pass of Ha Giang Province will be demolished and turned into a rest stop.
October 09, 2019 | 04:47 pm GMT+7
Singapore hotel booking platform raises $70 mln to build Vietnam tech hub

Singapore hotel booking platform raises $70 mln to build Vietnam tech hub

Hotel booking platform RedDoorz has raised $70 million in a Series C funding round for setting up a tech hub in Vietnam.
August 27, 2019 | 11:11 am GMT+7
Vietnam 5-star hotels revenues rise on strong demand

Vietnam 5-star hotels revenues rise on strong demand

Five-star hotels last year reported higher revenues as room rates increased thanks to increasing demand from foreign visitors.
July 15, 2019 | 08:16 am GMT+7
Indian hotel giant OYO eyes $50 mln investment in Vietnam

Indian hotel giant OYO eyes $50 mln investment in Vietnam

India’s largest hospitality company OYO plans to invest $50 million in Vietnam, looking to benefit from the country’s tourism boom.
July 03, 2019 | 02:35 pm GMT+7
Central province okays two tourism projects worth $64 mln

Central province okays two tourism projects worth $64 mln

Quang Ngai has approved in principle two tourism projects which together cost almost VND1.49 trillion ($64 million).
June 17, 2019 | 08:04 am GMT+7
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