Taking the right approach to the condotel legislation conundrum

Taking the right approach to the condotel legislation conundrum

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.
Fingers crossed for new real estate dawn

Fingers crossed for new real estate dawn

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.
Hoteliers fight to exit pandemic quandary

Hoteliers fight to exit pandemic quandary

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.
Resort investment on the rise with post-pandemic prospects

Resort investment on the rise with post-pandemic prospects

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.