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Resilience of the post-Covid tourism industry
Date : 2020-05-30

According to Savills Vietnam, tourism and resort real estate market is forecasted to be strong recovery sectors after the epidemic.

After the social gap ended on April 22, domestic tourist sites began to reopen. The entire tourist city of Vietnam has opened its doors to domestic tourists.

In fact, during the holidays 30/4 and 1/5 last, the tourist city has witnessed a large number of tourists flock. Some high-end resorts in Da Nang, Hoi An, Nha Trang and Phan Thiet are fully booked until the end of May. Tourism is one of the strong recovering industries after Covid-19 thanks to the wave of "rescuing" tourism. country.

Recovery after epidemic

Previously, the World Tourism Organization ranked Vietnam third in the 10 countries with the fastest international tourist growth. According to the American Tourism Association, Vietnam is one of the 10 most attractive destinations in the world in 2019.

Currently, Vietnam is also a country highly appreciated by the international community for its ability to control diseases. Policies for foreigners in Vietnam and Vietnamese returning from the epidemic areas have made a deep impression, making Vietnam an attractive, friendly and safe destination in the eyes of foreign tourists. International.

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Tourism is expected to prosper after the disease.

The strong wave of tourism recovery after epidemic control is an important basis for investors to strengthen their belief in resort real estate.

Ready for new waves

Currently, many investors with abundant financial resources have launched with attractive policies. According to economic experts, this is a rare opportunity that investors can take advantage of to own quality resort real estate products with good profitability and reasonable investment.

For example, to own a condotel worth 2.5 billion at Grand World Phu Quoc, investors only need to invest 550 million within 3 years. This is an investment within the reach of numerous customers.

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The recovery of tourism promises to help the resort real estate grow.

Located in the heart of Phu Quoc pearl island, with convenient transportation connection, Grand World entertainment shopping complex is becoming the target of many investors.

The project has implemented a unique strategy when paving the way for the night economy on the Pearl Island. The idea of ​​the night economy of Grand World Phu Quoc comes from in-depth study of tourist cities that specialize in getting rich because of "no sleep" such as New York (USA), Paris (France) or Bangkok (Thailand) ...

Close to 85 hectares of Grand World are special destinations such as Corona Resort & Casino Phu Quoc - the first casino to allow Vietnamese to play, 18-hole golf course, VinWonders entertainment paradise, Vinpearl Safari open-sale zoo. . These places help visitors stay longer, spend more on food, entertainment and shopping.

As a result, the condotel and commercial shop here promise to generate revenue and profit 24/7 year round. The developer also commits a minimum profit of 10% for 3 years with condotel products, commits to rent 5% / year for the first 2 years from the date of delivery of Vincom commercial shop.

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Grand World Phu Quoc is becoming the investment focus of the resort real estate hunting group.

After a pandemic, some investors must suspend payment of profits or convert to convertible products. However, Vingroup still pledges 10% profit per year and pays investors on time and in full.

However, before going down, investors should pay attention to many factors. Mr. Troy Griffiths, Deputy General Director of Savills Vietnam, said investors should not only look at the number of profit commitments, but should also look broadly and take into account the factors that ensure their investments can bear future words. It is the reputation of the investor, the ability to manage operations, surrounding infrastructure elements. Locations of investment projects should be located in localities with beautiful beaches, strongly attracting tourists such as Phu Quoc, Nha Trang ...

 

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