Articles tagged “vietnam”

Vietnam’s international visitor numbers reached 70% of their 2023 projection but remained below expectations due to fierce competition and an economic recession. Domestic tourism in Vietnam is also experiencing a decline.

Vietnam hotels face challenges as recession and sluggish tourism lead to hotel sales and closures in Ho Chi Minh City and across the country.

The U.S. and Canada's hotel industries each made significant progress in their recoveries from the pandemic. We also feature other major news in hotel deals and development across the world.

Hotels in Vietnam, particularly in Ho Chi Minh City, are experiencing closures and are being listed for sale due to lower-than-expected visitors, revenue, and the need for capital expenditure.

Foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts.

Vietnamese travelers are said to be opting for outbound tours due to the significant increase in the price of domestic flights as the holiday season approaches, according to travel agents and tour operators.

CBRE surveys recent performance metrics for U.S. hotels and finds the national figures are better than average on most counts. Plus, other highlights from this week's news in hotel deals and development worldwide.

Southeast Asia, known for its tech-savvy, mobile first consumers, has an experiences sector that is 80 percent offline, presenting widespread opportunities for the region's tours and activities landscape to become digitized. Stat.

Vietnam Prime Minister Pham Minh Chinh instructed his cabinet to relax certain visa requirements in a bid to attract more foreign tourists to the country.

Today’s edition of Skift’s daily podcast looks at declining rural tourism, expectations for American Air, and travel carbon footprints.