The future looks bright for
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Tourism growth is considered a main contributor to the development of resort real estate, which is becoming an attractive investment channel in the country.
The number of international visitors to
The momentum is fuelled by the rapid development of infrastructure, low-cost airlines; e-visa registration programme for 40 countries and visa exemptions for five European countries; domestic consumption; and the Government’s moves to encourage and promote tourism, and contributions from private investors.
According to Mauro Gasparotti, Director of Savills Hotels Asia Pacific,
More and more domestic and foreign investors are interested in
Gasparotti said resort real estate is always considered an attractive segment for investors due to its stable growth.
The growth will continue in 2019 and become even stronger thanks to new global trends such as information technology which can further promote the development of tourism.
Experts said
The market will receive a wave of new projects with international brands coming into operation such as Movenpick Cam Ranh and Melia Ho Tram.
According to Gasparotti, his firm encourages investors to research new trends and products that do not have much presence in the Vietnamese market such as branded residences and select service hotels or resorts with an emphasis on experience services to diversify accommodation options and fill the needs of travellers.
Investors have a positive outlook on
VNA