Luxury hotel segment sees sharp expansion
MarketWith 50 five-star hotels and 68 four-star hotels being built last year, the luxury segment now has 466 hotels with 97,098 rooms, according to a report released by the Vietnam National Administration of Tourism.
Why are domestic hoteliers losing their market to international brands?
MarketThe 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.
