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Cities garner heightened interest of hospitality investors

VNA
Published: July 27, 2017
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Hospitality and hotel investment in Asia Pacific for the first half of 2017 hit 2.9 billion USD, with investors zoomed in on key gateway cities in Viet Nam like Da Nang-Hoi An and Nha Trang-Cam Ranh, among others.

That information is according to the latest Hotel Investment Highlights Asia Pacific report from JLL, which seems to indicate that the unfavourable image of Viet Nam is slowly changing for the better.

Approximately 10 million international travellers arrived in Viet Nam in 2016, a 26% increase against 2015.

Chinese arrivals led the growth along with a substantive rise in business travellers from South Korea.

The sizable investments made in infrastructure and transport in the country over recent years appear to be opening a portfolio of coastal destinations beyond just the long-standing traditional hotspots.

(Source: VNA)

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