Hotel market to recover next year

The hotel market in Việt 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.

Buybacks expected to perk up bank stocks On October 10, the HCM City Development Joint stock Commercial Bank (HDBank) announced that its shareholders had approved a plan to buy a maximum of 5 per cent of its 981 million shares being traded on the market, equivalent to 49 million shares.

Orange Sky Golden Harvest Issues a Circular About the Major Transaction, Connected Transaction and Continuing Connected Transaction in Relation to Two Lease Agreements Orange Sky Golden Harvest Issues a Circular About the Major Transaction, Connected Transaction and Continuing Connected Transaction in Relation to Two Lease Agreements

Global travel pricing set to slow down in 2020; flights to rise 1.2%, hotels 1.3% Global travel pricing set to slow down in 2020; flights to rise 1.2%, hotels 1.3%

Stan Group is delighted to announce collaboration with Flow Entertainment and Liquefy Stan Group is delighted to announce collaboration with Flow Entertainment and Liquefy

Global Real Estate Investment Volumes Reach Record High Global Real Estate Investment Volumes Reach Record High

International hotel operators flock to Việt Nam’s bustling tourism scene

Việt Nam is quickly emerging as a top global travel destination and a key focus market for international hotel groups.

Tourism sector aims to stop Chinese zero-đồng tours

Given the boom in the number of Chinese tourists in HCM City, authorities have been urged to take preventive measures against the so-called “zero-đồng” tours that cater to these tourists and adversely affect tourism revenue.

HCM City woefully short of luxury hotels to meet soaring tourism demand

HCM City’s hotel market, especially the luxury segment, is attractive to investors due to the relentless rise in tourist numbers.

Hotel occupancy rises in HCM City

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.