Articles tagged “vietnam”

There appears to be a growing chorus of voices saying they are not able to completely delist themselves from Agoda, which begs the question why they want to do so in the first place.

After Indonesia, Vietnam turns out to be the next big playground in Southeast Asia for Oyo, which is targeting 20,000 rooms in the country by the end of 2020. But the more Oyo rooms multiply like rabbits, the more people want to know about the real returns on investment.

The Vietnamese are known for their entrepreneurial spirit. A growth spurt in homesharing listings shows how eagerly they have sought a share of the tourism boom. But yields are falling even as the supply of homes and hotels are continuing to increase. Crunch time is near or perhaps even here.

Europe is the top growing source for Asia-Pacific, and it’s not because of growth from Asia’s traditional European markets such as the United Kingdom. It’s because of a huge spike in Russian arrivals. And Vietnam benefits.

It takes a retail personality to air the dirty laundry of Thai tourism. No one will be offended; it’s all an open secret. Supaluck Umpujh, at least, is doing something about it, partnering with AEG to make Thailand a regional entertainment hub.

A pending 40 percent increase in room supply should keep investors at bay, you would think. But Vietnam still attracts them like flies. Development is off the charts. Here's why.

Luxury travel advisors are experts at planning a five-star vacation for their clients, but agents are more frequently being asked to add a more local element to their plans. A lot of behind-the-scenes work goes into making sure these experiences go off without a hitch.

Hanoi's economy is improving considerably, and tourism is growing, but for Vietnam's capital city to best position itself to develop as a responsible tourism destination, a change in mindset must occur. And that change needs to come from the young Vietnamese of today.

Startup Triip is now doing the reverse of unicorn Airbnb: Triip is adding lodging to experiences, powered by Booking.com. But it remains to be seen if this move will be enough to enable Triip to retain its novelty.

As the world's fastest-growing region for tourism it's a good sign that some Asian countries can expect to see healthy travel and tourism investment during the next 10 years. But a number of factors could alter these projections, particularly the Chinese market, as more global tourism trends are tested in this region.