5-star hotels

Update news 5-star hotels

Many hotels have not reopened to welcome guests, though Vietnam reopened the market to foreign investors on March 15.

Oversupply of hotels in central region leading to falling room rates

VietNamNet Bridge - Da Nang City and Hoi An, the two most famous destinations for tourists in the central region, are full of hotels and resorts, leading to cutthroat competition.

Hanoi plans to build luxury hotels on ‘golden land’

VietNamNet Bridge - Hanoi is expected to have 20,000 rooms in the next five years and 20 luxury hotels located in advantageous positions in the city. 

A series of 5-star hotels change hands

VietNamNet Bridge - Sofitel Plaza Hanoi and Duxton Saigon have been transferred to new owners at a time when many new hotel brands have opened in Hanoi and HCMC. 

5-star hotels still “laying golden eggs” despite economic crisis

 VietNamNet Bridge – Vietnam’s golden age of 5-star hotels, in 2007-2008, is over. However, the business sector is still deserving of investment.

5-star hotels to take up Hanoi’s market

Market survey firms, which believe that more and more high income tourists would come to Hanoi, have all predicted that more 5-star hotels would be available in the city by 2015.