The survey shows that hotel developers and operators are now showing renewed interest in the market in the five-star hotel, resort and spa sectors. Such groups include Kingdom Hotels with the Raffles, 4 Seasons and Movenpick brands, Banyan Tree, Colony Resorts and Intercontinental.
With the huge volume of money being channeled into investment funds focused on real estate investment in Vietnam, a number of sales of interest in major hotel properties that took place in the last two years included the Hilton, Sofitel Metropole and Guoman in Hanoi, the Duxton and Omni in HCM City, and the Furama in Da Nang.
