Wave of hotels in HCM City put up for sale at deep discounts amid recession

Tuesday, Jun 27, 2023

The hotel industry in HCM City is facing significant challenges with a wave of hotels in the city put up for sale at deep discounts amid the ongoing economic recession and sluggish tourism market. 

Sheraton Saigon Hotel & Towers honoured

Wednesday, Jul 27, 2022

Sheraton Saigon Hotel & Towers has been honoured as the Best City Hotel in Viet Nam in the Asia’s Best Awards 2022 by Travel & Leisure, one of the world’s most prestigious travel magazine brands.

Saigon Co.op, SCID start construction of 4-star hotel in Can Tho

Saturday, Apr 06, 2019

Saigon Union of Trading Co-operatives (Saigon Co.op) and Saigon Co.op Investment Development Joint Stock Company on April 5 broke ground for a four-star hotel in Can Tho City’s Ninh Kieu District.

Hotel surplus threatens Da Nang

Monday, Oct 19, 2015

Da Nang city authorities warn of a hotel construction boom that could lead to a glut in rooms, saying the rapid development of many small hotels could affect the tourism industry and cause an infrastructure overload that could affect people''s living standards.

Vingroup renames its hospitality brands

Thursday, Aug 13, 2015

Real estate developer Vingroup officially rebranded its resorts and hotels in Viet Nam as ''Resort and City Hotel'' on August 12.

Tourism decline hits City hotel market

Monday, Aug 03, 2015

A slump in tourism has hit the HCM City''s hotel market, which saw a in the average rate of reserved rooms in the first six months of the year compared to the previous five years.