Over-investment in Binh Thuan Province's hotel-resort segment over the past years has resulted in a sharp increase in the number of hotel rooms.
According to the Binh Thuan Tourism Association, last year the province had 1,000 new hotel rooms, up 12.5 per cent from the previous year compared to the 10 per cent rise in the number of tourists coming to the province.
Although there were periods when hotel rooms in the province were fully booked, the average occupancy rate reached only 58 per cent in 2012.
The province welcomed over 3.14 million tourists last year. — VNS