savills hotels asia pacific Tag

Tourism-related firms face bankruptcy due to pandemic

Many tourism-related firms that have borrowed from banks are facing foreclosure due to the latest outbreak of COVID-19 infections. Hoi An ancient city in the central...

Travel3 years ago

Tourism industry predicted to recover rapidly after COVID-19

Hit hardest by the COVID-19 pandemic, Vietnam’s tourism sector is likely to be one of the first to recover strongly after the pandemic is brought under...

spirited bidding battle expected in hospitality

Business3 years ago

Spirited bidding battle expected in hospitality

Cash flow shortages could put several hospitality developers in Vietnam into financial pressure, forcing them to offer their projects for sale. As tourists look for an...