Vietnam Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hospitality Industry in Vietnam Report is Segmented by Type (Chain Hotels and Independent Hotels), and by Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid Scale Hotels, and Luxury Hotels). The Market Sizes and Forecasts are Provided in Terms of Value (USD Billion) for all the Above Segments.

Vietnam Hospitality Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Vietnam Hospitality Industry Overivew

The hospitality industry in Vietnam is fragmented and a combination of both international and domestic brands and chain hotels. The industry is still in a developing stage, and a majority of the hotels/chains are either independent or homegrown brand chains. The brand penetration rate is also growing, with the increasing number of domestic and international tourist activities in Vietnam. Some of the major players in the market are Vinpearl, Muong Thanh Hospitality, Accor Hotels, InterContinental Hotels Group, and Marriott International, among others.

Vietnam Hospitality Market Leaders

  1. Vinpearl

  2. Muong Thanh Hospitality

  3. Accor Hotels

  4. InterContinental Hotels Group

  5. Marriott International

  6. *Disclaimer: Major Players sorted in no particular order
Vietnam Hospitality Market Concentration