Vietnam Accommodation Service Comprehensive Report Q2/2020
Over the past decade, tourism has become more and more accessible to people around the world. Therefore, the tourism industry has made strong developments, especially in recent years. The economy is recovering and growing strongly, and the living standards of people in many countries have been enhanced, spurring spending on global tourism and accommodation services. However, the economic downturn will take place about every five years, resonating with the impact of the Covid-19 epidemic, which predicts the tourism industry will suffer the most severe losses of all economic sectors.
Vietnam is one of the fastest growing tourist destinations in Southeast Asia. Thanks to many favorable factors such as the growth of tourists, new international hotel brands entering the market, the visa policy is relaxed and the development of infrastructure. However, the Covid-19 epidemic greatly affected the tourism industry, especially young countries like Vietnam. International tourists of Vietnam are mainly from Asia, countries such as China, South Korea, Japan, ... these are outbreaks in the world, so the high-class hotel segment will lose revenue.
Vietnam is one of the fastest growing tourist destinations in Southeast Asia. Thanks to many favorable factors such as the growth of tourists, new international hotel brands entering the market, the visa policy is relaxed and the development of infrastructure. However, the Covid-19 epidemic greatly affected the tourism industry, especially young countries like Vietnam. International tourists of Vietnam are mainly from Asia, countries such as China, South Korea, Japan, ... these are outbreaks in the world, so the high-class hotel segment will lose revenue.
Abbreviation
Report Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Free Trade Agreements
2. GLOBAL TOURISM AND TRAVEL INDUSTRY AND ACCOMMODATION SERVICE INDUSTRY
2.1 Global tourism and travel industry
2.1.1 Global tourism and travel industry scale
2.1.2 Situation of the world tourism and travel industry
2.2 Global accommodation service industry
2.2.1 Global accommodation service industry scale
2.2.2 Situation of global accommodation service industry
2.2.3 Situation of the accommodation service industry in some regions in the world
2.2.4 Top enterprises in global 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
3.9 Planning and Outlook
4. ENTERPRISE ANALYSIS
4.1 Enterprise overview
4.2 Financial analysis
Appendix
Report Summary
1. BUSINESS ENVIRONMENT
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Free Trade Agreements
2. GLOBAL TOURISM AND TRAVEL INDUSTRY AND ACCOMMODATION SERVICE INDUSTRY
2.1 Global tourism and travel industry
2.1.1 Global tourism and travel industry scale
2.1.2 Situation of the world tourism and travel industry
2.2 Global accommodation service industry
2.2.1 Global accommodation service industry scale
2.2.2 Situation of global accommodation service industry
2.2.3 Situation of the accommodation service industry in some regions in the world
2.2.4 Top enterprises in global 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
3.9 Planning and Outlook
4. ENTERPRISE ANALYSIS
4.1 Enterprise overview
4.2 Financial analysis
Appendix
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: GDP structure at current prices, Q1/2020
Figure 3: Contribution of accommodation and catering services to GDP, 2014-2019
Figure 4: VND/USD exchange rate, 2013 - 3/2020
Figure 5: USD/CNY exchange rate, 2016 - 3/2020
Figure 6: Global tourism revenue, 2013 – 2019
Figure 7: Labor structure of the world tourism and travel industry, 2019
Figure 8: Contribution of tourism and travel industry to global GDP, 2010 – 2019
Figure 9: Contribution to globally economic growth by sectors, 2019
Figure 10: Top countries have the most important contribution to the global GDP, 2018-2019
Figure 11: Investment into the tourism and travel industry, 2013 – 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, 2019
Figure 14: Global visitor volume, 2013 - Q1/2020
Figure 15: Growth rate of visitors volume by region, Q1/2020
Figure 16: Structure of visitor volume by region, 2019
Figure 17: Expenditure structure for outbound tourism by region, 2019
Figure 18: Top fastest growing travel and tourism industries, 2019
Figure 19: Direct contribution of the tourism and travel industry to Chinese GDP, 2011 - 2017e
Figure 20: Number of international visitors to China, 2011 - 2018
Figure 21: The scale of the world hospitality industry, 2014 - 2019
Figure 22: Average daily revenue from each hotel room by region, 2013 – 2019
Figure 23: Growth of global hotel industry, 2008 - 2019e
Figure 24: Hotel occupancy rate by region, 2013 - 2019
Figure 25: Investment capital in the world accommodation service industry by region, 2016 - 2018e
Figure 26: Number of rooms in hotels and accommodations over the world, 2014 – 2025f
Figure 27: Top 10 largest hotel brand in the world, 2019
Figure 28: Vietnam’s number of tourists, 2013 – Q1/2020
Figure 29: Structure of tourists, Q1/2020
Figure 30: Top 10 countries that have the most tourists come to Vietnam, Q1/2020
Figure 31: Number of foreign visitors come to Hanoi, 2014 - Q1/2020
Figure 32: Number of foreign visitors come to Da Nang, 2013 - Q1/2020
Figure 33: Number of foreign visitors to Ho Chi Minh City (HCMC), 2013 - Q1/2020
Figure 34: Accommodation purposes, 2017
Figure 35: Accommodation purposes, 2018
Figure 36: Total revenue from tourists, 2013 – Q1/2020
Figure 37: Vietnam online travel revenue, 2013-2019
Figure 38: Number of enterprises in accommodation service industry, 2013 - 2018
Figure 39: Structure of enterprises in accommodation service industry by region, 2018
Figure 40: Number of labors in the accommodation service industry, 2013 - 2017
Figure 41: Total investment capital of the accommodation service industry, 2013 - 2018
Figure 42: Total fixed assets of the accommodation service industry, 2013 - 2018
Figure 43: Revenue of the accommodation service industry, 2013 - 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, 2013 – 2018
Figure 49: Structure of booking room channels,2017
Figure 50: Structure of booking room channels,2018
Figure 51: Number of accommodations over the country, 2013 - 2019
Figure 52: Number of rooms over the country, 2013 - 2019
Figure 53: Number of accommodations of 3-star and above, 2013 - 2019
Figure 54: Supply of accommodations of 3-star and above, 2013 - 2019
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 Hanoi, Q1/2017-Q1/2020
Figure 58: Number of hotels in HCMC, Q1/2017-Q1/2020
Figure 59 : Supply of hotels in Da Nang, 2019
Figure 60: Supply of condotels in Da Nang, Q3/2019
Figure 61: Supply of resort villas in Da Nang, Q3/2019
Figure 62: Average room capacity over the country,2013-2019
Figure 63: Average room capacity in Hanoi, Q1/2016 – Q1/2020
Figure 64: Room capacity in Hanoi by segment, Q1/2020
Figure 65: Average room capacity in HCMC, Q1/2016 – Q1/2020
Figure 66: Room capacity in HCMC by segment, Q1/2020
Figure 67: Average room capacity some key destinations, Q1/2020
Figure 68: Average rental price in Hanoi, Q1/2017 – Q1/2020
Figure 69: Average rental price by segment, Q1/2020
Figure 70: Average rental price in HCMC, Q1/2017 – Q1/2020
Figure 71: Average rental price by segment, Q1/2020
Figure 72: 10 countries with highest competitive ability indicators of tourism and travel, 2019
Figure 73: Competitive ability indicators of tourism and travel industry in Southeast Asia, 2019
Figure 74: Monthly income and spending per capita, 2010 – 2019
Figure 75: Class of population by spending, 2013 – 2020f
Figure 76: Debit balance of Real Estate Debt, 2013 – 2019
Figure 77: Forecast of global visitor volume, 2020f
Figure 78: Forecast of value of the world tourism and travel industry, 2026f
Figure 79: Forecast of accommodation service industry revenue, 2016 – 2022f
Figure 80: Forecast of Vietnam’s tourist volume, 2013 – 2020f
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: GDP structure at current prices, Q1/2020
Figure 3: Contribution of accommodation and catering services to GDP, 2014-2019
Figure 4: VND/USD exchange rate, 2013 - 3/2020
Figure 5: USD/CNY exchange rate, 2016 - 3/2020
Figure 6: Global tourism revenue, 2013 – 2019
Figure 7: Labor structure of the world tourism and travel industry, 2019
Figure 8: Contribution of tourism and travel industry to global GDP, 2010 – 2019
Figure 9: Contribution to globally economic growth by sectors, 2019
Figure 10: Top countries have the most important contribution to the global GDP, 2018-2019
Figure 11: Investment into the tourism and travel industry, 2013 – 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, 2019
Figure 14: Global visitor volume, 2013 - Q1/2020
Figure 15: Growth rate of visitors volume by region, Q1/2020
Figure 16: Structure of visitor volume by region, 2019
Figure 17: Expenditure structure for outbound tourism by region, 2019
Figure 18: Top fastest growing travel and tourism industries, 2019
Figure 19: Direct contribution of the tourism and travel industry to Chinese GDP, 2011 - 2017e
Figure 20: Number of international visitors to China, 2011 - 2018
Figure 21: The scale of the world hospitality industry, 2014 - 2019
Figure 22: Average daily revenue from each hotel room by region, 2013 – 2019
Figure 23: Growth of global hotel industry, 2008 - 2019e
Figure 24: Hotel occupancy rate by region, 2013 - 2019
Figure 25: Investment capital in the world accommodation service industry by region, 2016 - 2018e
Figure 26: Number of rooms in hotels and accommodations over the world, 2014 – 2025f
Figure 27: Top 10 largest hotel brand in the world, 2019
Figure 28: Vietnam’s number of tourists, 2013 – Q1/2020
Figure 29: Structure of tourists, Q1/2020
Figure 30: Top 10 countries that have the most tourists come to Vietnam, Q1/2020
Figure 31: Number of foreign visitors come to Hanoi, 2014 - Q1/2020
Figure 32: Number of foreign visitors come to Da Nang, 2013 - Q1/2020
Figure 33: Number of foreign visitors to Ho Chi Minh City (HCMC), 2013 - Q1/2020
Figure 34: Accommodation purposes, 2017
Figure 35: Accommodation purposes, 2018
Figure 36: Total revenue from tourists, 2013 – Q1/2020
Figure 37: Vietnam online travel revenue, 2013-2019
Figure 38: Number of enterprises in accommodation service industry, 2013 - 2018
Figure 39: Structure of enterprises in accommodation service industry by region, 2018
Figure 40: Number of labors in the accommodation service industry, 2013 - 2017
Figure 41: Total investment capital of the accommodation service industry, 2013 - 2018
Figure 42: Total fixed assets of the accommodation service industry, 2013 - 2018
Figure 43: Revenue of the accommodation service industry, 2013 - 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, 2013 – 2018
Figure 49: Structure of booking room channels,2017
Figure 50: Structure of booking room channels,2018
Figure 51: Number of accommodations over the country, 2013 - 2019
Figure 52: Number of rooms over the country, 2013 - 2019
Figure 53: Number of accommodations of 3-star and above, 2013 - 2019
Figure 54: Supply of accommodations of 3-star and above, 2013 - 2019
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 Hanoi, Q1/2017-Q1/2020
Figure 58: Number of hotels in HCMC, Q1/2017-Q1/2020
Figure 59 : Supply of hotels in Da Nang, 2019
Figure 60: Supply of condotels in Da Nang, Q3/2019
Figure 61: Supply of resort villas in Da Nang, Q3/2019
Figure 62: Average room capacity over the country,2013-2019
Figure 63: Average room capacity in Hanoi, Q1/2016 – Q1/2020
Figure 64: Room capacity in Hanoi by segment, Q1/2020
Figure 65: Average room capacity in HCMC, Q1/2016 – Q1/2020
Figure 66: Room capacity in HCMC by segment, Q1/2020
Figure 67: Average room capacity some key destinations, Q1/2020
Figure 68: Average rental price in Hanoi, Q1/2017 – Q1/2020
Figure 69: Average rental price by segment, Q1/2020
Figure 70: Average rental price in HCMC, Q1/2017 – Q1/2020
Figure 71: Average rental price by segment, Q1/2020
Figure 72: 10 countries with highest competitive ability indicators of tourism and travel, 2019
Figure 73: Competitive ability indicators of tourism and travel industry in Southeast Asia, 2019
Figure 74: Monthly income and spending per capita, 2010 – 2019
Figure 75: Class of population by spending, 2013 – 2020f
Figure 76: Debit balance of Real Estate Debt, 2013 – 2019
Figure 77: Forecast of global visitor volume, 2020f
Figure 78: Forecast of value of the world tourism and travel industry, 2026f
Figure 79: Forecast of accommodation service industry revenue, 2016 – 2022f
Figure 80: Forecast of Vietnam’s tourist volume, 2013 – 2020f
LIST OF TABLES
Table 1: Some indicators of China tourism and travel industry, 2019
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 (outbound), 2019
Table 5: 10 leading domestic travel enterprises in Vietnam (inbound), 2019
Table 6: 10 leading restaurants for tourists in Vietnam, 2018
Table 7: 10 leading 5-star hotels in Vietnam, 2019
Table 8: 10 leading 4-star hotels in Vietnam, 2019
Table 9: 10 leading 3-star hotels in Vietnam based on the number of tourists, 2018
Table 10: Vietnam Visa Exemption, 2019
Table 11: Top 10 accommodation enterprises, 2019
Table 1: Some indicators of China tourism and travel industry, 2019
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 (outbound), 2019
Table 5: 10 leading domestic travel enterprises in Vietnam (inbound), 2019
Table 6: 10 leading restaurants for tourists in Vietnam, 2018
Table 7: 10 leading 5-star hotels in Vietnam, 2019
Table 8: 10 leading 4-star hotels in Vietnam, 2019
Table 9: 10 leading 3-star hotels in Vietnam based on the number of tourists, 2018
Table 10: Vietnam Visa Exemption, 2019
Table 11: Top 10 accommodation enterprises, 2019
