Star hotel room rate rebounds in Vietnam: survey
Source: Xinhua   2018-07-10 23:54:54

HANOI, July 10 (Xinhua) -- The average room rate for five-star hotels in Vietnam in 2017 recovered from a 2.2-percent decline from the previous year, picking up 4.2 percent to 107.6 U.S. dollars, according to a recent survey by U.S.-based audit, tax, and advisory service provider Grant Thornton.

Four-star hotels experienced a similar trend, seeing their rates climb 1 percent to 75.2 U.S. dollars last year, Vietnam News Agency on Tuesday quoted the Hotel Survey 2018 by Grant Thornton as saying.

The revenue per available room continued to go up in both star categories, with a 7.6-percent rise at four-star hotels and a 10.2-percent rise in five-star hotels. The revenue per available room growth last year was lower than that of 2016 at four-star hotels, while much higher in the five-star category.

Revenue structure varied among Vietnam's northern, central, and southern regions. In the south, revenue from added services increased while that from rooms dropped. Visitors spent more money in dining services in central and southern Vietnam than in the north. In addition, domestic tourists appeared to spend more at hotels and resorts in the north than foreigners.

The survey also found that holidaymakers and visitors travelling in a group accounted for 60 percent of guests at luxury hotels. Those on business trips slight rose by 0.5 percent.

Vietnam plans to receive 16-17 million foreign visitors and 78 million domestic ones, and reap tourism revenues of 27.5 billion U.S. dollars in 2018, according to the Vietnam National Administration of Tourism.

Editor: Mu Xuequan
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Star hotel room rate rebounds in Vietnam: survey

Source: Xinhua 2018-07-10 23:54:54
[Editor: huaxia]

HANOI, July 10 (Xinhua) -- The average room rate for five-star hotels in Vietnam in 2017 recovered from a 2.2-percent decline from the previous year, picking up 4.2 percent to 107.6 U.S. dollars, according to a recent survey by U.S.-based audit, tax, and advisory service provider Grant Thornton.

Four-star hotels experienced a similar trend, seeing their rates climb 1 percent to 75.2 U.S. dollars last year, Vietnam News Agency on Tuesday quoted the Hotel Survey 2018 by Grant Thornton as saying.

The revenue per available room continued to go up in both star categories, with a 7.6-percent rise at four-star hotels and a 10.2-percent rise in five-star hotels. The revenue per available room growth last year was lower than that of 2016 at four-star hotels, while much higher in the five-star category.

Revenue structure varied among Vietnam's northern, central, and southern regions. In the south, revenue from added services increased while that from rooms dropped. Visitors spent more money in dining services in central and southern Vietnam than in the north. In addition, domestic tourists appeared to spend more at hotels and resorts in the north than foreigners.

The survey also found that holidaymakers and visitors travelling in a group accounted for 60 percent of guests at luxury hotels. Those on business trips slight rose by 0.5 percent.

Vietnam plans to receive 16-17 million foreign visitors and 78 million domestic ones, and reap tourism revenues of 27.5 billion U.S. dollars in 2018, according to the Vietnam National Administration of Tourism.

[Editor: huaxia]
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