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Articles tagged “vietnam”

Daily Lodging Report

Macau and Hong Kong Boom While Vietnam Slumps

Vietnam’s condotel market remains sluggish with excess inventory, unlikely to recover before 2025.

Daily Lodging Report

Vietnam Has an Oversupply of Hotels

Vietnam’s international visitor numbers reached 70% of their 2023 projection but remained below expectations due to fierce competition and an economic recession. Domestic tourism in Vietnam is also experiencing a decline.

Daily Lodging Report

Vietnam Hotels Struggle Amid Recession and Tourism Slump

Vietnam hotels face challenges as recession and sluggish tourism lead to hotel sales and closures in Ho Chi Minh City and across the country.

Hotels

U.S. and Canada Notch Improved Hotel Performances

The U.S. and Canada's hotel industries each made significant progress in their recoveries from the pandemic. We also feature other major news in hotel deals and development across the world.

U.S. and Canada Notch Improved Hotel Performances

Daily Lodging Report

Vietnamese Hotel Closures and Sales Amidst Tourism Challenges

Hotels in Vietnam, particularly in Ho Chi Minh City, are experiencing closures and are being listed for sale due to lower-than-expected visitors, revenue, and the need for capital expenditure.

Daily Lodging Report

Vietnam’s Booming Hotel Sector

Foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts.

Daily Lodging Report

Vietnamese Outbound Travel Rises Sharply

Vietnamese travelers are said to be opting for outbound tours due to the significant increase in the price of domestic flights as the holiday season approaches, according to travel agents and tour operators.

Hotels

The U.S. Hotel Sector Has Seldom Seen Better Days

CBRE surveys recent performance metrics for U.S. hotels and finds the national figures are better than average on most counts. Plus, other highlights from this week's news in hotel deals and development worldwide.

The U.S. Hotel Sector Has Seldom Seen Better Days

Tour Operators

Southeast Asia’s Fragmented Tours Sector Gets Long-Awaited Tech Upgrade

Southeast Asia, known for its tech-savvy, mobile first consumers, has an experiences sector that is 80 percent offline, presenting widespread opportunities for the region's tours and activities landscape to become digitized. Stat.

Southeast Asia’s Fragmented Tours Sector Gets Long-Awaited Tech Upgrade

Daily Lodging Report

Vietnam to Relax Visa Rules to Boost Visitors

Vietnam Prime Minister Pham Minh Chinh instructed his cabinet to relax certain visa requirements in a bid to attract more foreign tourists to the country.