Vietnam Emerging as a Luxury Tourism Destination

Vietnam tourism revenue is projected to grow at a CAGR of 13% during 2012-2015, says RNCOS in its latest research report.


Noida, UP -- (SBWIRE) -- 01/13/2014 -- The country has been emerging as a luxury tourism destination as more number of foreign tourists is looking into Vietnam for luxury travels. Vietnam offers a magical mix of tropical beaches, post-colonial charm, a string of world heritage sites, stunning inland scenery, a world-renowned cuisine, and a home-grown flair for hospitality. With new luxury hotels and world- class golf courses having recently opened or set to open soon, and the introduction of luxury train journeys, exclusive cruises and upscale private tours spanning the length of the country, Vietnam is fast emerging as an exciting destination for the high-end travelers.

According to our new research report, “Booming Tourism Sector in Vietnam”, the country is witnessing healthy growth both in international tourist as well as domestic tourists. In 2011, the international and domestic tourists increased by 20% and more than 7%, respectively against the previous year. Moreover, it is expected that the tourism industry will continue to grow rapidly in the coming years on the back of its favorable demographic profile and increasing promotional activities by the government. In future, the international tourist arrivals in Vietnam are anticipated to grow at a CAGR of 8% during 2012-2015.

As per our findings, it has been found that Hanoi and Ho Chi Minh cities account for the large number of tourist visits. Our report covers a detailed analysis of tourism opportunities in major cities covering the number of domestic and international tourists in these major cities. In addition, the report covers information on number of hotel and hotel rooms available in the major cities. It also covers other industry verticals with brief information like airlines industry which also plays a significant role in tourism industry.

Our report, “Booming Tourism Sector in Vietnam”, incorporates an extensive research and rational analysis of the Vietnamese tourism industry. It provides an insight of the Vietnam tourism industry and studies its past, present, and future scenario. In short, it offers a detailed study of the forces driving the industry and discusses key market trends prevailing in the industry, making Vietnam a potential tourism destination. It also provides information (analysis and statistical data) of various industrial parameters that will help clients to analyze opportunities critical for their success in the Vietnam tourism industry.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.