Empty hotel rooms means cheaper accommodation for tourists |Newly released figures reveal Vietnamese hotel room occupancy dropped by 30 per cent in the first eight months of 2009.
HCM City The information, provided by commercial real estate CB Richard Ellis (CBRE), also shows numbers of foreign tourists coming to In It’s a situation that has been mirrored in In general, the room rate in Though the survey makes for gloomy reading for the tourist industry, according to global hotel index provier STR Global, According to Robert Mcintosh, a senior executive of CBRE Hotels Asia Pacific, hotels are taking the right course of action in reducing room rates in order to attract more clients. However, in some cases, hotels fear reducing room rates will badly affect brand names. Some have opted instead for launching promotional campaigns. Mr Mcintosh added that He adds that big hotel management groups like Accor, Intercontinental and Marriot may well bring more mass market and top level brand names to further develop the market. VietNamNet/VNE Other news for Thursday 24 September, 2009
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