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.
Four- and five-star hotels in HCM City have seen a slight decline in room rates although the rising number of tourists has resulted in an increase in occupancy rates at high-end hotels.
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...