Hotel Market In Vietnam | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2022-2026
Global hotel market in vietnam is likely to post an incremental growth of $ 2.12 bn, accelerating at a CAGR of 14.43% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.
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Hotel Market In Vietnam: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Type (Chain hotels and Independent hotels) and Application (Tourist accommodation and Official business).
- 0% of the market growth will originate from Africa during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Hotel Market In Vietnam size.
Hotel Market In Vietnam: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Growing affordability and rising disposable income will be a significant factor in driving the growth of the Hotel Market In Vietnam.
- Growing investment in the hotel industry in Vietnam will be instrumental in driving the market growth during the forecast period.
- Climate change and unexpected weather developments is a hurdle that needs to be crossed on the path to success.
Hotel Market In Vietnam: Vendor Analysis
- The market is fragmented.
- 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 are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Hotel Market In Vietnam Split by Type
- Chain hotels
- Independent hotels
- Hotel Market In Vietnam Split by Application
- Tourist accommodation
- Official business
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Competitive scenario
- Vendor landscape
- Landscape disruption
- 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
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 14.43%.
- What is the incremental growth of the market?
The market is expected to grow by $ 2.12 bn through 2022-2026.
- What is a key factor driving this market?
Growing affordability and rising disposable income will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Africa are the key regions featured in this research report.
- Which is the leading geographic region for this market:
0% growth will originate from Africa
- Who are the leading market vendors?
The leading vendors in this market are 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
- What are the market segments covered in this report?
The market is segmented by Type (Chain hotels and Independent hotels) and Application (Tourist accommodation and Official business)