Awakening potential of Ho Tram hospitality segment 15:22 | 14/12/2020
There is a bright outlook for Ho Tram hospitality segment
Only 120km away from Ho Chi Minh City, within a 90-minute drive, Ho Tram is the ideal getaway for short vacations. Ho Tram is a coastal strip in Xuyen Moc district of Ba Ria-Vung Tau province. However, the place used to be undeveloped with a lack of traffic infrastructure and accommodation facilities. However, this situation has changed after heavy investments in traffic infrastructure, with many large-scale hospitality projects springing up with attractive sales policies in the area.
The revenue from tourism activities in Ho Tram reached more than VND1.84 trillion ($80 million) in 2019, up 23 per cent compared to 2018. During the Lunar New Year, the number of visitors to Ho Tram reached 1.3 million, an increase of 14.78 per cent. The area generated a total revenue of VND1.45 trillion ($63 million), up 14.9 per cent over
Many localities are accelerating the development of hospitality projects with a focus on new experience and innovative models to attract domestic tourists.