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Update news 3-star hotel
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.
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.