HANOI HOTEL & TOURISM MARKET
Requir eme nt for Hotel Rooms (2 00 5 - 2 0 2 0)
Hote l - F utur e S upply
30,000
Inter-Continental
2008
25,000
Dan Chu Hotel
2007
2007 Hanoi Sofitel
Metropole
2007 Dong Loi Hotel
20,000
20,715
15,000
10,000
11,076
5,530
5,000
2007
Hoan Kiem Hotel
4,924 6,285
3- to 5-star 1- to 2-star
4,170
0
0
50
100
150
200
250
300
350
Rooms
Market Highlights:
- High occupancy rate
- 390 new 3 to 5 star hotel rooms in 2007
- 2 licenses were granted in early Q1/2007 to build 2
5-star hotels in My Dinh area
CB Richard Ellis | Page 68
Actual Hotel Rooms as at 2005
Others
Hotel Rooms Requirement as at 2020-2005
Hotel Market Outlook:
- Hot market for investors, foreign investment funds …
- High occupancy rate
- Limited supply
- High demand
- Increasing number of int’l visitor arrivals
- More high quality hotels required
- Tourism industry has significant impacts on property
sector (hotel, retail & second-home projects)