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Accommodation Service Standard Report Q1/2020

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  • 88 Pages
  • April 2020
  • Region: Global
  • Vietnam Industry Research And Consultant (PI)
  • ID: 5023153

Over the past decade, tourism has become more and more accessible to the people of the world. Therefore, the tourism industry has developed strongly, especially in recent years. The tourism industry in recent years has been the driving force for the growth of the number of accommodation establishments. The number of hotel rooms and rooms in the world tends to grow continuously over the years in the period of 2014 - 2025f. Currently, there are more than 700,000 hotels and resorts scattered across the globe.

Vietnam is one of the fastest growing tourist destinations in Southeast Asia thanks to many favorable factors such as the growth in the number of tourists, new hotel brand names entering the market, relaxed visa policy along with the development of infrastructure. In the first 9 months of 2019, the number of international visitors to Vietnam increased by xx% over the same period in 2018. The total revenue from tourists increased xx% over the same period last year.

Thanks to the development of the domestic tourism industry in the past years, the number of businesses providing accommodation services has also been growing steadily every year. In the period of 2010-2017, the number of businesses operating in the hospitality industry achieved an annual compound growth of xx%.

In Q4/2019, the supply of Hanoi and Ho Chi Minh City did not have much volatility. The supply decreased slightly in Hanoi and remained stable in HCM.City. The average operational capacity and rental prices of Hanoi and HCM.City markets in Q4/2019 recorded a strong increase in all segments thanks to the key tourist season of the two cities. The key tourist cities such as Da Nang, Nha Trang and Phu Quoc all had quite high levels of operational capacity.

Table of Contents

AbbreviationReport summary
1. Business Environment
1.1 Macroeconomic situation
1.2 Legal framework
2. Global tourism and travel industry and accommodation service industry
2.1 Global tourism and travel industry
2.1.1 Global tourism and travel industry scale
2.1.2 Situation of the world tourism and travel industry
2.2 Global accommodation service industry
2.2.1 Global accommodation service industry scale
2.2.2 Situation of global accommodation service industry
3. Vietnam accommodation service industry
3.1 Situation of the tourism and travel industry
3.2 Overview of the accommodation service industry
3.3 Supply
3.4 Operating capacity
3.5 Room hiring price
3.6 SWOT analysis
3.7 Planning
3.8 Driving forces
4. Enterprise analysis
4.1 Enterprise overview
4.2 Financial analysis
5. Appendix

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Saigon Stec Co.,Ltd
  • Intel Products Vietnam Co., Ltd
  • Foster Electric Vietnam Co. Ltd
  • Hosiden Vietnam Co. Ltd
  • Haesung Vina Co. Ltd
  • Meiko Vietnam Co. Ltd
  • Hanoi Doosung Tech Co. Ltd
  • Sumidenso Vietnam Co. Ltd