Hotel Market in Vietnam 2025-2029

Description

List of Tables

The hotel market in vietnam is forecasted to grow by USD 5,331.3 mn during 2024-2029, accelerating at a CAGR of 21.1% 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.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	17.2%
CAGR	21.1%
Incremental Value	$5,331.3 mn

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

By Application

Tourist accommodation
Official business

By Type

Chain hotels
Independent hotels

By Service

Service apartments
Mid and upper mid-scale hotels
Budget and economy hotels
Luxury hotels

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, 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 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 Market Segmentation by Service
- 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 2024 and 2029

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 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Vietnam - Market size and forecast 2024-2029 ($ million)
- Data Table on Vietnam - Market size and forecast 2024-2029 ($ million)
- Chart on Vietnam: Year-over-year growth 2024-2029 (%)
- Data Table on Vietnam: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Hotel Market in Vietnam 2019 - 2023
- Historic Market Size - Data Table on Hotel Market in Vietnam 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Service segment analysis 2019 - 2023
- Historic Market Size - Service Segment 2019 - 2023 ($ 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 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
8.3 Tourist accommodation - Market size and forecast 2024-2029
- Chart on Tourist accommodation - Market size and forecast 2024-2029 ($ million)
- Data Table on Tourist accommodation - Market size and forecast 2024-2029 ($ million)
- Chart on Tourist accommodation - Year-over-year growth 2024-2029 (%)
- Data Table on Tourist accommodation - Year-over-year growth 2024-2029 (%)
8.4 Official business - Market size and forecast 2024-2029
- Chart on Official business - Market size and forecast 2024-2029 ($ million)
- Data Table on Official business - Market size and forecast 2024-2029 ($ million)
- Chart on Official business - Year-over-year growth 2024-2029 (%)
- Data Table on Official business - Year-over-year growth 2024-2029 (%)
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 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
9.3 Chain hotels - Market size and forecast 2024-2029
- Chart on Chain hotels - Market size and forecast 2024-2029 ($ million)
- Data Table on Chain hotels - Market size and forecast 2024-2029 ($ million)
- Chart on Chain hotels - Year-over-year growth 2024-2029 (%)
- Data Table on Chain hotels - Year-over-year growth 2024-2029 (%)
9.4 Independent hotels - Market size and forecast 2024-2029
- Chart on Independent hotels - Market size and forecast 2024-2029 ($ million)
- Data Table on Independent hotels - Market size and forecast 2024-2029 ($ million)
- Chart on Independent hotels - Year-over-year growth 2024-2029 (%)
- Data Table on Independent hotels - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

10 Market Segmentation by Service

10.1 Market segments
- Chart on Service - Market share 2024-2029 (%)
- Data Table on Service - Market share 2024-2029 (%)
10.2 Comparison by Service
- Chart on Comparison by Service
- Data Table on Comparison by Service
10.3 Service apartments - Market size and forecast 2024-2029
- Chart on Service apartments - Market size and forecast 2024-2029 ($ million)
- Data Table on Service apartments - Market size and forecast 2024-2029 ($ million)
- Chart on Service apartments - Year-over-year growth 2024-2029 (%)
- Data Table on Service apartments - Year-over-year growth 2024-2029 (%)
10.4 Mid and upper mid-scale hotels - Market size and forecast 2024-2029
- Chart on Mid and upper mid-scale hotels - Market size and forecast 2024-2029 ($ million)
- Data Table on Mid and upper mid-scale hotels - Market size and forecast 2024-2029 ($ million)
- Chart on Mid and upper mid-scale hotels - Year-over-year growth 2024-2029 (%)
- Data Table on Mid and upper mid-scale hotels - Year-over-year growth 2024-2029 (%)
10.5 Budget and economy hotels - Market size and forecast 2024-2029
- Chart on Budget and economy hotels - Market size and forecast 2024-2029 ($ million)
- Data Table on Budget and economy hotels - Market size and forecast 2024-2029 ($ million)
- Chart on Budget and economy hotels - Year-over-year growth 2024-2029 (%)
- Data Table on Budget and economy hotels - Year-over-year growth 2024-2029 (%)
10.6 Luxury hotels - Market size and forecast 2024-2029
- Chart on Luxury hotels - Market size and forecast 2024-2029 ($ million)
- Data Table on Luxury hotels - Market size and forecast 2024-2029 ($ million)
- Chart on Luxury hotels - Year-over-year growth 2024-2029 (%)
- Data Table on Luxury hotels - Year-over-year growth 2024-2029 (%)
10.7 Market opportunity by Service
- Market opportunity by Service ($ million)
- Data Table on Market opportunity by Service ($ million)

11 Customer Landscape

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

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 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
14.5 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
14.6 Four Seasons Hotels Ltd.
- Four Seasons Hotels Ltd. - Overview
- Four Seasons Hotels Ltd. - Product / Service
- Four Seasons Hotels Ltd. - Key offerings
- SWOT
14.7 Furama Resort Danang
- Furama Resort Danang - Overview
- Furama Resort Danang - Product / Service
- Furama Resort Danang - Key offerings
- SWOT
14.8 Hotel Nikko Saigon
- Hotel Nikko Saigon - Overview
- Hotel Nikko Saigon - Product / Service
- Hotel Nikko Saigon - Key offerings
- SWOT
14.9 Hyatt Hotels Corp.
- Hyatt Hotels Corp. - Overview
- Hyatt Hotels Corp. - Business segments
- Hyatt Hotels Corp. - Key offerings
- Hyatt Hotels Corp. - Segment focus
- SWOT
14.10 InterContinental Hotels Group Plc
- InterContinental Hotels Group Plc - Overview
- InterContinental Hotels Group Plc - Product / Service
- InterContinental Hotels Group Plc - Key offerings
- SWOT
14.11 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
14.12 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
14.13 Melia Hotels International S.A.
- Melia Hotels International S.A. - Overview
- Melia Hotels International S.A. - Product / Service
- Melia Hotels International S.A. - Key offerings
- SWOT
14.14 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
14.15 Muong Thanh Hospitality
- Muong Thanh Hospitality - Overview
- Muong Thanh Hospitality - Product / Service
- Muong Thanh Hospitality - Key offerings
- SWOT
14.16 SALA DANANG BEACH HOTEL
- SALA DANANG BEACH HOTEL - Overview
- SALA DANANG BEACH HOTEL - Product / Service
- SALA DANANG BEACH HOTEL - Key offerings
- SWOT
14.17 Victoria Hotels and Resorts
- Victoria Hotels and Resorts - Overview
- Victoria Hotels and Resorts - Product / Service
- Victoria Hotels and Resorts - Key offerings
- SWOT
14.18 Vinpearl
- Vinpearl - Overview
- Vinpearl - Product / Service
- Vinpearl - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations