Influx of local travellers feeds vital hotel marketVietnam’s hotel segment continues to attract a great deal of capital to serve the booming tourism sector. Local tourists are now our third-ranking market segment, something we never thought would be possible 10 years ago,” Chisholm said. Tao Quang Nghe, chairman of Odyssea Hospitality, said that there is a growing trend among domestic guests to stay at upscale local and international hotels. More international hotel operators are expanding their presence in Vietnam, which is a positive sign for the development of tourism in the country. According to real estate consultancy firm JLL, hotel investors are keen to capitalize on the Vietnamese market.

Source: VietNamNet News July 24, 2017 05:15 UTC