16/09/2020 09:10 GMT+7 vietnamnet
Hotels for sale is reaching a record number in a decade in Vietnam.
The number of hotels for sale is reaching a record high in a decade in Vietnam as the Covid-19 pandemic has thrown the local tourism industry in abyss, according to real estate brokers.
Every day, dozens of hotels in Ho Chi Minh City, Hanoi, and coastal cities are for sale, but the number of properties hitting the market far outstrips that of buyers.
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| A hotel in Hai Ba Trung district, Hanoi. Photo: Saigondautu |
In Hanoi, the Old Quarter is home to many hotels for sale due to the impacts of the second wave of Covid-19 infections. Located on Hue Street, a 200m2 hotel is offered at VND300 million (US$12,930) per m2. Also, a 5-story hotel on Hang Be street with 16 rooms and 5.5m main side is asking for VND69 billion (US$3 million).
Tiếp tục đọc “Number of hotels on sale reaches record in Vietnam”











