The hotel market is experiencing impressive growth with significant Revenue Per Available Room improvements, according to hospitality advisory and investment Savills Hotels.
The hotel market in Viet Nam this year is expected to face a severe decline in room occupancy due to the COVID-19 pandemic and will not recover until next year, industry experts have said.
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.
