hotels

Latest News about hotels

Five-star hotels now sell street foodicon
FEATURE07/11/20210

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.

 
Hanoi’s hotel market to welcome new investment despite COVID-19icon

Hanoi’s hotel market to welcome new investment despite COVID-19

TRAVEL
06/08/2021

Despite recording an average occupancy rate of 27% in Q2 2021, the Hanoi hotel sector is still holding on well during the pandemic and is expected to welcome more investors in all segments this year, said Director of Savills Hanoi Matthew Powell.

Hoteliers fight to exit pandemic quandaryicon

Hoteliers fight to exit pandemic quandary

BUSINESS
25/07/2021

Social distancing measures being enforced during the current pandemic has significantly changed the way people interact, and thus created an unprecedented crisis for the hospitality sector across the globe.

New ways to save VN tourism industryicon

New ways to save VN tourism industry

FEATURE
23/07/2021

The gradual opening of international routes and the pilot opening of some tourist sites for foreign tourists are among important solutions in efforts to save the aviation, tourism, hotel and service industries.

Turning hotels into hospitals for Covid-19 patientsicon

Turning hotels into hospitals for Covid-19 patients

FEATURE
23/07/2021

In the current context, the hotel-hospital model helps authorities to reduce the pressure on hospital beds, and private hospitals can join hands with the health sector to participate in the fight against the epidemic.

Four luxury hotels in downtown HCM City put on new preservation listicon

Four luxury hotels in downtown HCM City put on new preservation list

ENTERTAINMENT & SPORTS
17/05/2021

The HCM City People’s Committee has submitted to the Prime Minister two preservation plans for the Rex, Kim Đô, Continental and Majestic hotels.

Tourism sector once again faces dead halt due to new coronavirus waveicon

Tourism sector once again faces dead halt due to new coronavirus wave

TRAVEL
31/01/2021

Local tour operators are once again facing tour cancellations due to the new coronavirus outbreaks in some northern provinces, making life difficult for the tourism sector to get back on its feet.

Many hotels in HCM City forced to shut down despite premise rental cutsicon

Many hotels in HCM City forced to shut down despite premise rental cuts

BUSINESS
31/12/2020

Many hotel owners in HCM City have had to close down their hotels as a result of the Covid-19 pandemic although rents at the premises have been cut by up to 70%.

Many hoteliers intend to divest capital due to heavy lossesicon

Many hoteliers intend to divest capital due to heavy losses

BUSINESS
16/10/2020

Over the past eight months, hotel room tariffs have plunged and hotel room occupancy rates have remained low, forcing several hoteliers to divest capital with many financially weak hotels in the local market being put up for sale.

Hotels throughout Hanoi fall quite due to COVID-19icon

Hotels throughout Hanoi fall quite due to COVID-19

BUSINESS
01/10/2020

The majority of hotels located in the capital have been left virtually deserted in recent months despite remaining open, largely due to the negative impact of the COVID-19 which has stopped foreign visitors entering the country.

Hotels for sale due to COVID-19icon

Hotels for sale due to COVID-19

BUSINESS
26/09/2020

The decline in the number of visitors and revenue due to the COVID-19 pandemic has led many investors to sell their hotels.

Luxury hotels ready to receive guests quarantined after arrivalicon

Luxury hotels ready to receive guests quarantined after arrival

SOCIETY
22/09/2020

Eight hotels in Hanoi, selected to lodge people during quarantine, are ready to receive guests. The room rate is set at VND1.2-4 million per day.

Amid Covid-19 pandemic, hotels in Hanoi Old Quarter up for saleicon

Amid Covid-19 pandemic, hotels in Hanoi Old Quarter up for sale

BUSINESS
21/09/2020

After several months of having no customers, many hotels in Hanoi's Old Quarter have had to close and some hotels have even posted ads for sale at the price of tens of billions of dong.

Luxury hotels no longer lit up at night, fall into crisisicon

Luxury hotels no longer lit up at night, fall into crisis

TRAVEL
08/09/2020

Three- to five-star hotels in Hanoi have fallen into serious crisis as they cannot receive foreign travelers due to restrictions on international air transport amid the Covid-19 pandemic, according to the Hanoi Tourism Department.

Hotel sector’s long-term outlook remains positive: CBREicon

Hotel sector’s long-term outlook remains positive: CBRE

BUSINESS
26/08/2020

Though the second wave of COVID-19 dashed hopes for quick tourism recovery in 2020, real estate services firm CBRE Vietnam believed the industry’s long-term outlook remains positive.

Hotel owners face tough times in Hanoiicon

Hotel owners face tough times in Hanoi

BUSINESS
17/08/2020

The lobby of a hotel on Hang Be Street in the heart of Hanoi that used to be full of tourists is now filled with furniture.

Asian hotel investors pivot to debt financing as owners look to shore up balance sheetsicon

Asian hotel investors pivot to debt financing as owners look to shore up balance sheets

BUSINESS
14/05/2020

Hotel owners across Asia are seeking greater access to debt financing to bolster cash flows as they face historically low occupancy rates.

Many hotels expected to be offered for sale after Covid-19icon

Many hotels expected to be offered for sale after Covid-19

BUSINESS
28/04/2020

After Covid-19, a number of hotels owned by private investors may be sold off to cut losses in the worst-case scenario, affecting the tourism environment at tourist destinations and slowing the recovery of the tourism sector,