luxury hotels

Update news luxury hotels

High-end hotel sector dries up

 VietNamNet Bridge – Vietnam’s five-star hotels are expectedly hampered by a low occupancy rate due to an increasing supply in the sector.

Luxury hotels face rising competition

 VietNamNet Bridge – Although the number of foreign guests at four- and five-star hotels in the nation’s south rose 10% last year, upscale hotels saw room occupancy and tariffs declining due to mounting competition,

Vietnam is promising market for foreign hotel management groups

VietNamNet Bridge - Hoteliers had a difficult year in 2014 but the demand for hotel managers remains very high in Vietnam.

HCM City luxury hotels feel the heat

 The fact that more five-star hotels will be up and running in downtown HCMC in years to come will pile pressure on the operational high-end hotels which are struggling with room occupancy drops.