Hoteliers enjoy high occupancy

Hotel occupancy rates in Ho Chi Minh City stood at 80 percent this month as international visitors came to the city for conferences.

High-end hotels like the Grand, Sheraton Saigon, New World, Duxton and Majestic fared much better than the same period last year, posting occupancy rates of more than 77 percent.

According to the five-star New World Saigon, the 550-room hotel was 94 percent full during the last days of February.

The eight-day WCA Annual Worldwide Conference 2011 attended by 1,600 participants at the Saigon Exhibition & Convention Centre in District 7 contributed to bring guests to the city’s hotels.

At the Sheraton Saigon, the room occupancy also peaked at 99 percent. Businessmen are staying at the hotels for many conferences there along with guests from the logistics conference.

HCM City hoteliers also expected the uptrend of foreign businessmen coming to the city.

The city’s Department of Culture, Sports and Tourism has estimated around 310,000 foreign visitors to HCM City this month, up 8 percent year-on-year. The tourism revenue is expected at 4.3 trillion dong this month, up 34 percent.

Tags: Vietnam hotels