Tourism re-opening good news for hotels

CBRE has forecast that hotel operations in Hanoi will improve over the course of 2022, with room tariffs at 4 and 5-star hotels rising 15 per cent and occupancy reaching 52 per cent, up 21 percentage points compared to 2021. Occupancy at 4 and 5-star hotels in Ho Chi Minh City, meanwhile, will reach 49 per cent, up 20 percentage points.