Next-generation tech delivers a unique competitive advantage and provides better conditions to predict, forecast, and boost future business, revenue, and profitability.
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.
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.
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.
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Updated news and events from the Australian Hospitality Alumni Network – Vietnam as well as from the world of hospitality.
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