Update news hospitality

Five-star hotels now sell street food

Upscale hotels are facing enormous difficulties due to the recent Covid-19 pandemic. Their solutions to the dilemma have been very creative.

Owners of Metropole Hanoi proposed for hotel operation extension to 70 years

The Hanoi People’s Committee has just proposed the government to extend the operational duration of boutique hotel Metropole Hanoi to 70 years, surpassing the framework of current regulations.

Floundering service sector threatens mass unemployment

With restaurant and café chains struggling amid COVID-19, thousands of employees in the service sector could lose their jobs. 

Hotels consider closure as occupancy rate plummets amid Covid-19

Hotels across the nation, including in HCM City and Hanoi, are cutting back staff, or facing closure or bankruptcy as revenue and bookings have plummeted.


Encouraging signs in real estate arena

Despite the COVID-19 outbreak piling pressure on the toughest segments of the real estate market in hospitality, retail, and industrial property, positive signs have also been unearthed.  

Spirited bidding battle expected in hospitality

Cash flow shortages could put several hospitality developers in Vietnam into financial pressure, forcing them to offer their projects for sale.

Former president of Inter Milan withdraws from Ninh Van Bay

Recapital Investments Pte., Ltd. officially sold its majority stake in Ninh Van Bay Travel Real Estate JSC and withdrew from the Board of Directors.

DKRA: Hospitality real estate still in favor

New supply and absorption see rapid rises in Q2 according to consultants DKRA.

“Ruou can” represents Ede people's solidarity, hospitality

“Ruou can” is an indispensible rice wine at important events such as the New Year celebration of ethnic people in the Central Highlands.

Vietnamese youth clamour for training

Mai Sen Bistro on Nguyen Van Lac Street, HCM City,  is more than just a good restaurant that offers European and Asian dishes.