Due to the disruptions and havoc caused by the pandemic, the hospitality industry was in a shock. Now, as the deadly effect of the pandemic has began to fade the industry instils confidence through its newest offerings. Vietnam as a country is going to witness opening of a lot of new properties in 2023, which will surely attract the guests.
Category Archives: Industry News
International web searches for Vietnam tourism remain high
nternational searches for tourism in Vietnam remain high, according to the Vietnam National Tourism Administration under the Ministry of Culture, Sports and Tourism.
How Technology is Transforming the Future of Revenue Management for Hotels
Next-generation tech delivers a unique competitive advantage and provides better conditions to predict, forecast, and boost future business, revenue, and profitability.
M&A in Vietnam’s hospitality industry lures foreign investors post-COVID
Low or no occupancy at all are leaving many hospitality businesses in Vietnam on the verge of bankruptcy. However, this situation provides significant merger and acquisition (M&A) opportunities.
HCM City serves 2.65 million foreign visitors in 10 months
Ho Chi Minh City welcomed 546,000 international visitors in October this year, lifting the total number of foreign arrivals to the city in the last 10 months to 2.65 million, according to the municipal Department of Tourism.
Hotel occupancy, room rates rebound from COVID
The global hotel and resort sector is recovering well from the COVID-19 pandemic with improvements on occupancy and room rates, and Việt Nam is no exception, Mauro Gasparotti, director of Savills Hotels Asia Pacific, said.
Marriott International Signs Agreement to Bring The Ritz- Carlton to Australia’s Gold Coast
Marriott International, Inc., today announced the signing of an agreement with Australian property developers Pelligra Group and Giannarelli Group to bring Australia’s third Ritz-Carlton hotel to the Gold Coast by 2026.
Why do so many foreigners decide to make Việt Nam their home?
Despite the average Vietnamese salary being around VNĐ5,200,000 (US$220), in jobs like teaching where most expats are employed, wages start at around VNDD30,000,000 ($1,300) a month.
Vietnam to have digital map of relic sites, tourist attractions
All relic sites and tourist attractions in Vietnam will be included in a digital map, according to the Ministry of Culture, Sport and Tourism (MCST).
Australia’s Escape: Vietnam delivers Asia’s best value
Australia’s tourism newswire Escape has recently published an article hailing Vietnam as an ideal budget destination for Australian tourists
