Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Leading Companies in the Vietnam Hospitality Market

Major players are investing heavily in high-end projects to gain a competitive edge in the market.

 

  • Accor S.A.
  • Vingroup JSC (Vinpearl)
  • InterContinental Hotels Group PLC
  • Marriott International, Inc.
  • Muong Thanh Hospitality
  • Diamond Bay Resort & Spa
  • A25 Hotel Group
  • H&K Hospitality
  • The Ascott Limited
  • Hilton Worldwide Holdings Inc.
  • Others

 

Vietnam Hospitality Market Report Snapshots

Vietnam Hospitality Market Size

Vietnam Hospitality Market Growth

Vietnam Hospitality Market Share

Vietnam Hospitality Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 6.19 billion.

The market is estimated to grow at a CAGR of 12.3% between 2024 and 2032.

The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 17.59 billion by 2032.

The market is being driven by rising disposable income, rapid urbanisation, and the country’s thriving tourism sector.

The key trends aiding the hospitality market in Vietnam include rising business tourism and the emergence of smart hotel concepts.

The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.

The different segments based on types include chain hotels and independent hotels.

The major players in the market are Accor S.A., Vingroup JSC (Vinpearl), InterContinental Hotels Group PLC, Marriott International, Inc., Muong Thanh Hospitality, Diamond Bay Resort & Spa, A25 Hotel Group, H&K Hospitality, The Ascott Limited, and Hilton Worldwide Holdings Inc., among others.

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