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Update news hotel projects
Da Nang officials fed up with long-delayed luxury hotel projects
VietNamNet Bridge – Real estate developers from Hanoi and HCM City once flocked to Da Nang to seek opportunities in the market that promised to glitter like gold, especially in the luxury-hotel segment.
Investors pour money into hotel projects, despite low occupancy rate
VietNamNet Bridge – Three- to five-star hotels in Hanoi have all reported an unsatisfactory occupancy rate in the last six months, but the city expects to have 1,300 more hotel rooms by 2016.
