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Hotel tourism investment to grow strongly in future

Many property consulting firms say that the investment potential in Vietnam hotel market still has very large room. Duong Thuy Dung, Director of Research and Consulting at CBRE Vietnam, says that villa, resort and hotel projects in coastal cities are still continuing to attract investors thanks to profitability. For example, Danang in 2016 recorded over 5,000 condotels launched for sale. Therefore, CBRE forecasts that 2017 will see more capital flows pour in Vietnam hospitality market.