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Billions USD flows to hotel – resort segment

Starting last months of 2013 up to date, Vietnam witnessed many major projects in hotel – resort segment across the country with a total investment of billions USD from both local and foreign investors. According to Robert McIntosh, Executive Director of CBRE Hotels in Asia – Pacific, quality of hotels and infrastructure has been significantly improved in past few years, resulting in a stable tourism market that attracts more and more foreign investors. In addition, political stability, satisfactory economic growth, higher demand of international tourists and positive results in luxury hotel segment are also attractive factors that lure investors into Vietnam’s hotel – resort segment. Therefore, CBRE forecast the market will continue to witness more project transfer and new projects in near future.

 

Source: Cafef