Vietnam Hotel Market: Segmentation by Type (Chain Hotels and Independent Hotels) and Application (Tourist Accommodation and Official Trade), Forecast to 2026

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NEW YORK, July 11, 2022 /PRNewswire/ — The Hotel market in Vietnam is segmented into two categories based on the type (chain hotels and independent hotels) and application (tourist accommodation and official company). Market share is expected to grow by $2.12 billion from 2021 to 2026, and the growth momentum of the market accelerate at CAGR of 14.43%

Technavio has announced its latest market research report titled Vietnam Hotel Market by Type and Application – Forecast and Analysis 2022-2026

For more information on market overview and dynamic analysis, Read a sample report

Parent Market Analysis

Technavio categorizes the world Hotel market in Vietnam market within the global restaurant market within the global consumer discretionary market. The external factors influencing the growth potential of the parent market in the coming years have been thoroughly studied in our research analysis, to know more about the growth levels of the hotel market in Vietnam throughout the forecast period, Download sample report.

Hotel market in Vietnam Value chain analysis

Understanding the end-to-end value chain is critical in profit margin optimization and business strategy evaluation. The data available in our value chain analytics segment can help vendors reduce costs and improve customer services over the forecast period.

The hotel market value chain in Vietnam consists of the following basic components:

  • Submissions

  • Inbound logistics

  • Operations

  • External logistics

  • Marketing and Sales

  • Service

  • Support activities

  • Innovation

To unlock information on supplier travel costs and customer service, Ask for a sample report.

Supplier Information

The hotel market Vietnam is fragmented, and vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the most of this opportunity, sellers in the market should focus more on the growth prospects of the fast-growing segment while maintaining their positions in the slow-growing segments.

We provide a detailed analysis of vendors operating in the Hotel Market by Vietnamincluding some providers such as 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

Product information and news

  • Accor SA- The company offers a wide range of hotel brands such as Luxury, Premium, Midscale, Economy and many more.

  • Central Plaza Hotel Public Co. Ltd. – The company offers a wide range of hotels such as Centara Mirage Resort Mui Ne.

  • Hyatt Hotels Corp. – The company brings sophisticated design, handcrafted details and modern conveniences to Park Hyatt Saigon.

The hotel market Vietnam the forecast report offers detailed information about the profiles and offers of the main suppliers Click here for a sample report

Key market dynamics

Growing affordability and increasing disposable income drive the growth of the hotel market in particular Vietnam. The growth is attributable to from vietnam steady economic growth and substantial increase in disposable income per capita. However, some of the main obstacles to the expansion of the global hotel sector in Vietnam are climate change and unforeseen weather events.

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Scope of the hotel market in Vietnam

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 14.43%

Market Growth 2022-2026

$2.12 billion

Market structure

Fragmented

Annual growth (%)

1:44 p.m.

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

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

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by application

  • Market segments

  • Comparison by application

  • Tourist accommodation – Market size and forecast 2021-2026

  • Official Enterprise – Market Size and Forecast 2021-2026

  • Market Opportunity by Application

Market segmentation by type

  • Market segments

  • Comparison by type

  • Chain Hotels – Market size and forecast 2021-2026

  • Independent Hotels – Market size and forecast 2021-2026

  • Market Opportunity by Type

Customer landscape

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Supplier Landscape

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Accor SA

  • Central Plaza Hotel Public Co. Ltd.

  • Hyatt Hotels Corp.

  • InterContinental Hotel Group

  • La Siesta Premium Hang Be

  • Marriott International Inc.

  • PCL international minor

  • Muong Thanh hospitality

  • HOTEL SALA DANANG BEACH

  • Winepearl

Annex

About Us:

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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