Hochiminh City has 20 new hotels every month

Hochiminh City (HCMC) as the country’s biggest tourism center had an average of over 20 new hotels entering the market each month in the year’s first half with a total number of new hotels in this period amounting to 130.

Besides, the number of new travel agencies increased as many as last year, said Truong Vinh Tho, head of the Hotel Division under the HCMC Department of Culture, Sports and Tourism.

Most of new hotels are of one and two stars, with an average of ten rooms for one-star hotels and 20 rooms for two-star ones, he said.

“Investors of these hotels are mainly individuals, and such hotels are operated pretty well,” said Tho.

HCMC is having up to 990 hotels with over 28,900 rooms in total.

The occupancy rate of three- to five-star hotels in the first six months was 67%, dropping by 3 percentage points from the same period last year, and the average room price of three- to five-star hotels was around VND1.95 million.

In addition, there were 35 new travel firms providing international tourism services in the first half, which is equivalent to the rise of last year.

HCMC has accounted for more than half of travel firms nationwide with 435 firms.

According to the department, the number of international tourist arrivals in the first six months rose to nearly 1.82 million, up 10% from the same period last year, while the total tourism revenues were around VND34 trillion with a year-on-year rise of 15%.

 Source: The Saigon Times

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