Accommodation Service Comprehensive Report Q4/2019

About the Report

About the Report

VIETNAM ACCOMODATION SERVICE INDUSTRY
Over the past decade, tourism has become more and more accessible to the people of the world. Therefore, the tourism industry has developed strongly, especially in recent years. The tourism industry in recent years has been the driving force for the growth of the number of accommodation establishments. The number of hotel rooms and rooms in the world tends to grow continuously over the years in the period of 2014-2025f. Currently, there are more than 700,000 hotels and resorts scattered across the globe.
Vietnam is one of the fastest growing tourist destinations in Southeast Asia thanks to many favorable factors such as the growth in the number of tourists, new hotel brand names entering the market, relaxed visa policy along with the development of infrastructure. In the first 9 months of 2019, the number of international visitors to Vietnam increased by xx% over the same period in 2018. The total revenue from tourists increased xx% over the same period last year.
Thanks to the development of the domestic tourism industry in the past years, the number of businesses providing accommodation services has also been growing steadily every year. In the period of 2010-2017, the number of businesses operating in the hospitality industry achieved an annual compound growth of xx%.
In Q4/ 2019, the supply of Hanoi and Ho Chi Minh City did not have much volatility. The supply decreased slightly in Hanoi and remained stable in HCM.City. The average operational capacity and rental prices of Hanoi and HCM.City markets in Q4/ 2019 recorded a strong increase in all segments thanks to the key tourist season of the two cities. The key tourist cities such as Da Nang, Nha Trang and Phu Quoc all had quite high levels of operational capacity.

Products


Companies

Saigon Stec Co.,Ltd

Intel Products Vietnam Co., Ltd

Foster Electric Vietnam Co. Ltd

Hosiden Vietnam Co. Ltd

Haesung Vina Co. Ltd

Meiko Vietnam Co. Ltd

Hanoi Doosung Tech Co. Ltd

Sumidenso Vietnam Co. Ltd

Table of Contents

Table of Contents

Abbreviation

Report Summary

1. Business Environment

1.1 Macroeconomic situation

1.2 Legal framework

1.3 Free Trade Agreements

2. The world tourism and travel industry and The world accommodation service industry

2.1 The world tourism and travel industry

2.1.1 The world tourism and travel industry scale

2.1.2 Situation of the world tourism and travel industry

2.2 The world accommodation service industry

2.2.1 The world accommodation service industry scale

2.2.2 Situation of the world accommodation service industry

2.2.3 Situation of the accommodation service industry in some regions in the world

2.2.4 Top enterprises in the world accommodation service industry

3. Vietnam accommodation service industry

3.1 Situation of the tourism and travel industry

3.2 Overview of the accommodation service industry

3.3 Supply

3.4 Operating capacity

3.5 Room hiring price

3.6 Typical enterprises

3.7 Typical accommodations

3.8 Risks and challenges

Risks

Challenges

SWOT Analysis

3.9 Planning and Outlook of development

Planning

Driving force

Outlook of development

4. Enterprise analysis

4.1 Overview of the enterprises in the industry

4.2 Financial analysis

Profitability

Liquidity

Solvency

Performance efficiency

Return on investment ratios

Appendix


List of Figure

List of figures

Figure 1: GDP growth rate by quarter, 2016-2019

Figure 2: GDP structure at current prices, 9M/2019

Figure 3: Contribution of accommodation and catering services to GDP, 2014-2018

Figure 4: VND/USD exchange rate, 2011-9/2019

Figure 5: USD/CNY exchange rate, 2016-9/2019

Figure 6: World Tourism Market Revenue, 2010-2017

Figure 7: Labor structure of the world tourism and travel industry, 2016

Figure 8: Contribution of tourism and tourism to world GDP, 2010-2018

Figure 9: Contribution to globally economic growth by sectors, 2018

Figure 10: Top countries have the most important contribution to the global GDP, 2018, 2027e

Figure 11: Investment into the tourism and travel industry, 2011-2027f

Figure 12: Export value of the world tourism and travel industry, 2011-2027f

Figure 13: Structure of the contribution to the world tourism and travel industry, 2018

Figure 14: The world visitor volume, 2013-2018e

Figure 15: Growth rate of visitors volume by region, 2018e

Figure 16: Structure of visitor volume by region, 2018

Figure 17: Structure of outbound travelling expenditure by country, 2018

Figure 18: Direct contribution of the tourism and travel industry to Chinese GDP, 2011-2017e

Figure 19: Number of international visitors to China, 2011-2017e

Figure 20: The scale of the world hospitality industry, 2014-2016

Figure 21: Average revenue from each room in global hotels, by region, 2008-2016

Figure 22: Growth of the world hospitality industry, 2010-2018e

Figure 23: Hotel occupancy rate by region over the world, 2015-2017

Figure 24: Investment capital in the world accommodation service industry by region, 2016-2018e

Figure 25: Number of rooms in hotels and accommodations over the world, 2014-2025f

Figure 26: Typical enterprises in the world hospitality industry, 2016

Figure 27: Number of visitors to Vietnam, 2014-9M/2019

Figure 28: Structure of visitors to Vietnam, 9M/2019

Figure 29: Top 10 countries that have visitors to Vietnam the most, 9M/2019

Figure 30: Number of foreign visitors to Hanoi, 2014- 9M/2019

Figure 31: Number of foreign visitors to Da Nang, 2013-9M/2019

Figure 32: Number of foreign visitors to Ho Chi Minh City (HCMC), 2013-9M/2019

Figure 33: Top countries having the highest development of visitors, 2017

Figure 34: Accommodation purposes, 2017

Figure 35: Accommodation purposes, 2018

Figure 36: The Tourism market revenue, 2009-9M/2019

Figure 37: Structure of tourism revenue by channels, 2013-2018e

Figure 38: Number of enterprises in accommodation service industry,

2010-2017

Figure 39: Structure of enterprises in accommodation service industry by region,

2017

Figure 40: Number of labors in the accommodation service industry,

2010-2017

Figure 41: Total investment capital of the accommodation service industry,

2010-2017

Figure 42: Total fixed assets of the accommodation service industry,

2010-2017

Figure 43: Revenue of the accommodation service industry,

2010-2018

Figure 44: Structure of revenue of the accommodation service industry,

2014-2018

Figure 45: Structure costs and profit on revenue, 2015-2018

Figure 46: Structure of unallocated activity-based expenses, 2015-2018

Figure 47: Structure costs and profit to revenue by segment, 2018

Figure 48: Profit of the accommodation service industry, 2010-2017

Figure 49: Structure of booking room channels, 2017

Figure 50: Structure of booking room channels, 2018

Figure 51: Number of accommodations over the country, 2008-2018

Figure 52: Number of rooms over the country, 2008-2018

Figure 53: Number of accommodations of 3-star and above, 2013-2018

Figure 54: Supply of accommodations of 3-star and above, 2013-2018

Figure 55: Number of accommodation units in the low-end segment, 2016-2018

Figure 56: Supply of low-end segment services, 2016-2018

Figure 57: Number of hotels in some key tourism destinations, 2017

Figure 58: Number of 3-star hotels in some newly popular tourism destinations, 2018

Figure 59: Number of hotels in Hanoi, Q1/2017-Q3/2019

Figure 60 : Number of hotels in HCMC, Q1/2017-Q3/2019

Figure 61: Supply of hotels in Da Nang, Q3/2019

Figure 62: Supply of condotels in Da Nang, Q3/2019

Figure 63: Supply of resort vilas in Danang, Q3/2019

Figure 64: Supply of 4-star-and-above hotels in some important destinations, 2017

Figure 65: Supply of resort villas in some important destinations, 2017

Figure 66: Supply of condotels in some important destinations, 2017

Figure 67: Average room capacity over the country, 2006-2018

Figure 68: Operating capacity of 4-star and 5-star segments, 2014-2018

Figure 69: Operating capacity in Hanoi market, Q1/2016-Q3/2019

Figure 70: Operating capacity in Hanoi by segment, Q3/2019

Figure 71: Operating capacity of some large hotels in Hanoi, 2017

Figure 72: Operating capacity of accomadation service in HCMC, Q1/2016-Q3/2019

Figure 73: Operating capacity in HCMC by segment, Q3/2019

Figure 74: Operating capacity of hotels in some important destinations, 2017

Figure 75: Average room hiring price by segment, 2015-2018

Figure 76: Average room hiring price in Hanoi, Q1/2015-Q3/2019

Figure 77: Average room hiring price by segment, Q3/2019

Figure 78: Average room hiring price in HCMC, Q1/2016-Q3/2019

Figure 79: Average room hiring price by segment, Q3/2019

Figure 80: 10 countries that have the highest competitive ability indicators

of tourism and travel, 2019

Figure 81: Competitive ability indicators of tourism and travel in Southeast Asia, 2019

Figure 82: Disposal income and expenditure of household, 2008-2017f

Figure 83: Structure of population by class (expenditure), 2013-2020f

Figure 84: Debit balance of Real Estate Debt, 12/2012-12/2018

Figure 85: Structure of Debit balance of Real Estate Debt, 2018

Figure 86: Forecast of the world tourism and travel industry growth, 2017e, 2026f

Figure 87: Forecast of value of the world tourism and travel industry, 2026f

Figure 88: Accommodation service industry revenue, 2016-2022f

Figure 89: Net revenue growth, 2017-2018

Figure 90: Gross profit growth, 2018

Figure 91: Liquidity Ratios, 2018

Figure 92: Receivable turnover, 2018

Figure 93: Solvency, 2018

Figure 94: Asset Turnover Ratio, 2018

Figure 95: Fixed Asset Turnover ratio, 2018

Figure 96: Enterprise management expense/Net revenue, 2017-2018

Figure 97: Interest Expense/Net revenue, 2017-2018

Figure 98: Return on investment ratios, 2018

Figure 99: Interest Expense / Net revenue, 2017-2018

Figure 100: Return on investment ratios, 2018


List of Table

List of tables

Table 1: Some indicators of China tourism and travel industry, 2017e

Table 2: Important markets of the accommodation service industry in Asia-Pacific

Table 3: Traditional tourism in comparison with online tourism

Table 4: 10 leading international travel enterprises in Vietnam, 2018

Table 5: 10 leading domestic travel enterprises in Vietnam, 2018

Table 6: 10 leading restaurants for tourists in Vietnam, 2018

Table 7: 10 leading 5-star hotels in Vietnam, 2017

Table 8: 10 leading 4-star hotels in Vietnam, 2017

Table 9: 10 leading 3-star hotels in Vietnam, 2017

Table 10: Vietnam Visa Exemption, 2018

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