VIETNAM ACCOMMODATION INDUSTRY

According to UNWTO, in 2017, the number of international tourists increased by 7% and was the highest increase in seven years, estimated at 1.3 billion people. In 2018, the UNWTO forecasts that the number of international visitors will increase by 4 to 5%.

In 2012 and 2013, the global accommodation industry will decline sharply due to the economic downturn, and from 2014 until now, the global economy is gradually recovering and growing again. The tourism and travel market is also gradually regaining growth and a strong driving force for the hospitality industry. In 2017, the accommodation industry grew by 2.5% and was forecast to grow by 3.7% in 2018.

In 2026, the growth rate of the tourism and travel industry is forecast to still maintain well thanks to the positive outlook of the world economy. It is forecast that the industry will directly contribute about USD x,xxx billion to the world GDP, generating 135.88 million direct jobs, the value of international visitors will reach USD x,xxx billion, the investment in the industry will reach about 1,254.2 billion USD. The growth of tourism and travel industry will be the main driving force for the development of the world’s accommodation industry. Therefore, in the future, the accommodation industry is expected to have positive prospects.

Vietnam is one of the fastest growing travel destinations in Southeast Asia. Travel to Vietnam in the first 6 months of 2018 brought total revenue of xxx trillion VND, up 22.5% over the same period in 2017. In the first half of 2018, China remained the country with the biggest number of tourists in Vietnam with 2.57 million visitors, up 36.1% over the same period last year. In the first two months of 2018, two major markets are Hanoi and Ho Chi Minh City remained stable compared to Q1. Supply, capacity as well as rental rates did not change significantly.

 

 

Report Summary
1. Business Environment
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Free Trade Agreements
2. The world tourism and travel industry and The world accommodation service industry
2.1 The world tourism and travel industry
2.1.1 The world tourism and travel industry scale
2.1.2 Situation of the world tourism and travel industry
2.2 The world accommodation service industry
2.2.1 The world accommodation service industry scale
2.2.2 Situation of the world accommodation service industry
2.2.3 Situation of the accommodation service industry in some regions in the world
2.2.4 Top enterprises in the world 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 Typical enterprises
3.7 Typical accommodations
4. Risks and challenges
4.1 Risks
4.2 Challenges
4.3 SWOT Analysis
5. Planning and Outlook of development
5.1. Planning
5.2. Outlook of development
6 Enterprise analysis
6.1 Overview of the enterprises in the industry
6.2 Profitability
6.3 Liquidity
6.4 Solvency
6.5 Performance efficiency
6.6 Return on investment ratios
Appendix

HAINS CARAVELLE HOTEL JOINT VENTURE COMPANY LTD
SILVER SHORES LTD
GRAND PLAZA HANOI HOTEL CO., LTD
NGU HANH SON BEACH JSC
LOTTE HOTEL VIETNAM (Ltd)
SONGHONGTHUDO GROUP.,JSC
LAGUNA, LTD
SG RIVERSIDE HOTEL CO.,LTD
MUONGTHANH GROUP, JSC
INDOCHINA CENTURY 21 RESORT COMPANY LIMITED

List of figures
Figure 1: GDP growth rate by quarter, 2015 – Q2/2018
Figure 2: GDP by current price and GDP per capita, 2013-6Ms/2018
Figure 3: Structure of GDP by current price, 6Ms/2018e
Figure 4: Contributions to economy growth in the first 6 months by sectors, 2016-2018
Figure 5: FDI Capital, 2014 – Q2/2018e
Figure 6: FDI attraction by sector, 6Ms/2018
Figure 7: Workforce structure by sectors, 2017e
Figure 8: Number of labors in service industry in Vietnam, 2014 – 2017e
Figure 9: VND/USD exchange rate, 2013-6/2018
Figure 10: USD/CNY exchange rate, 2016 – 6/2018
Figure 11: World Tourism Market Revenue, 2010 – 2016
Figure 12: Labor structure of the world tourism and travel industry, 2016
Figure 13: Contribution of the Tourism and Travel industry to global GDP, 2010-2017
Figure 14: Top countries have the most important contribution to the global GDP, 2016, 2027e
Figure 15: Contribution to globally economic growth by sectors, 2016
Figure 16: Export value of the world tourism and travel industry, 2011 – 2017e
Figure 17: Investment into the tourism and travel industry, 2011 – 2017e
Figure 18: Structure of the contribution to the world tourism and travel industry, 2017
Figure 19: The world visitor volume, 2013 – 2017e
Figure 20: Growth rate of visitors volume by region, 2017e
Figure 21: Structure of visitor volume by region, 2016
Figure 22: Structure of outbound travelling expenditure by country, 2016
Figure 23: Direct contribution of the tourism and travel industry to Chinese GDP, 2011 – 2017e
Figure 24: Number of international visitors to China, 2011 – 2017e
Figure 25: Average revenue from each room in global hotels, by region, 2008 – 2016
Figure 26: The scale of the world hospitality industry, 2014 – 2016
Figure 27: Growth rate of revenue from each room in global hotels, by region, 2017e
Figure 28: Overview of the world accommodation service industry in different regions, 2017
Figure 29: Growth of the world hospitality industry, 2010 – 2018e
Figure 30: Hotel occupancy rate by region over the world, 2015 – 2017
Figure 31: Investment capital in the world accommodation service industry by region, 2016 – 2018e
Figure 32: Number of rooms in hotels and accommodations over the world, 2014 – 2025f
Figure 33: Important markets of the accommodation service industry in Asia-Pacific
Figure 34: Average growth rate of revenue per room in the USA in 2017, compared with 2016
Figure 35: Typical enterprises in the world hospitality industry, 2016
Figure 36: Number of visitors to Vietnam, 2011-6Ms/2018
Figure 37: Structure of visitors to Vietnam, 2018f
Figure 38: Top 10 countries that have visitors to Vietnam the most, 6Ms/2018
Figure 39: Number of foreign visitors to Hanoi, 2014-2017
Figure 40: Number of foreign visitors to Da Nang, 2013-2017
Figure 41: Number of foreign visitors to Ho Chi Minh City (HCMC), 2013-6Ms/2018
Figure 42: Accommodation purposes, 2016
Figure 43: Accommodation purposes, 2017
Figure 44: The Tourism market revenue, 2000-6Ms/2018
Figure 45: Structure of tourism revenue by channels, 2013-2017
Figure 46: Number of enterprises in accommodation service industry, 2010-2016
Figure 47: Structure of enterprises in accommodation service industry by region, 2016
Figure 48: Number of labors in the accommodation service industry, 2010-2016
Figure 49: Total investment capital of the accommodation service industry, 2010-2016
Figure 50: Total fixed assets of the accommodation service industry, 2010-2016
Figure 51: Revenue of the accommodation service industry, 2010-2016
Figure 52: Structure of revenue of the accommodation service industry, 2014-2017
Figure 53: Structure costs and profit on revenue, 2015-2017
Figure 54: Structure costs and profit to revenue by segment, 2017
Figure 55: Structure of unallocated activity-based expenses, 2015-2017
Figure 56: Profit of the accommodation service industry, 2010-2016
Figure 57: Average revenue and cost per employee, 2010-2016
Figure 58: Structure of booking room channels,2017
Figure 59: Number of accommodations over the country, 2006-2017
Figure 60: Number of rooms over the country, 2006-2017
Figure 61: Number of accommodations of 3-star and above, 2013-2017
Figure 62: Supply of accommodations of 3-star and above, 2013-2017
Figure 63: Number of hotels in some key tourism destinations, 2017
Figure 64: Number of hotels in Hanoi, Q1/2016 – Q2/2018
Figure 65: Number of hotels in HCMC, Q1/2016 – Q2/2018
Figure 66: Supply of hotels in Da Nang, 2017
Figure 67: Supply of condotels in Da Nang, 2017
Figure 68: Supply of resort vilas in Danang, 2017
Figure 69: Supply of resort villas in some important destinations, 2017
Figure 70: Supply of 4-star-and-above hotels in some important destinations, 2017
Figure 71: Supply of condotels in some important destinations, 2017
Figure 72: Average room capacity over the country, 2006-2017
Figure 73: Operating capacity of 4-star and 5-star segments, 2014-2017
Figure 74: Operating capacity in Hanoi market, Q1/2015-Q2/2018
Figure 75: Operating capacity in Hanoi by segment, Q2/2018
Figure 76: Operating capacity of some large hotels in Hanoi, 2017
Figure 77: Operating capacity in HCMC, Q1/2015-Q2/2018
Figure 78: Operating capacity in HCMC by segment, Q2/2018
Figure 79: Operating capacity of hotels in some important destinations, 2017
Figure 80: Average room hiring price by segment, 2015-2017
Figure 81: Average room hiring price in Hanoi, Q1/2015-Q2/2018
Figure 82: Average room hiring price by segment, Q2/2018
Figure 83: Average room hiring price in HCMC, Q1/2015-Q2/2018
Figure 84: Average room hiring price by segment, Q2/2018
Figure 85: 10 countries that have the highest competitive ability indicators of tourism and travel, 2017
Figure 86: Competitive ability indicators of tourism and travel in Southeast Asia, 2017
Figure 87: Forecast of the world tourism and travel industry growth, 2017e, 2026f
Figure 88: Forecast of value of the world tourism and travel industry, 2026f
Figure 89: Structure of population by class (expenditure), 2013 – 2020f
Figure 90: Disposal income and expenditure of household, 2008 – 2017f
Figure 91: Debit balance of Real Estate Debt, 2012-2017
Figure 92: Structure of Debit balance of Real Estate Debt, 2017
Figure 93: Revenue of the accommodation service industry, 2016-2020f
Figure 94: Net revenue growth, 2016-2017
Figure 95: Gross profit growth, 2017
Figure 96: Liquidity Ratios, 2017
Figure 97: Receivable turnover, 2017
Figure 98: Solvency, 2017
Figure 99: Asset Turnover Ratio, 2017
Figure 100: Fixed Asset Turnover ratio, 2017
Figure 101: Enterprise management expense / Net revenue, 2016-2017
Figure 102: Interest Expense / Net revenue, 2016-2017
Figure 103: Return on investment ratios, 2017

List of tables
Table 1: Some indicators of China tourism and travel industry, 2017e
Table 2: Important markets of the accommodation service industry in Asia-Pacific
Table 3: Top 10 provinces attracting the highest number of visitors, 6Ms/2018
Table 4: Traditional tourism in comparison with online tourism
Table 5: 10 leading international travel enterprises in Vietnam, 2017
Table 6: 10 leading domestic travel enterprises in Vietnam, 2017
Table 7: 10 leading restaurants for tourists in Vietnam, 2017
Table 8: Vietnam Visa Exemption, 2008 – 2017f