Homestays that reap big profits spring up in central Vietnam

Da Lat is entering the high tourism season when travelers, Vietnamese and foreign, flock there to avoid the summer heat.

Mai Thi Anh Thy, 26, decided to go into business with a homestay in Dalat, her hometown. With capital of VND300 million, Thy, a former interior designer, leased a house near Da Lat City with the rent of VND10 million to receive tourists.

Homestays that reap big profits spring up in central Vietnam

With four rooms for rent, Thy estimated that she could collect VND250,000-400,000 for each room and make a profit of VND5 million a month.

However, the investment was higher than initially estimated. The equipment and interior decoration alone cost her 2/3 of the total capital. So Thy decided not to hire a receptionist. She now works as the owner, manager and receptionist at the homestay called ‘Nha cua Bo’ (Bo’s House).

The business has been going well with the occupancy rate of 80 percent, which has allowed her to take back half of the investment capital.

Da Lat is entering the high tourism season when travelers, Vietnamese and foreign, flock there to avoid the summer heat.

Da Lat is entering the high tourism season when travelers, Vietnamese and foreign, flock there to avoid the summer heat.

Thy plans to set up 11 rooms. If all the 11 rooms can be rented, the profit could double. However, she has not started because she is not sure about success.

“Homestays have been springing up in Da Lat and the competition has become stiff,” she explained.

According to Ninh, a tour guide in Da Nang City, homestays have been offered for a long time.

 

At first, households in well-known tourist areas such as Sa Pa, Moc Chau, Hoi An and Da Lat shared houses with travelers to get money to improve their lives.

Later, investors from other cities/provinces, who do not have houses in the localities, developed homestays. They lease local houses and upgrade the houses’ facilities and interior decoration for lease to travelers.

Homestay developers are mostly young people who want to start their business with modest capital. However, not all of them can succeed.

“You won’t take a loss with homestay, but it’ll take much time and effort to run it,” said Nguyen Thi Thuan, who has decided to transfer her business activity. “I don’t have enough patience.”

Many others also have to sell their homestays to shift to other type of businesses, because the profit they made was not attractive enough. The owner of a homestay since 2015 said he earned hundreds of million of dong a year, but he had to cut expenses.

Trong Dat

Islander builds house from recycled plastic bottles, sets up homestay

Islander builds house from recycled plastic bottles, sets up homestay

Islander Nguyen Loi, 29, has built his first house from 6,000 recycled plastic bottles on An Binh Islet, three miles from Ly Son Island of the central province Da Nang to promote waste reduction and recycling on tourism islands.

Homestays offer a taste of local life

Homestays offer a taste of local life

Homestays offer guests the chance to experience Vietnam away from a hotel or resort and have found favor among local homeowners with room to spare.

 
 

Other News

.
More localities to pilot double-decker buses
More localities to pilot double-decker buses
TRAVELicon  23/06/2020 

The south-central coast province of Binh Thuan and the southern coast province of Ba Ria-Vung Tau will launch double-decker bus services following a recent decision by PM Nguyen Xuan Phuc.

Breathtaking beauty of Vietnam's Northwestern region
Breathtaking beauty of Vietnam's Northwestern region
PHOTOSicon  23/06/2020 

With its breathtaking landscapes and distinctive culture, northwestern region captures hearts of people with wanderlust.

An Giang launches new tourism campaign
An Giang launches new tourism campaign
TRAVELicon  23/06/2020 

The Cuu Long (Mekong) River Delta province of An Giang has launched a new tourism campaign to attract domestic visitors.

Street carnivals to be held in Danang every weekend
Street carnivals to be held in Danang every weekend
TRAVELicon  22/06/2020 

Street carnivals have been planned to be organised in the central city of Danang every weekend until the end of this year.

Ha Nam province launches new tourism offerings at Tam Chuc tourism site
Ha Nam province launches new tourism offerings at Tam Chuc tourism site
VIDEOicon  22/06/2020 

In a bid to promote local tourism and attract more visitors, the tourism sector in Ha Nam province has come up with a range of new offerings.

Vibrant atmosphere returns to Hoi An’s Old Quarter following re-opening
Vibrant atmosphere returns to Hoi An’s Old Quarter following re-opening
TRAVELicon  22/06/2020 

Plenty of tourists have begun to visit the UNESCO-recognised ancient city of Hoi An with the area reopening after suspending all activities for over two months as a result of the novel coronavirus (COVID-19) epidemic.

Van Hanh Zen monastery preserves quartz crystal pictures, antiquities
Van Hanh Zen monastery preserves quartz crystal pictures, antiquities
TRAVELicon  23/06/2020 

Van Hanh Zen monastery in Da Lat city is a cultural landmark that features bold Buddhist architecture. The monastery exhibits pictures and antiquities collected by its Most Venerable Abbot Thich Vien Thanh over the past three decades.

Discovering must-go bars and pubs in Hanoi
Discovering must-go bars and pubs in Hanoi
TRAVELicon  24/06/2020 

Serving from beer, cocktail to wine or playing from pop, rock, acoustic, jazz to techno, each bar & club contributes to the diverse color to the night life in the city.

Vietnamese locations receive praise from international media outlets
Vietnamese locations receive praise from international media outlets
TRAVELicon  22/06/2020 

Travel magazine Travel + Leisure has lavished praise on Vietnam's “gorgeous” beaches and “insanely good food”, all of which serve to make Vietnam a great post-COVID-19 destination, 

Beauty of the ancient city of Hue uncovered
Beauty of the ancient city of Hue uncovered
PHOTOSicon  23/06/2020 

Located in the central province of Thua Thien-Hue, the ancient city of Hue impresses visitors through its peace and ancient beauty, along with boasting the modern and vibrant features of a developing city.

Stunning beauty of Nha Trang revealed through lens of Russian photographers
Stunning beauty of Nha Trang revealed through lens of Russian photographers
PHOTOSicon  22/06/2020 

With Nha Trang city being considered one of most popular destinations for Russian tourists visiting the country, let’s take a close look at the area’s beauty as seen through the eyes of various foreign photographers.

Largest pagoda complex beckons tourists, pilgrims
Largest pagoda complex beckons tourists, pilgrims
TRAVELicon  20/06/2020 

Tam Chuc Pagoda Complex is a special religious tourist site in an awe-inspiring landscape, with its front facing the lake and its back leaning into the mountain.

Bat Trang pottery village
Bat Trang pottery village
PHOTOSicon  20/06/2020 

Located 15km from Hanoi, Bat Trang pottery village is an ideal destination for weekend trips with many unique activities related to the tradition of making ceramic and porcelain products.

Phu Quoc’s tourism bounces back
Phu Quoc’s tourism bounces back
TRAVELicon  19/06/2020 

Phu Quoc’s tourism has bounced back since the beginning of May after being hit by Covid-19. The island now welcomes up to 8,000 visitors a day and the figure is expected to reach up to 12,000 in the coming time.

President Ho Chi Minh Mausoleum closes for annual maintenance
President Ho Chi Minh Mausoleum closes for annual maintenance
TRAVELicon  19/06/2020 

The Ho Chi Minh Mausoleum in Hanoi City’s Ba Dinh District will close from June 15 to August 15 for annual maintenance work, according to the mausoleum’s Management Board.

Ba Ria-Vung Tau through the lens of foreign photographers
Ba Ria-Vung Tau through the lens of foreign photographers
TRAVELicon  19/06/2020 

A number of foreign photographers have thrilled viewers by capturing several striking images from across the southern province of Ba Ria-Vung Tau.

Da Lat among best cheese producers in Asia: CNN
Da Lat among best cheese producers in Asia: CNN
TRAVELicon  19/06/2020 

CNN travel has posted an article claiming that Vietnam’s Central Highlands resort city of Da Lat is capable of producing some of the best cheese in all of Asia.

Japan to ease travel curbs to four countries, including Vietnam
Japan to ease travel curbs to four countries, including Vietnam
TRAVELicon  19/06/2020 

Japanese Prime Minister Shinzo Abe said on June 18 that Japan is in talks to make exceptions to its entry ban on Australia, New Zealand, Thailand and Vietnam, as it seeks to ease travel restrictions imposed to stem the spread of COVID-19.

A roadtrip of a lifetime
A roadtrip of a lifetime
TRAVELicon  20/06/2020 

A year on the road, 18 countries visited and 16,000 kilometres covered. As cycle rides go, you’d be hard pressed to find one tougher.

Ho Chi Minh City bar listed among best in world
Ho Chi Minh City bar listed among best in world
TRAVELicon  18/06/2020 

News publication the Guardian of the UK has devised a list of the best bars in the world, with The Deck Saigon of Ho Chi Minh City being named among them.

 
 
 
Leave your comment on an article

OR QUICK LOGIN