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Posted on: June 6th, 2008 by Neill Zerk
Already in 2008 Vietnam tourism has felt a burst of new visitors and is appreciating tourism growth by 16% compared to 2007 within the first four months alone. That percentage translates to 1.7 million tourists landing in Vietnam on holiday or business according to Tourism Vietnam. To support the increase in activity, Vietnam has quickly become a hot bed for new hotel development from well known international brands. These large hotel chains have already started development on hundreds of chains and have more coming down the way.
Accor, a French based hotel operator has the most presence in Vietnam and has been expanding their presence from 8 to more than 20 hotels by the close of 2010. Hyatt International is also one of the international chains trying cash in on Vietnams tourism boost by increasing their market share with a new construction close to Danang which is Vietnams 4th largest city. Often considered overlooked by tourists, Danang is expected to become one of the key tourist attracting in Vietnam thanks to its beautiful beaches as well as its proximity to Marble Mountains and various World Heritage Sites. Crown Plaza has also decided to enter the Vietnam market by also developing a new resort in Danang. Crown Plaza will be developing on China Beach another one of Vietnams must stop locations for tourists.
The increase in tourism and new hotel development is greatly welcomed and is expected to provide a large boost to the local economies throughout Vietnam.
