Home   »   Property News   »   Danang hotel supply increases sharply
Danang hotel supply increases sharply

According to CBRE Vietnam, hotel sector in Danang recorded positive movements in early movements in first months of 2015. About supply, there was a total of 323 rooms from 3-star hotel segment in Q1-2015, increasing the total supply of 3-to-5-star hotel to 8,300 rooms, in which 5-star hotel segment accounted the highest of 32pct. Duong Thuy Dung, Deputy Head of CBRE Vietnam, the changes of hotel supply between seaside areas and in the city were due to Dragon Bridge and Tran Thi Ly Bridge that help shorten the distance between seaside areas and the central area of the city, stimulating the development of seaside hotel projects.