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Unable to cover expenses during Covid-19, owners sell hotels at cheap prices


Unable to cover expenses during Covid-19, owners sell hotels at cheap prices
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 26/02/2021
  
20:30
GMT+7
Many offers to sell coastal hotels in Da Nang have appeared on real estate forums these days. Most of them are located in districts Son Tra and Ngu Hanh Son.
A hotel put up on sale
On just one real estate website on February 22 many ads were listed.
A 4-star hotel on Vo Nguyen Giap street, 600 square meters, with 19 stories, 125 rooms and 2 conference rooms is offered at VND440 billion.
Hotels on the major streets of Ha Bong, Tran Bach Dang, Ho Nghinh, Vo Nguyen Giap and Ho Xuan Huong are offered at tens or hundreds of billions of dong. ....

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