3-star hotel

Update news 3-star hotel

More luxury beachfront resorts despite low occupancy rate

VietNamNet Bridge - A 3-star hotel with 50-70 rooms needs investment capital of VND100 billion. Meanwhile, annual revenue is not higher than VND20 billion. But more and more hotels arise every day.

3-star hotels become more popular among investors

VietNamNet Bridge - Though competition in the 3-star hotel market segment has increased, many hotels are seeing worse business performance because of increased supply. Developing 3-star hotels remains a very profitable business.