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Hotels are back in investors’ sights

Capital-raising and hotel sales highlight investor optimism for the sector’s recovery.

Second wave of Covid-19 dampens hopes for quick tourism recovery in 2020

The performance of hotel industry in the third quarter of 2020 will not see much improvement as Vietnam has faced a second wave of Covid-19 since late July, CBRE said.

World’s first gold-plated hotel opens door in Vietnam

A five-star hotel Dolce Hanoi Golden Lake Hotel, which claims to be the first property in the world clad in gold tiles, has opened.

How hospitality industry adapts to the post-pandemic tourism

TheLEADER talks with Alma Resort’s general manager Herbert Laubichler-Pichler, an Austrian national who has 14 years' experience in Vietnam, to better understand the changes in the post Covid-19 tourism industry.

Hotels struggle to resume operation after lockdown

Vietnam’s hospitality market after social distancing due to Covid-19 has showed positive development but recovery is underway.

Vietnam's hotels suffer huge damage from coronavirus

Due to the new ban on international travelers and rising concerns domestically, hotel occupancy in the first three weeks of March dropped dramatically to a single digit in many destinations within Vietnam.

BIM Land gets $50 million from foreign lenders

BIM Land now get up to $137 million in financing from IFC and Credit Suisse.

Foreign investors seek to acquire operating hotel assets

Domestic investors demand on hotel investments has been growing in recent years, bringing fierce competition with foreign ones.

TUI Group sees Hoi An as perfect destination for cultural tourism

Vietnam is an attractive destination for holidaymakers from Europe and Asia and Hoi An is just the right place to start off when they first come to the country.

ICC-Kajima announces main contractor for Wínk Saigon Center hotel

Indochina Kajima Development Limited (ICC-Kajima) has appointed Newtecons as the contractor for the main package of the first Wínk Hotel at 75 Nguyen Binh Khiem, Ho Chi Minh City.

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