Asia Market Research

The ongoing Covid-19 pandemic has had a lasting impact on global society and economy, and the hotel industry is among the hardest hit with many hotels unable to maintain profitable operation and have closed its doors. But behind every challenge are new opportunities. The recovery after Covid-19 had already begun in some countries including Vietnam. It may take years for tourism to recover to the pre-pandemic level, but it certainly will. By then, investors with the most in-depth understanding of the market will be well equipped to take advantage of the new competitive landscape.

Grant Thornton Vietnam is pleased to release our seventeenth annual Hotel Survey Report. We are grateful to have received generous supports from participating hotels, especially during this unprecedented time.

Due to difficulties related to the impact of Covid-19, we have decided to release this year’s report in a short-form format. We believe that this format would help readers to focus on the most relevant data of Vietnam’s hotel market for the financial year 2019 collected from a range of Vietnamese upscale hotels and resorts.

Grant Thornton’s Hotel Survey 2020

The ongoing Covid-19 pandemic has had a lasting impact on global society and economy, and the hotel industry is among the hardest hit with many hotels unable to maintain profitable operation and have closed its doors. But behind every challenge are new opportunities. The recovery after Covid-19 had already begun in some countries including Vietnam. It may take years for tourism to recover to the pre-pandemic level, but it certainly will. By then, investors with the most in-depth understanding of the market will be well equipped to take advantage of the new competitive landscape.

Grant Thornton Vietnam is pleased to release our seventeenth annual Hotel Survey Report. We are grateful to have received generous supports from participating hotels, especially during this unprecedented time.

Due to difficulties related to the impact of Covid-19, we have decided to release this year’s report in a short-form format. We believe that this format would help readers to focus on the most relevant data of Vietnam’s hotel market for the financial year 2019 collected from a range of Vietnamese upscale hotels and resorts.
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This report was provided by Grant Thornton Vietnam. For more information on Grant Thornton Vietnam, visit their website at: https://www.grantthornton.com.vn/vi/