Research

Ho Chi Minh City Hotel Market Dynamics Q1 2025

Summary and analysis of Ho Chi Minh City's current hotel real estate market conditions.

June 09, 2025
Contributors:
  • Cleavon Tan
  • Continued rebound in international visitation in HCMC, leading to high occupancy rates in Q1 2025.

  • No new supply in Q1 with a limited new supply landscape expected for 2025.

  • Increased RevPAR performance while investment market faces persistent challenge.

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