Five-star hotels outperform four-star hotels: Grant Thornton
MarketFive-star hotels outperformed their four-star counterparts across several criteria as shown by the latest survey by Grant Thornton Vietnam on the local upscale lodging industry.
Upscale hotels see room rates increase
MarketFive-star hotels in the country increased room rates by 4.1 per cent last year while four-star hotels dropped theirs by 2.3 per cent, according to the Vietnam Hotel Survey released on July 11 by Grant Thornton.
