The average occupancy rate of Danang hotel market was 73 per cent in the second half of last year, with five-star hotels being the highest performer overall, according to Savills Vietnam.
The project named Pullman Harbor City Van Don is in the Sonasea Harbor City Van Don complex with more than 1,000 hotel rooms on an area of roughly 13 hectares.
Vinpearl Discovery Nha Trang Empire Condotel opened on March 26 is Vingroup’s 18th hotel in the chain of Vinpearl-branded hotels.
More luxury and midscale hotel projects will be launched to supply the increasing number of international tourist arrivals in Hanoi and Ho Chi Minh City.
Vietnam has undergone an astonishing 30 years of development. The World Bank's outlook for the Vietnamese economy remains highly positive, with average GDP growth of around 6% forecast annually until 2020.
Vietnam's largest cities plan to add around 1,000 new rooms each by the year end.
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