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Hotel Market in Vietnam 2022-2026

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    Report

  • 120 Pages
  • January 2022
  • Region: Vietnam
  • TechNavio
  • ID: 5534237
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The publisher has been monitoring the hotel market in Vietnam and it is poised to grow by $2.12 bn during 2022-2026, progressing at a CAGR of 14.43% during the forecast period. The report on the hotel market in Vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing affordability and rising disposable income and growing investment in the hotel industry in Vietnam.

The hotel market in Vietnam analysis includes the type and application segments.

The hotel market in Vietnam is segmented as below:


By Type

  • Chain hotels
  • Independent hotels

By Application

  • Tourist accommodation
  • Official business

This study identifies the growing number of foreign tourists as one of the prime reasons driving the hotel market growth in Vietnam during the next few years.

The report on hotel market in Vietnam covers the following areas:

  • Hotel market sizing
  • Hotel market forecast
  • Hotel market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hotel market vendors in Vietnam that include Accor SA, Central Plaza Hotel Public Co. Ltd., Hyatt Hotels Corp., InterContinental Hotels Group, La Siesta Premium Hang Be, Marriott International Inc., Minor International PCL, Muong Thanh Hospitality, SALA DANANG BEACH HOTEL, and Vinpearl. Also, the hotel market in Vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Tourist accommodation - Market size and forecast 2021-2026
  • Official business - Market size and forecast 2021-2026
  • Market opportunity by Application

Market Segmentation by Type
  • Market segments
  • Comparison by Type
  • Chain hotels - Market size and forecast 2021-2026
  • Independent hotels - Market size and forecast 2021-2026
  • Market opportunity by Type

Customer landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Accor SA
  • Central Plaza Hotel Public Co. Ltd.
  • Hyatt Hotels Corp.
  • InterContinental Hotels Group
  • La Siesta Premium Hang Be
  • Marriott International Inc.
  • Minor International PCL
  • Muong Thanh Hospitality
  • SALA DANANG BEACH HOTEL
  • Vinpearl

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2021 - 2026 ($ million)
  • Global market: Year-over-year growth 2021 - 2026 (%)
  • Five forces analysis 2021 & 2026
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2021
  • Application - Market share 2021-2026 (%)
  • Comparison by Application
  • Tourist accommodation - Market size and forecast 2021-2026 ($ million)
  • Tourist accommodation - Year-over-year growth 2021-2026 (%)
  • Official business - Market size and forecast 2021-2026 ($ million)
  • Official business - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Application
  • Type - Market share 2021-2026 (%)
  • Comparison by Type
  • Chain hotels - Market size and forecast 2021-2026 ($ million)
  • Chain hotels - Year-over-year growth 2021-2026 (%)
  • Independent hotels - Market size and forecast 2021-2026 ($ million)
  • Independent hotels - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Type
  • Customer landscape
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Accor SA - Overview
  • Accor SA - Business segments
  • Accor SA - Key offerings
  • Accor SA - Key customers
  • Accor SA - Segment focus
  • Central Plaza Hotel Public Co. Ltd. - Overview
  • Central Plaza Hotel Public Co. Ltd. - Business segments
  • Central Plaza Hotel Public Co. Ltd. - Key offerings
  • Central Plaza Hotel Public Co. Ltd. - Key customers
  • Central Plaza Hotel Public Co. Ltd. - Segment focus
  • Hyatt Hotels Corp. - Overview
  • Hyatt Hotels Corp. - Business segments
  • Hyatt Hotels Corp. - Key offerings
  • Hyatt Hotels Corp. - Key customers
  • Hyatt Hotels Corp. - Segment focus
  • InterContinental Hotels Group - Overview
  • InterContinental Hotels Group - Business segments
  • InterContinental Hotels Group - Key offerings
  • InterContinental Hotels Group - Key customers
  • InterContinental Hotels Group - Segment focus
  • La Siesta Premium Hang Be - Overview
  • La Siesta Premium Hang Be - Product and service
  • La Siesta Premium Hang Be - Key offerings
  • La Siesta Premium Hang Be - Key customers
  • La Siesta Premium Hang Be - Segment focus
  • Marriott International Inc. - Overview
  • Marriott International Inc. - Business segments
  • Marriott International Inc. - Key offerings
  • Marriott International Inc. - Key customers
  • Marriott International Inc. - Segment focus
  • Minor International PCL - Overview
  • Minor International PCL - Business segments
  • Minor International PCL - Key offerings
  • Minor International PCL - Key customers
  • Minor International PCL - Segment focus
  • Muong Thanh Hospitality - Overview
  • Muong Thanh Hospitality - Product and service
  • Muong Thanh Hospitality - Key offerings
  • Muong Thanh Hospitality - Key customers
  • Muong Thanh Hospitality - Segment focus
  • SALA DANANG BEACH HOTEL - Overview
  • SALA DANANG BEACH HOTEL - Product and service
  • SALA DANANG BEACH HOTEL - Key offerings
  • SALA DANANG BEACH HOTEL - Key customers
  • SALA DANANG BEACH HOTEL - Segment focus
  • Vinpearl - Overview
  • Vinpearl - Product and service
  • Vinpearl - Key offerings
  • Vinpearl - Key customers
  • Vinpearl - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the hotel market in Vietnam: Accor SA, Central Plaza Hotel Public Co. Ltd., Hyatt Hotels Corp., InterContinental Hotels Group, La Siesta Premium Hang Be, Marriott International Inc., Minor International PCL, Muong Thanh Hospitality, SALA DANANG BEACH HOTEL, and Vinpearl.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing number of foreign tourists."

According to the report, one of the major drivers for this market is the growing affordability and rising disposable income.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accor SA
  • Central Plaza Hotel Public Co. Ltd.
  • Hyatt Hotels Corp.
  • InterContinental Hotels Group
  • La Siesta Premium Hang Be
  • Marriott International Inc.
  • Minor International PCL
  • Muong Thanh Hospitality
  • SALA DANANG BEACH HOTEL
  • Vinpearl