Tag: room-rates
Hotels, resort, realty businesses pin high hope on tourist arrivals
The recovery of tourism, especially its international segment, is seen to be the driving force for the hotel market to prosper, with improvements in both occupancy and room rates, said experts from the real estate agency Savills Vietnam.
Hotel occupancy, room rates rebound from COVID-19
The global hotel and resort sector is recovering well from the COVID-19 pandemic with improvements on occupancy and room rates, and Vietnam is no exception, said Mauro Gasparotti, director of Savills Hotels Asia Pacific.
Travel operators expect a bonanza in coming four-day holiday
VOV.VN - Along with airfares, room prices in tourist destinations are forecast to surge considerably as holidaymakers are hurriedly booking tours for the coming national holiday on April 30 & May 1.
Many hotels in HCM City forced to shut down despite premise rental cuts
Many hotel owners in Ho Chi Minh 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%.