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New hotel supply to ease room shortage in Hanoi and Ho Chi Minh CIty

Hotel pipeline in Hanoi and Ho Chi Minh City is expected to accelerate in the next three years, helping ease supply shortage amid rising demand from international tourists, according to CBRE.

Luxstay snaps up $4.5 million from Korean investors

Local accommodation rental startup Luxstay has now secured a $4.5-million bridge loan from Korean-backed GS Home Shopping (GS Shop) and BonAngels.

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