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condotels

Booming condotel inventory puts hotel occupancy under pressure

The rapid growth of Airbnb and condotels is posing significant challenges to traditional hotel business in Vietnam.

Experts reveal ways to increase value of resort real estate in Vietnam

Just building large rooms or lobbies no longer delivers a sustainable competitive advantage and guest satisfaction for condotel projects, according to the leading real estate consultancy firm Savills Vietnam.

Vietnam's real estate market expects exciting year

After a fruitful year with the booming of the hotel and office sectors, Vietnam's real estate market is expected to be more robust with the presence of integrated resorts.

‘Tel’ properties need legal clarity

The emerging trend of “condotels” and “officetels” (condominiums and offices treated as hotels) as attractive investment options in the country requires that the legality of such properties are clarified urgently, experts say.

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