HCMC Hotel Tariffs Soar 20% in Q2 Amid Strong Inbound Demand
Culture

HCMC Hotel Tariffs Soar 20% in Q2 Amid Strong Inbound Demand

Ho Chi Minh City's hotel tariffs surged by an average of 20% in the second quarter, driven by recovering inbound tourism and limited new supply. High-end hotels saw significant rate increases, with analysts predicting continued pressure on older properties to renovate and reposition amidst a positive industry outlook.

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