HOME > NEWS

Updated Sep 29, 2011
Vietnam has large potential for hotel investment
Xem anh phong to
Potential for investing in hotels in Vietnam is promising, especially for investors who target long term growth, said Robert McIntosh, CBRE Hotels Asia Pacific Executive Director.

He made the statement at a conference on hotel investment strategy, held by CBRE Vietnam in Ho Chi Minh City on September 27.

The hotel segment in the Asian cities has bounced back rapidly after the financial crisis with revenue earnings registered from the rooms reaching at least 80 percent compared to the pre-crisis period.

Despite the stagnation in the real estate sector, the hotel market in Hanoi and Ho Chi Minh City has seen an impressive growth over the years with the number of room occupants rising by 5-10 percent over 2010.

McIntosh said that with the high interest rates offered by banks in Vietnam, most three-star hotels have earned a big profit for investors. However, these cheap hotels should be more efficient in designs and operations, said the experts from CBRE Vietnam.

Also at the seminar, CBRE experts spoke of different to invest in hotels, through selling or re-renting and emphasized the important role of management and advisory agencies in helping investors build and operate the hotels.

Regarding the establishment of a hotel investment trust in Vietnam, McIntosh said the model is still new in the country, therefore, investors should consider it carefully to develop a suitable legal framework for it.

(Source: VOV)


Other news:

    The 49th Meeting of the ASEAN National Tourism Organisations opens (Jan 15, 2019)

    Israel travel enterprises and press agencies visit Viet Nam (Dec 3, 2018)

    Nha Trang – Khanh Hoa Sea Festival 2019 to come (Oct 31, 2018)

    Students encourged to join volunteer tourism (Oct 23, 2018)

    VNAT organizes famtrip to explore tourism products in Southwestern region (Oct 22, 2018)

    Introducing Viet Nam tourism’s potential in Europe (Oct 5, 2018)

    VNAT promotes tourism in Canada and the United States (Oct 5, 2018)

    Boosting tourism cooperation between Viet Nam and ASEAN countries (Oct 1, 2018)

    Ha Noi hopes to be come one of world’s leading city destination 2018 (Sep 20, 2018)

    VNAT hosts famtrip for Malaysian tourism enterprises and media (Sep 17, 2018)

..::DAINAM IT::.. PHAN PHOI SAN PHAM - SAN XUAT PHAN MEM - THIET KE WEBSITE - DAO TAO CNTT...
  SEARCH

HOT NEWS

ITE - HCMC 2018 kicks off with varied and vibrant programs 

Central Highlands Gongs Festival 2018 to be held in Gia Lai 

Ha Noi Food Festival 2018 to come in October 

Mau Son Tourism Festival 2018 launched 

Dak Nong to hold the first Viet Nam Brocade Culture Festival 2018 

Many unique tourism culture activities in Ninh Binh Tourism Week 2018 

 
HOT NEWS
   TRAVEL GUIDE
  HOTELS TRAVEL AGENCIES
  RESTAURANTS SHOPPINGS
HOT NEWS

PHOTO GALLERY

   

 

   

Home | News | Events | Promotions | Products | Shopping Cart | About Us | Contact Us | Site Map | Vietnamese