Figures | Creating Resilience

Vietnam Hotel Figures Q4 2021

March 18, 2022

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  • Overall hotel performance continues to be hit hard by the COVID-19 pandemic.
  • In HCMC, ADR of 4-5-star hotels recorded at US$72.4/room/night, decreased by 20.6% y-o-y in 2021 . However, there was an increase in occupancy rate of 28.5%, up 3.6 ppts y-o-y.
  • ADR of Hanoi 4-5-star hotels in 2021 was US$95.5/room/night, decreased by 5.7% y-o-y. The occupancy rate was also recorded a decline of 30.6%, down 4.5 ppts y-o-y
  • After more than 24 months closing the borders, Vietnam has welcomed the first foreign visitors since November 2021.
  • Seven local areas have been piloted to welcome international tourists (from North to South): Quang Ninh, Quang Nam, Da Nang, Khanh Hoa,  Binh Dinh, Ho Chi Minh City, Kien Giang – Phu Quoc island city.
  • Vietnam has resumed international flights to nine countries in January 2022 including the United States, Singapore, Thailand, Laos, Cambodia, Japan, South Korea, China, and Taiwan.
  • Vietnam hits 79.1 million doses of COVID-19 vaccines with more than 80% of the population have been vaccinated, in which, around 79% of Vietnamese people have been fully vaccinated.