A 22-storey five-star Grand Tourane hotel. — Photo courtesy Quang Nam-Da Nang Trade company The rapid and stable growth of tourism has become a magnet for tourism property projects in the central city of Da Nang over the past decade, and revenue from the ‘green’ industry contributed nearly 30 per cent of the tourism hub’s Gross Regional Domestic Product (GRDP) in 2017. Booming hotel and resort projects now offer 28,000 rooms – 10 times as many as in 2007 – for the 15 million tourists expected to visit the city in 2030. Chairman of the city’s tourism association, Huynh Tan Vinh, said tourism also created 140,000 jobs for local and neighbouring employees – 25 per cent of the city’s labour force. Vinh said the unique landscape of coast, rivers and mountains as well as the nature reserves in Son Tra and Ba Na-Nui Chua lured 6.7 million tourists, of which 2.3 million were foreigners, to the city in 2017. In the first half of 2018, 3.3 … [Read more...] about Tourism growth lures hotel and resort investors to Da Nang
Vinpearl luxury resort da nang
Positive tourism growth lures hotel and resort investors to Da Nang
A 22-storey five-star Grand Tourane hotel. — Photo courtesy Quang Nam-Da Nang Trade company The rapid and stable growth of tourism has become a magnet for tourism property projects in the central city of Da Nang over the past decade, and revenue from the ‘green’ industry contributed nearly 30 per cent of the tourism hub’s Gross Regional Domestic Product (GRDP) in 2017. Booming hotel and resort projects now offer 28,000 rooms – 10 times as many as in 2007 – for the 15 million tourists expected to visit the city in 2030. Chairman of the city’s tourism association, Huynh Tan Vinh, said tourism also created 140,000 jobs for local and neighbouring employees – 25 per cent of the city’s labour force. Vinh said the unique landscape of coast, rivers and mountains as well as the nature reserves in Son Tra and Ba Na-Nui Chua lured 6.7 million tourists, of which 2.3 million were foreigners, to the city in 2017. In the first half of 2018, 3.3 … [Read more...] about Positive tourism growth lures hotel and resort investors to Da Nang
Over 4 billion USD invested in Da Nang’s tourism sector
Despite the background of the global and domestic economic downturn, Da Nang's tourism has seen an impressive development and step by step become a key economic sector of the city. It is reported that the city had attracted 60 tourism projects, which have been completed or are now under construction, with a total investment of more than 4 billion USD, by the end of October 2013. InterContinental Danang Sun Peninsula Resort A lot of international-standard resorts alongside the local beaches including Pullman Danang Beach Resort, InterContinental Danang Sun Peninsula Resort and Vinpearl Luxury Resort, as well as many 4 to 5-star luxury hotels providing thousands of rooms, have been put into operation. These projects have helped to attract a large number of tourists to the city for sightseeing and pleasure.Da Nang expects to welcome 3 million tourists to the city with an estimated of more than 17.1 trillion VND in revenue this year, and an estimated 4 million visitors in 2015. From … [Read more...] about Over 4 billion USD invested in Da Nang’s tourism sector
Vinpearl to build five-star luxury resort in Da Nang
The People's Committee of the central coastal city of Da Nang signed a US$5 billion contract on October 19 with Vinpearl Joint Stock Company to build the Lang Van five-star luxury resort complex on the sea coast. The first phase of the project will begin in 2012 at a total investment of US$1 billion. The resort will open to visitors by 2015 and the entire complex will be complete by 2020. The Lang Van resort complex will cover 1,065 hectares of land area and 500 hectares of sea. It will be the largest five-star international property project Vinpearl has ever developed. The resort and entertainment complex will comprise of a five-star hotel with over 1,000 luxury rooms and a large compound with premium apartments and villas. The resort will also feature a commercial and service complex, an entertainment theatre, an international convention hall, a helicopter pad and many other sports and recreational facilities, including a golf course. Lang Van, situated on a small peninsula … [Read more...] about Vinpearl to build five-star luxury resort in Da Nang
Da Nang resort real estate market heating up
VietNamNet Bridge - The presence of big and reputable investors with high end resort and entertainment projects have helped upgrade the competitiveness of the Da Nang real estate market. The map of the high grade resort real estate market of Da Nang has witnessed many changes recently, when a lot of luxurious resort projects, which are in no way inferior to other "hot points" in South East Asia, such as Bali in Indonesia or Phuket in Thailand, have been announced. … [Read more...] about Da Nang resort real estate market heating up