Capital-raising and hotel sales highlight investor optimism for the sector’s recovery.
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.
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.
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.
Vietnam’s hospitality market after social distancing due to Covid-19 has showed positive development but recovery is underway.
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 now get up to $137 million in financing from IFC and Credit Suisse.
Domestic investors demand on hotel investments has been growing in recent years, bringing fierce competition with foreign ones.
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.
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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