foreign tourists

Hanoi hotel room rates skyrocket for maiden F1 season

Hanoi hotel room rates skyrocket for maiden F1 season

Market

Foreign tourists are keen to attend Vietnam’s first F1 motor race, due to kick off in April in Hanoi, but local tour operators are struggling to arrange tours in that month due to hiking hotel prices in the capital city.

Why are domestic hoteliers losing their market to international brands?

Why are domestic hoteliers losing their market to international brands?

Market

The fast-rising number of foreign visitors coupled with various international events are driving oversees investment, especially from reputable global brands, to the Vietnamese hotel market.

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