Vietnam experienced a 30% increase in international tourist arrivals in 1Q25, year-over-year. That puts it sixth globally and first in the APAC region. Plus hotel development news...
Vingroup Corporation started construction of Lang Van resort at the foot of Hai Van pass (DaNang, Vietnam) with an investment capital reported at about $1.6 billion USD.
The global hotel industry continues to expand, with IHG celebrating its 50th year in China while Mandarin Oriental plans a $100 million renovation in Hong Kong.