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...
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.
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.
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.
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...
Viet Nam remains an attractive destination for private-equity investors,
many of whom plan to increase their investment in the country,
according to Grant Thornton Vietnam.
Viet Nam''s hotel sector is showing encouraging signs of progress in
awareness and management of the environment as well as quality
standards, according to an annual report released by Grant Thornton
Vietnam yesterday.