May 19, 2022 | 17:17
The absence of legislation and clarity regarding condotel ownership has been a significant obstacle for property developers and the hospitality sector. In the last 7-10 years, there was a significant amount of investment in condotel products, mainly in resort areas alongside villas and hotels. These multi-segment developments have often been funded by the presale of villas and condotel units.
April 07, 2022 | 15:00
A series of large-scale resort ventures unveiled in the first three months of this year has illustrated the positive signs of recovery from more than two years of pandemic impact on the resort and hospitality sector in Vietnam.
July 23, 2021 | 16:30
Social distancing measures being enforced during the current pandemic has significantly changed the way people interact, and thus created an unprecedented crisis for the hospitality sector across the globe.
July 07, 2021 | 16:23
Though the tourism industry has been hit hard, project developers and financiers are preparing for the comeback of the industry. Many investors of small- and medium-sized ventures are now looking into combined service projects, instead of focusing on the hospitality sector or individual products like before.