According to CBRE Vietnam’s recent study, profit rate of investment in hotel is by 2 – 3% higher than the ones in office and retail space. Despite the stagnation in the real estate sector, the hotel market in Hanoi and Ho Chi Minh City has seen an impressive growth over the years with the number of room occupants rising by 5-10 percent over 2010. Mr. Robert McIntosh, CBRE Hotels Asia Pacific Executive Director, said potential for investing in hotels in Vietnam is promising, especially for investors who target long term growth. And 3-star hotel market will create opportunities for investors who are seeking high profits to easily join hotel industry.
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Publication: Sai Gon Tiep Thi