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Occupancy and RevPAR both<br />
showing signs of growth in 2011.<br />
Coastal markets such as Phu Quoc,<br />
Nha Trang and Da Nang showed a higher<br />
RevPAR growth rate than HCMC:<br />
60<br />
55<br />
50<br />
45<br />
40<br />
35<br />
30<br />
25<br />
20<br />
Hotels 2012<br />
RevPAR (US$/room/night)<br />
2009 2010 2011F<br />
HCMC Da Nang Phu Quoc Nha Trang<br />
Phu Quoc continues to lead the coastal<br />
market with 20% y-o-y increase in<br />
RevPAR, expected to be an attractive<br />
destination for investors in 2012.<br />
The operation of new Da Nang International<br />
Airport terminal in December,2011<br />
facilitates more direct international<br />
flights to Da Nang from locations such<br />
as Seoul and Kuala Lumpur.<br />
<strong>CBRE</strong> Vietnam | Page 25 <strong>CBRE</strong> Vietnam Fearless Forcast 2012
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