27-Jan-2021 Intellasia |
HCM Metropolis’s common resort occupancy charges dropped 54 proportion factors year-on-year to twenty % final 12 months as Covid-19 journey restrictions hit overseas arrivals, a report says.
Over 3,600 resort rooms have been closed final 12 months because the variety of overseas vacationer arrivals plunged 85 % to 1.3 million, in response to actual property consultancy Savills.
Common room charges fell 29 % to $61 per evening, the report stated. Complete provide fell 5 % year-on-year to fifteen,200 rooms in 111 resorts.
The event of Covid-19 vaccines will assist the business enhance over the subsequent two years and it’s anticipated to make a full restoration by 2024, the report stated.
Vietnam halted all worldwide flights from March 25 in an unprecedented transfer to stem the unfold of the novel coronavirus.
Class: Enterprise, Vietnam
Article supply: https://www.intellasia.internet/hcm-city-hotel-occupancy-hits-record-low-861953