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Vietnam hotel industry
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Property consultancy Knight Frank wants construction of beachfront hotels stopped
Developers should stop building new beachfront hotels as there is a risk of oversupply and 20 million four- and five-star rooms are vacant annually, property consultancy Knight Frank said.
No new 3-star hotels to come up in Hanoi: Savills
Hanoi is unlikely to add three-star hotels in the next three years as tourists prefer to stay at places with higher ratings, property consultancy Savills Hanoi said in a report.
Hotel industry to grow by $2 bln by 2026: US market research firm
The Vietnamese hospitality market will grow by US$2.12 billion from 2021-2026, U.S. market research and advisory company Technavio has forecast.
August 19, 2022 | 12:53 am PT
