Accommodation Service Comprehensive Report Q4/2019
VIETNAM ACCOMODATION SERVICE INDUSTRY
Over the past decade, tourism has become more and more accessible to the people of the world. Therefore, the tourism industry has developed strongly, especially in recent years. The tourism industry in recent years has been the driving force for the growth of the number of accommodation establishments. The number of hotel rooms and rooms in the world tends to grow continuously over the years in the period of 2014 - 2025f. Currently, there are more than 700,000 hotels and resorts scattered across the globe.
Vietnam is one of the fastest growing tourist destinations in Southeast Asia thanks to many favorable factors such as the growth in the number of tourists, new hotel brand names entering the market, relaxed visa policy along with the development of infrastructure. In the first 9 months of 2019, the number of international visitors to Vietnam increased by xx% over the same period in 2018. The total revenue from tourists increased xx% over the same period last year.
Thanks to the development of the domestic tourism industry in the past years, the number of businesses providing accommodation services has also been growing steadily every year. In the period of 2010-2017, the number of businesses operating in the hospitality industry achieved an annual compound growth of xx%.
In Q4/ 2019, the supply of Hanoi and Ho Chi Minh City did not have much volatility. The supply decreased slightly in Hanoi and remained stable in HCM.City. The average operational capacity and rental prices of Hanoi and HCM.City markets in Q4/ 2019 recorded a strong increase in all segments thanks to the key tourist season of the two cities. The key tourist cities such as Da Nang, Nha Trang and Phu Quoc all had quite high levels of operational capacity.
Over the past decade, tourism has become more and more accessible to the people of the world. Therefore, the tourism industry has developed strongly, especially in recent years. The tourism industry in recent years has been the driving force for the growth of the number of accommodation establishments. The number of hotel rooms and rooms in the world tends to grow continuously over the years in the period of 2014 - 2025f. Currently, there are more than 700,000 hotels and resorts scattered across the globe.
Vietnam is one of the fastest growing tourist destinations in Southeast Asia thanks to many favorable factors such as the growth in the number of tourists, new hotel brand names entering the market, relaxed visa policy along with the development of infrastructure. In the first 9 months of 2019, the number of international visitors to Vietnam increased by xx% over the same period in 2018. The total revenue from tourists increased xx% over the same period last year.
Thanks to the development of the domestic tourism industry in the past years, the number of businesses providing accommodation services has also been growing steadily every year. In the period of 2010-2017, the number of businesses operating in the hospitality industry achieved an annual compound growth of xx%.
In Q4/ 2019, the supply of Hanoi and Ho Chi Minh City did not have much volatility. The supply decreased slightly in Hanoi and remained stable in HCM.City. The average operational capacity and rental prices of Hanoi and HCM.City markets in Q4/ 2019 recorded a strong increase in all segments thanks to the key tourist season of the two cities. The key tourist cities such as Da Nang, Nha Trang and Phu Quoc all had quite high levels of operational capacity.
Abbreviation
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
3.8 Risks and challenges
Risks
Challenges
SWOT Analysis
3.9 Planning and Outlook of development
Planning
Driving force
Outlook of development
4. ENTERPRISE ANALYSIS
4.1 Overview of the enterprises in the industry
4.2 Financial analysis
Profitability
Liquidity
Solvency
Performance efficiency
Return on investment ratios
Appendix
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
3.8 Risks and challenges
Risks
Challenges
SWOT Analysis
3.9 Planning and Outlook of development
Planning
Driving force
Outlook of development
4. ENTERPRISE ANALYSIS
4.1 Overview of the enterprises in the industry
4.2 Financial analysis
Profitability
Liquidity
Solvency
Performance efficiency
Return on investment ratios
Appendix
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: Traditional tourism in comparison with online tourism
Table 4: 10 leading international travel enterprises in Vietnam, 2018
Table 5: 10 leading domestic travel enterprises in Vietnam, 2018
Table 6: 10 leading restaurants for tourists in Vietnam, 2018
Table 7: 10 leading 5-star hotels in Vietnam, 2017
Table 8: 10 leading 4-star hotels in Vietnam, 2017
Table 9: 10 leading 3-star hotels in Vietnam, 2017
Table 10: Vietnam Visa Exemption, 2018
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: Traditional tourism in comparison with online tourism
Table 4: 10 leading international travel enterprises in Vietnam, 2018
Table 5: 10 leading domestic travel enterprises in Vietnam, 2018
Table 6: 10 leading restaurants for tourists in Vietnam, 2018
Table 7: 10 leading 5-star hotels in Vietnam, 2017
Table 8: 10 leading 4-star hotels in Vietnam, 2017
Table 9: 10 leading 3-star hotels in Vietnam, 2017
Table 10: Vietnam Visa Exemption, 2018
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: GDP structure at current prices, 9M/2019
Figure 3: Contribution of accommodation and catering services to GDP, 2014-2018
Figure 4: VND/USD exchange rate, 2011 - 9/2019
Figure 5: USD/CNY exchange rate, 2016 - 9/2019
Figure 6: World Tourism Market Revenue, 2010 - 2017
Figure 7: Labor structure of the world tourism and travel industry, 2016
Figure 8: Contribution of tourism and tourism to world GDP, 2010 - 2018
Figure 9: Contribution to globally economic growth by sectors, 2018
Figure 10: Top countries have the most important contribution to the global GDP, 2018, 2027e
Figure 11: Investment into the tourism and travel industry, 2011 – 2027f
Figure 12: Export value of the world tourism and travel industry, 2011 – 2027f
Figure 13: Structure of the contribution to the world tourism and travel industry, 2018
Figure 14: The world visitor volume, 2013 - 2018e
Figure 15: Growth rate of visitors volume by region, 2018e
Figure 16: Structure of visitor volume by region, 2018
Figure 17: Structure of outbound travelling expenditure by country, 2018
Figure 18: Direct contribution of the tourism and travel industry to Chinese GDP, 2011 - 2017e
Figure 19: Number of international visitors to China, 2011 - 2017e
Figure 20: The scale of the world hospitality industry, 2014 - 2016
Figure 21: Average revenue from each room in global hotels, by region, 2008 – 2016
Figure 22: Growth of the world hospitality industry, 2010 - 2018e
Figure 23: Hotel occupancy rate by region over the world, 2015 - 2017
Figure 24: Investment capital in the world accommodation service industry by region, 2016 - 2018e
Figure 25: Number of rooms in hotels and accommodations over the world, 2014 – 2025f
Figure 26: Typical enterprises in the world hospitality industry, 2016
Figure 27: Number of visitors to Vietnam, 2014-9M/2019
Figure 28: Structure of visitors to Vietnam, 9M/2019
Figure 29: Top 10 countries that have visitors to Vietnam the most, 9M/2019
Figure 30: Number of foreign visitors to Hanoi, 2014- 9M/2019
Figure 31: Number of foreign visitors to Da Nang, 2013-9M/2019
Figure 32: Number of foreign visitors to Ho Chi Minh City (HCMC), 2013-9M/2019
Figure 33: Top countries having the highest development of visitors, 2017
Figure 34: Accommodation purposes, 2017
Figure 35: Accommodation purposes, 2018
Figure 36: The Tourism market revenue, 2009-9M/2019
Figure 37: Structure of tourism revenue by channels, 2013-2018e
Figure 38: Number of enterprises in accommodation service industry,
2010-2017
Figure 39: Structure of enterprises in accommodation service industry by region,
2017
Figure 40: Number of labors in the accommodation service industry,
2010-2017
Figure 41: Total investment capital of the accommodation service industry,
2010-2017
Figure 42: Total fixed assets of the accommodation service industry,
2010-2017
Figure 43: Revenue of the accommodation service industry,
2010-2018
Figure 44: Structure of revenue of the accommodation service industry,
2014-2018
Figure 45: Structure costs and profit on revenue, 2015-2018
Figure 46: Structure of unallocated activity-based expenses, 2015-2018
Figure 47: Structure costs and profit to revenue by segment, 2018
Figure 48: Profit of the accommodation service industry, 2010-2017
Figure 49: Structure of booking room channels, 2017
Figure 50: Structure of booking room channels, 2018
Figure 51: Number of accommodations over the country, 2008-2018
Figure 52: Number of rooms over the country, 2008-2018
Figure 53: Number of accommodations of 3-star and above, 2013-2018
Figure 54: Supply of accommodations of 3-star and above, 2013-2018
Figure 55: Number of accommodation units in the low-end segment, 2016-2018
Figure 56: Supply of low-end segment services, 2016-2018
Figure 57: Number of hotels in some key tourism destinations, 2017
Figure 58: Number of 3-star hotels in some newly popular tourism destinations, 2018
Figure 59: Number of hotels in Hanoi, Q1/2017-Q3/2019
Figure 60 : Number of hotels in HCMC, Q1/2017-Q3/2019
Figure 61: Supply of hotels in Da Nang, Q3/2019
Figure 62: Supply of condotels in Da Nang, Q3/2019
Figure 63: Supply of resort vilas in Danang, Q3/2019
Figure 64: Supply of 4-star-and-above hotels in some important destinations, 2017
Figure 65: Supply of resort villas in some important destinations, 2017
Figure 66: Supply of condotels in some important destinations, 2017
Figure 67: Average room capacity over the country, 2006-2018
Figure 68: Operating capacity of 4-star and 5-star segments, 2014-2018
Figure 69: Operating capacity in Hanoi market, Q1/2016-Q3/2019
Figure 70: Operating capacity in Hanoi by segment, Q3/2019
Figure 71: Operating capacity of some large hotels in Hanoi, 2017
Figure 72: Operating capacity of accomadation service in HCMC, Q1/2016-Q3/2019
Figure 73: Operating capacity in HCMC by segment, Q3/2019
Figure 74: Operating capacity of hotels in some important destinations, 2017
Figure 75: Average room hiring price by segment, 2015-2018
Figure 76: Average room hiring price in Hanoi, Q1/2015-Q3/2019
Figure 77: Average room hiring price by segment, Q3/2019
Figure 78: Average room hiring price in HCMC, Q1/2016-Q3/2019
Figure 79: Average room hiring price by segment, Q3/2019
Figure 80: 10 countries that have the highest competitive ability indicators
of tourism and travel, 2019
Figure 81: Competitive ability indicators of tourism and travel in Southeast Asia, 2019
Figure 82: Disposal income and expenditure of household, 2008 – 2017f
Figure 83: Structure of population by class (expenditure), 2013 – 2020f
Figure 84: Debit balance of Real Estate Debt, 12/2012-12/2018
Figure 85: Structure of Debit balance of Real Estate Debt, 2018
Figure 86: Forecast of the world tourism and travel industry growth, 2017e, 2026f
Figure 87: Forecast of value of the world tourism and travel industry, 2026f
Figure 88: Accommodation service industry revenue, 2016-2022f
Figure 89: Net revenue growth, 2017-2018
Figure 90: Gross profit growth, 2018
Figure 91: Liquidity Ratios, 2018
Figure 92: Receivable turnover, 2018
Figure 93: Solvency, 2018
Figure 94: Asset Turnover Ratio, 2018
Figure 95: Fixed Asset Turnover ratio, 2018
Figure 96: Enterprise management expense/Net revenue, 2017-2018
Figure 97: Interest Expense/Net revenue, 2017-2018
Figure 98: Return on investment ratios, 2018
Figure 99: Interest Expense / Net revenue, 2017-2018
Figure 100: Return on investment ratios, 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: GDP structure at current prices, 9M/2019
Figure 3: Contribution of accommodation and catering services to GDP, 2014-2018
Figure 4: VND/USD exchange rate, 2011 - 9/2019
Figure 5: USD/CNY exchange rate, 2016 - 9/2019
Figure 6: World Tourism Market Revenue, 2010 - 2017
Figure 7: Labor structure of the world tourism and travel industry, 2016
Figure 8: Contribution of tourism and tourism to world GDP, 2010 - 2018
Figure 9: Contribution to globally economic growth by sectors, 2018
Figure 10: Top countries have the most important contribution to the global GDP, 2018, 2027e
Figure 11: Investment into the tourism and travel industry, 2011 – 2027f
Figure 12: Export value of the world tourism and travel industry, 2011 – 2027f
Figure 13: Structure of the contribution to the world tourism and travel industry, 2018
Figure 14: The world visitor volume, 2013 - 2018e
Figure 15: Growth rate of visitors volume by region, 2018e
Figure 16: Structure of visitor volume by region, 2018
Figure 17: Structure of outbound travelling expenditure by country, 2018
Figure 18: Direct contribution of the tourism and travel industry to Chinese GDP, 2011 - 2017e
Figure 19: Number of international visitors to China, 2011 - 2017e
Figure 20: The scale of the world hospitality industry, 2014 - 2016
Figure 21: Average revenue from each room in global hotels, by region, 2008 – 2016
Figure 22: Growth of the world hospitality industry, 2010 - 2018e
Figure 23: Hotel occupancy rate by region over the world, 2015 - 2017
Figure 24: Investment capital in the world accommodation service industry by region, 2016 - 2018e
Figure 25: Number of rooms in hotels and accommodations over the world, 2014 – 2025f
Figure 26: Typical enterprises in the world hospitality industry, 2016
Figure 27: Number of visitors to Vietnam, 2014-9M/2019
Figure 28: Structure of visitors to Vietnam, 9M/2019
Figure 29: Top 10 countries that have visitors to Vietnam the most, 9M/2019
Figure 30: Number of foreign visitors to Hanoi, 2014- 9M/2019
Figure 31: Number of foreign visitors to Da Nang, 2013-9M/2019
Figure 32: Number of foreign visitors to Ho Chi Minh City (HCMC), 2013-9M/2019
Figure 33: Top countries having the highest development of visitors, 2017
Figure 34: Accommodation purposes, 2017
Figure 35: Accommodation purposes, 2018
Figure 36: The Tourism market revenue, 2009-9M/2019
Figure 37: Structure of tourism revenue by channels, 2013-2018e
Figure 38: Number of enterprises in accommodation service industry,
2010-2017
Figure 39: Structure of enterprises in accommodation service industry by region,
2017
Figure 40: Number of labors in the accommodation service industry,
2010-2017
Figure 41: Total investment capital of the accommodation service industry,
2010-2017
Figure 42: Total fixed assets of the accommodation service industry,
2010-2017
Figure 43: Revenue of the accommodation service industry,
2010-2018
Figure 44: Structure of revenue of the accommodation service industry,
2014-2018
Figure 45: Structure costs and profit on revenue, 2015-2018
Figure 46: Structure of unallocated activity-based expenses, 2015-2018
Figure 47: Structure costs and profit to revenue by segment, 2018
Figure 48: Profit of the accommodation service industry, 2010-2017
Figure 49: Structure of booking room channels, 2017
Figure 50: Structure of booking room channels, 2018
Figure 51: Number of accommodations over the country, 2008-2018
Figure 52: Number of rooms over the country, 2008-2018
Figure 53: Number of accommodations of 3-star and above, 2013-2018
Figure 54: Supply of accommodations of 3-star and above, 2013-2018
Figure 55: Number of accommodation units in the low-end segment, 2016-2018
Figure 56: Supply of low-end segment services, 2016-2018
Figure 57: Number of hotels in some key tourism destinations, 2017
Figure 58: Number of 3-star hotels in some newly popular tourism destinations, 2018
Figure 59: Number of hotels in Hanoi, Q1/2017-Q3/2019
Figure 60 : Number of hotels in HCMC, Q1/2017-Q3/2019
Figure 61: Supply of hotels in Da Nang, Q3/2019
Figure 62: Supply of condotels in Da Nang, Q3/2019
Figure 63: Supply of resort vilas in Danang, Q3/2019
Figure 64: Supply of 4-star-and-above hotels in some important destinations, 2017
Figure 65: Supply of resort villas in some important destinations, 2017
Figure 66: Supply of condotels in some important destinations, 2017
Figure 67: Average room capacity over the country, 2006-2018
Figure 68: Operating capacity of 4-star and 5-star segments, 2014-2018
Figure 69: Operating capacity in Hanoi market, Q1/2016-Q3/2019
Figure 70: Operating capacity in Hanoi by segment, Q3/2019
Figure 71: Operating capacity of some large hotels in Hanoi, 2017
Figure 72: Operating capacity of accomadation service in HCMC, Q1/2016-Q3/2019
Figure 73: Operating capacity in HCMC by segment, Q3/2019
Figure 74: Operating capacity of hotels in some important destinations, 2017
Figure 75: Average room hiring price by segment, 2015-2018
Figure 76: Average room hiring price in Hanoi, Q1/2015-Q3/2019
Figure 77: Average room hiring price by segment, Q3/2019
Figure 78: Average room hiring price in HCMC, Q1/2016-Q3/2019
Figure 79: Average room hiring price by segment, Q3/2019
Figure 80: 10 countries that have the highest competitive ability indicators
of tourism and travel, 2019
Figure 81: Competitive ability indicators of tourism and travel in Southeast Asia, 2019
Figure 82: Disposal income and expenditure of household, 2008 – 2017f
Figure 83: Structure of population by class (expenditure), 2013 – 2020f
Figure 84: Debit balance of Real Estate Debt, 12/2012-12/2018
Figure 85: Structure of Debit balance of Real Estate Debt, 2018
Figure 86: Forecast of the world tourism and travel industry growth, 2017e, 2026f
Figure 87: Forecast of value of the world tourism and travel industry, 2026f
Figure 88: Accommodation service industry revenue, 2016-2022f
Figure 89: Net revenue growth, 2017-2018
Figure 90: Gross profit growth, 2018
Figure 91: Liquidity Ratios, 2018
Figure 92: Receivable turnover, 2018
Figure 93: Solvency, 2018
Figure 94: Asset Turnover Ratio, 2018
Figure 95: Fixed Asset Turnover ratio, 2018
Figure 96: Enterprise management expense/Net revenue, 2017-2018
Figure 97: Interest Expense/Net revenue, 2017-2018
Figure 98: Return on investment ratios, 2018
Figure 99: Interest Expense / Net revenue, 2017-2018
Figure 100: Return on investment ratios, 2018
