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HCM City hotel occupancy hits record low | China Breaking News | Top Stories | Political | Business | Entertainment

January 28, 2021
in CHINA
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27-Jan-2021 Intellasia |
Vnexpress |
7:22 AM

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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.

https://e.vnexpress.internet/information/enterprise/financial system/hcmc-hotel-occupancy-hits-record-low-4224831.html

 

Class: Enterprise, Vietnam


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Article supply: https://www.intellasia.internet/hcm-city-hotel-occupancy-hits-record-low-861953

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