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VIETNAM HOTELS Ho Chi Minh City Pipeline of 3,506 Rooms

Category: Hotels, Posted:31 Jan 2010 | 06:00 am

Talking to Mark Townsend of CBRE Vietnam is always entertaining and enlightening. In his own words "Asia is no long emerging, it has arrived." Mark has just updated us on the HCMC (aka Saigon pipeline) which has 12 new international standard hotels being developed with 3,506 rooms over the next four years.
Interesting two new limited service IBIS hotels are coming up in the emerging budget + economy tier in District 1 and 7. Local developers continue to move to a more dominant position as there are increasingly a number of Vietnamese looking to develop brands taking up a trend we have seen here in Thailand.
An influx of smaller non star rated hotels though do pose a danger of oversupply and an emerging trend to properties being located in business parks and mixed use developments.

Other News

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PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]
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Lonely Planet. Ultimate Vacation Homes. More Phuket Meds

Category: Tourism, Posted:07 Oct 2021 | 21:02 pm It’s Friday and we have a trio of video insights for you. Listen to an intriguing talk with Joe Cummings who is behind the first Lonely Planet Thailand guidebooks. Hear seven short real estate talks on the latest trends. And then, how is Thanyapura looking to expand their medical footprint across Phuket. Right here. Right […]
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Two Neil’s For Six Senses

Category: Hotels, Posted:03 Oct 2021 | 17:35 pm Veteran Asia-Pacific hotelier Neil Palmer has been named Chief Operating Officer of Six Senses Hotels Resorts Spas. Palmer is best known as a stalwart executive at Starwood Hotels & Resorts. Meanwhile, Neil Jacobs continues in his role as Chief Executive Officer. Former Six Senses COO Guy Heywood has moved to boutique chain Habitas Hotels.