nation wary of covid 19 nuisance from overseas

Nation wary of COVID-19  nuisance from overseas

With over four million confirmed cases and upwards of 270,000 fatalities around the world, there are few signs of the COVID-19 pandemic slowing its rampage across the globe. Meanwhile, Vietnam is facing additional cases imported from outside its borders as the government resumes international flights for Vietnamese citizens stranded abroad.
asian hotel investors pivot to debt financing as owners look to shore up balance sheets

Asian hotel investors pivot to debt financing as owners look to shore up balance sheets

Hotel owners across Asia are seeking greater access to debt financing to bolster cash flows as they face an unprecedented period of historically low occupancy rates, closed borders, and severe limitations on air travel due to the ongoing COVID-19 pandemic.
eastin grand hotel saigon providing value to mice tourism

Eastin Grand Hotel Saigon providing value to MICE tourism

The current tourism trend of global holidaymakers does not focus merely on sightseeing, exploring, and leisure. Many are seeking for partners and business development opportunities from their travels, heading towards meeting, incentive, conference, and exhibition (MICE) tourism.
welcoming leisure travellers with convenience and comfort

Welcoming leisure travellers with convenience and comfort

Located in the important southern economic region, Binh Duong province has been strengthening its position as an industrial hub, attracting a rising number of foreign investors and becoming the home of tremendous tourism potentials on the way to being fully developed.
insight into a recovering hospitality industry

Insight into a recovering hospitality industry

Le Quoc Viet, CEO of hoteljob.vn, has a lot of experience in building and operating hotels after working in tourism for around 15 years. He shared with Timeout’s Hoang Oanh his assessments and views on opportunities and solutions for the hospitality industry to recover from the ongoing pandemic.
paving the way back to vibrant business

Paving the way back to vibrant business

Hospitality was among the first industries to be hit by the side effects of the pandemic and likely will take a while to fully recover. Mauro Gasparotti, director of Savills Hotels Asia-Pacific talked with Timeout’s Bich Ngoc on how this sector in general and the MICE business can recover after the pandemic.
the hotel industry manages to overcome the crisis

The hotel industry manages to overcome the crisis

A hotel’s revenue depends primarily on accommodation services, but in times when there are no guests, many hotels in Vietnam have actively shifted their business and created new products and services to maintain operations.
rex hotel saigon receives safe destination certification

Rex Hotel Saigon receives Safe Destination Certification

In addition to being certified as one of Ho Chi Minh City's safe destinations, Rex Hotel Saigon also offers an exclusive teleconference package this May.
pandemic drives down hotel value

Pandemic drives down hotel value

The prolonged coronavirus emergency has pushed hotel owners to sell off their distressed assets, while having to deal with drops of up to 30 per cent of hotel valuations in the Vietnamese hospitality market.
owners of metropole hanoi proposed for hotel operation extension to 70 years

Owners of Metropole Hanoi proposed for hotel operation extension to 70 years

The Hanoi People’s Committee has just proposed the government to extend the operational duration of boutique hotel Metropole Hanoi to 70 years, surpassing the framework of current regulations.
tourism industry predicted to recover rapidly after covid 19

Tourism industry predicted to recover rapidly after COVID-19

Hit hardest by the COVID-19 pandemic, Vietnam’s tourism sector is likely to be one of the first to recover strongly after the pandemic is brought under control, according to an expert from Savills Vietnam.
vietnam tourism ambassadors

Vietnam tourism ambassadors

Voluntarily registered as free or paid quarantine facilities for the last overseas guests in Vietnam, top hotels and homestays have become the nation’s ambassadors with a hospitable and enthusiastic message from the tourism industry, and the country as a whole, to international friends.
sowing seeds of hope despite heavy losses

Sowing seeds of hope despite heavy losses

Vietnam’s tourism industry has never been hit harder, with recovery expected to come only by the last quarter of the year, if the virus is contained globally. However, as every cloud has a silver lining, hoteliers are proving their endurance in the middle of  adversities.
muong thanh group donates 100 tonnes of rice to fight against covid 19

Muong Thanh Group donates 100 tonnes of rice to fight against COVID-19

On the afternoon of April 9 afternoon, the representative of Muong Thanh Group completed the delivery of 100 tonnes of rice to the Central Committee of the Vietnamese Fatherland Front to support the prevention and control of COVID-19.
jerde introduces newly projects in southeast asia and beyond

JERDE introduces newly projects in Southeast Asia and beyond

JERDE, the iconic and internationally renowned architecture and urban planning firm, is expanding new projects in Southeast Asia, Japan, and Turkey.