Vietnam benefits favourable conditions in human resources, nice natural landscapes and rich culture values, meeting the demand of tourism.
In recent years, the number of tourism accommodation has soared from 13,756 facilities in 2011 to 28,000 in 2018, said Ha Van Sieu, Vice Director of the Vietnam National Tourism Administration (VNAT).
According to many developers, the factors deciding the attraction of a tourism real estate product is whether its location is popular to visitors and close to national tourist sites or not.
At the forum, experts said tourism real estate in Vietnam is among attractive investment options. The Asia-Pacific region, including our country, is forecast to keep attracting tourists in the future, contributing to the growth of the domestic tourism real estate market.
Chairman of the Vietnam Association of Corporate Directors Han Manh Tien said the market has seen a boom, appealing the interest from both home and overseas investors.
However, Mr Tien noted that the growing market is creating challenges for State management, for example, high pressure on the local infrastructure and tourism services.
Vietnam has an advantage in attracting investment in tourism property since it is considered the connection point of the Asia-Pacific region in various aspects such as economy, investment and trade, said Kai Marcus Schoter, CEO of Hospitality Tourism Management.
Additionally, Vietnam benefits many favourable conditions in human resources, nice natural landscapes and rich culture values, meeting the demand of tourism, according to Schoter.
The rise of middle-income population in Vietnam has also raised travel demands of people, accelerating the growth of tourism real estate market.
Other participants at the forum agreed that apart from infrastructure, the country should work harder to protect local natural resources and culture in parallel with tourism development.
Besides, they also called for greater responsibilities on the part of property developers in balancing the interest of theirs and the local community regarding public infrastructure.
