Hotel occupancy rises in HCM City Travel

Hotel occupancy rises in HCM City

Four- and five-star hotels in Ho Chi Minh City have seen a slight decline in room rates although the rising number of tourists has resulted in an increase in occupancy rates at high-end hotels.

Room prices rising at high-end hotels

Average room rates in upscale hotels and resorts across Vietnam saw a slight increase in 2014 even as occupancy rates decreased, according to a survey by auditing and consulting firm Grant Thornton.