Tourism property sector has great potential for growth: forum | # AsiaNewsNetwork - News Summed Up

Tourism property sector has great potential for growth: forum | # AsiaNewsNetwork


Hà Mạnh Tiến, chairman of the Việt Nam Association of Corporate Directors, told the 2019 Việt Nam Tourism Property Forum that the tourism industry had been growing at 30-40 per cent annually in recent years, among the fastest in the world. Việt Nam received 15.5 million international visitors last year and the number is expected to reach 18 million this year. He said the tourism property market had been exploding and attracting a flood of domestic and international investors. "The country needs to have 650,000-700,000 rooms by 2020, 950,000-1.05 million rooms by 2025 and 1.3-1.45 million rooms by 2030," he said. For instance, a tourism property project could become a complex and be associated with things like a casino, sports, events, and others, he added.


Source: Viet Nam News April 08, 2019 02:26 UTC



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