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Vietnam's hotels suffer huge damage from coronavirus

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.

Alma resort re-opens on scenic Cam Ranh peninsula

Alma, a 196-pavilion and 384-suite resort that commands 74 acres of beachfront, 14 sublime food and beverage outlets and a cascade of 12 beachfront swimming pools, will reopen in Vietnam’s new “it” destination on May 31 in the wake of Covid-19.

Rising tourist arrivals weigh on recreational property in Ba Ria-Vung Tau

Given the surging demand for tourism in Ba Ria-Vung Tau, especially during themajor holidays, local lodging services may soon find themselves overloaded. Theprovince is in great need of quality recreational properties.

Hanoi, Ho Chi Minh City office markets offer high returns

According to JLL’s latest data, Southeast Asian and India markets offered the best returns for investors in 2019, and are expected to continue performing well in 2020.

Japanese investors seek opportunities to join Vietnam’s cash-strapped real estate market

Vietnamese developers are seeking new capital sources as banks tighten credit for real estate.

High land rental forces industrial producers to move out of first cities

More competitive land cost as well as lower occupancy rate are making emerging industrial areas in surrounding provinces become more attractive to investors and developers.

Phu Long unveils world of resorts in Phu Quoc

L’Alyana Senses World is poised to elevate tourism in Phu Quoc island to a new height.

Cocobay's dishonor of commitment casts shadow on condotel market

Yields of 4-6 per cent are the right expectations for a sustainable rental return, given that the buyer still enjoys free usage and a potential chance for capital gain in the mid- to long-term, says Savills Hotels APAC.

The next hotspots for second-home development

As Danang and Nha Trang has expericenced a slowdown in second-home supplies, non-traditional markets such as Binh Thuan and Ba Ria-Vung Tau are emerging as next hotspots.

Wínk Hotels reaches two milestones

Indochina Kajima Development Limited and partners celebrate the topping out of the first Wínk hotel in Ho Chi Minh City and the groundbreaking of another Wínk hotel in Danang.

Ho Chi Minh City ranked first in real estate development prospect in 2020

PwC recommends all asset classes in the southern commercial hub be bought next year.

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