There are many problems associated with COVID-19, but one major issues caused by the global pandemic is its virtual destruction of the travel industry.
Viet Nam has experienced unprecedented growth in the hospitality sector. Most hotels and resorts have high occupancy rates and construction of many new ones is underway. Viet Nam News reporter Thu Hang asks Ken Atkinson, executive chairman of Grant Thornton...
The average room tariff at upscale hotels increased by 2.8 per cent last year to US$91.8, according to the 2018 Vietnam Hotel Survey released on July 10 by Grant Thornton.
Grant Thornton Vietnam Limited’s (Grant Thornton) 16th survey on the private equity sector in Viet Nam showed largely positive responds about national economy progress and optimism for the country’s level of investment attraction.
Investors prefer ‘binary'' audit reports in which the auditor must
either commit to a ‘clean'' opinion or qualify the accounts, according to
a report drawn up using feedback from several conferences held by the
Association of Chartered Certified Accountants and Grant Thornton in
seven...
A survey of the private-equity sector in July by consulting firm Grant
Thornton found that 72 per cent of respondents anticipated higher level of investment
activities in Viet Nam in the next 12 months.
Vietnamese investors are expecting more transactions from State-owned
enterprises'' (SOE) equitisation rather than by private/family firm
owners, Grant Thornton Viet Nam''s latest survey said.
Revenue per available room (RevPAR) for four and five-star hotels and
resorts showed a sharp increase in H1 compared to a year earlier, rising
13.7 per cent to US$69.1
Consulting firm Grant Thornton (Vietnam) has released a report on
private equity that shows an encouraging improvement in respondents''
belief in higher investment activities in the next 12 months.
Average room rates in upscale hotels and resorts across Viet Nam saw a
slight increase in 2014 even as occupancy rates decreased, according to a
survey by auditing and consulting firm Grant Thornton.
Private equity investors are paying more attention to the Vietnamese
market, readying additional resources in expectation of better long-term
results, according to the Grant Thornton global private equity report
for 2014 to 2015.
Despite low occupancy rates and a in the number of Chinese tourists
in May and June, high-end hotels in Viet Nam showed increases in room
rates and revenue per room in the first half of the year, according to
consulting firm Grant Thornton...