Hotel Market in Vietnam 2024-2028

Description

List of Tables

The hotel market in vietnam is forecasted to grow by USD 4102.5 mn during 2023-2028, accelerating at a CAGR of 19.4% during the forecast period. The report on the hotel market in vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing affordability and rising disposable income, growing investment in hotel market in vietnam, and growing number of foreign tourists.

Technavio's hotel market in vietnam is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	15.8%
CAGR	19.4%
Incremental Value	$4102.5 mn

By Application

Tourist accommodation
Official business

By Type

Chain hotels
Independent hotels

By Geographical Landscape

APAC

This study identifies the growing application of social media and internet penetration as one of the prime reasons driving the hotel market in vietnam growth during the next few years. Also, self-check-ins to minimize waiting time and digitalization in hotel market in vietnam will lead to sizable demand in the market.

The report on the hotel market in vietnam covers the following areas:

Hotel Market in Vietnam sizing
Hotel Market in Vietnam forecast
Hotel Market in Vietnam industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hotel market in vietnam vendors that include Accor S.A., Aman Group S.a.r.l., Central Plaza Hotel Public Co. Ltd., Four Seasons Hotels Ltd., Furama Resort Danang, Hilton Worldwide Holdings Inc., Hotel Nikko Saigon, Hyatt Hotels Corp., InterContinental Hotels Group Plc, La Siesta Premium Hang Be, Marriott International Inc., Melia Hotels International S.A., Minor International Public Co. Ltd., Muong Thanh Hospitality, Oakwood, SALA DANANG BEACH HOTEL, Sofitel Legend Metropole Hanoi, TCC Assets (Thailand) Co. Ltd., Victoria Hotels and Resorts, and Vinpearl. Also, the hotel market in vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR72045

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value Chain Analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
- Chart on Vietnam - Market size and forecast 2023-2028 ($ million)
- Data Table on Vietnam - Market size and forecast 2023-2028 ($ million)
- Chart on Vietnam: Year-over-year growth 2023-2028 (%)
- Data Table on Vietnam: Year-over-year growth 2023-2028 (%)

5 Historic Market Size

5.1 Hotel Market in Vietnam 2018 - 2022
- Historic Market Size - Data Table on Hotel Market in Vietnam 2018 - 2022 ($ million)
5.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
5.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on Hotel Market in Vietnam

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
8.3 Tourist accommodation - Market size and forecast 2023-2028
- Chart on Tourist accommodation - Market size and forecast 2023-2028 ($ million)
- Data Table on Tourist accommodation - Market size and forecast 2023-2028 ($ million)
- Chart on Tourist accommodation - Year-over-year growth 2023-2028 (%)
- Data Table on Tourist accommodation - Year-over-year growth 2023-2028 (%)
8.4 Official business - Market size and forecast 2023-2028
- Chart on Official business - Market size and forecast 2023-2028 ($ million)
- Data Table on Official business - Market size and forecast 2023-2028 ($ million)
- Chart on Official business - Year-over-year growth 2023-2028 (%)
- Data Table on Official business - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
9.3 Chain hotels - Market size and forecast 2023-2028
- Chart on Chain hotels - Market size and forecast 2023-2028 ($ million)
- Data Table on Chain hotels - Market size and forecast 2023-2028 ($ million)
- Chart on Chain hotels - Year-over-year growth 2023-2028 (%)
- Data Table on Chain hotels - Year-over-year growth 2023-2028 (%)
9.4 Independent hotels - Market size and forecast 2023-2028
- Chart on Independent hotels - Market size and forecast 2023-2028 ($ million)
- Data Table on Independent hotels - Market size and forecast 2023-2028 ($ million)
- Chart on Independent hotels - Year-over-year growth 2023-2028 (%)
- Data Table on Independent hotels - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Drivers, Challenges, and Opportunity/Restraints

11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints

12 Competitive Landscape

12.1 Overview
12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
- Overview on factors of disruption
12.4 Industry risks
- Impact of key risks on business

13 Competitive Analysis

13.1 Companies profiled
- Companies covered
13.2 Company ranking index
- Company ranking index
13.3 Market positioning of companies
- Matrix on companies position and classification
13.4 Accor S.A.
- Accor S.A. - Overview
- Accor S.A. - Business segments
- Accor S.A. - Key news
- Accor S.A. - Key offerings
- Accor S.A. - Segment focus
- SWOT
13.5 Central Plaza Hotel Public Co. Ltd.
- Central Plaza Hotel Public Co. Ltd. - Overview
- Central Plaza Hotel Public Co. Ltd. - Product / Service
- Central Plaza Hotel Public Co. Ltd. - Key offerings
- SWOT
13.6 Hyatt Hotels Corp.
- Hyatt Hotels Corp. - Overview
- Hyatt Hotels Corp. - Business segments
- Hyatt Hotels Corp. - Key offerings
- Hyatt Hotels Corp. - Segment focus
- SWOT
13.7 InterContinental Hotels Group Plc
- InterContinental Hotels Group Plc - Overview
- InterContinental Hotels Group Plc - Product / Service
- InterContinental Hotels Group Plc - Key offerings
- SWOT
13.8 La Siesta Premium Hang Be
- La Siesta Premium Hang Be - Overview
- La Siesta Premium Hang Be - Product / Service
- La Siesta Premium Hang Be - Key offerings
- SWOT
13.9 Marriott International Inc.
- Marriott International Inc. - Overview
- Marriott International Inc. - Business segments
- Marriott International Inc. - Key news
- Marriott International Inc. - Key offerings
- Marriott International Inc. - Segment focus
- SWOT
13.10 Minor International Public Co. Ltd.
- Minor International Public Co. Ltd. - Overview
- Minor International Public Co. Ltd. - Product / Service
- Minor International Public Co. Ltd. - Key offerings
- SWOT
13.11 Muong Thanh Hospitality
- Muong Thanh Hospitality - Overview
- Muong Thanh Hospitality - Product / Service
- Muong Thanh Hospitality - Key offerings
- SWOT
13.12 SALA DANANG BEACH HOTEL
- SALA DANANG BEACH HOTEL - Overview
- SALA DANANG BEACH HOTEL - Product / Service
- SALA DANANG BEACH HOTEL - Key offerings
- SWOT
13.13 Vinpearl
- Vinpearl - Overview
- Vinpearl - Product / Service
- Vinpearl - Key offerings
- SWOT

14 Appendix

14.1 Scope of the report
14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
14.3 Currency conversion rates for US$
- Currency conversion rates for US$
14.4 Research methodology
- Research methodology
14.5 Data procurement
- Information sources
14.6 Data validation
- Data validation
14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
14.8 Data synthesis
- Data synthesis
14.9 360 degree market analysis
- 360 degree market analysis
14.10 List of abbreviations
- List of abbreviations