The total numbers of hotels in Vietnam have increased 147 per cent and hotel rooms, 210 per cent over the past three years, according to Grant Thornton Vietnam Ltd.
The latest report by Grant Thornton Vietnam on its survey of the hotel service sector in 2007 said that the hotel room occupation rate rose by 142 per cent in the period from 2003 to 2007 and hotel room prices also rose 37 per cent on average in the 2006-2007. Meanwhile, the number of hotel clients for the business purpose increase by 5.26 per cent compared to two years ago.
The survey also showed that most of hotel clients in five-star hotels are businesspeople. These guests represented 39.59 per cent of five-star hotels’ total turnover. Meanwhile, tourists who bought tours of travel companies represent 39.59 per cent of four-star hotels’ clients.
The average price of hotel rooms is highest in Hanoi and lowest in Da Lat. Five destinations surveyed are Hanoi, HCM City, Phan Thiet, Hoi An and Danang.
Vietnam is now home to around 8,556 hotels with 170,551 rooms. Of them, there are 25 five-star, 65 four-star, 141 three-star hotels and the remaining are 1-2 star hotels.
The sun warm Southeastern Asian nation welcomes more than 2.7 million international tourist arrivals in the first seven months of 2008, up 8.6 per cent on year and earns total revenues of VND41 trillion (US$2.56 billion).
Most of the international arrivals come from Thailand, the U.S., Japan, the Republic of Korea, the Philippines, China, France, Singapore and Malaysia. Notably, the numbers of visitors from the Philippines, Thailand and Singapore increase by 55 per cent, 41.6 per cent and 27.5 per cent respectively. However, those coming from China, the Republic of Korea and Japan see a slight decline.
The country is looking to 4.4 million foreign visitors and 19 million-20 million domestic tourists with total revenue of VND56 trillion, or US$3.5 billion this year. (Local sources)