CBRE Vietnam - Eurocham

Da Nang Hotels/Resorts/2 nd Home 2012• 2011 y-o-y increase in visitors was 34%, of which international visitorsincreased 44% y-o-y• The Hyatt Regency came online in Q4 with 200 five-star rooms, 2012expects InterContinental, Le Meridien, Melia and Pullman to enter DN• In 2012, the DN hospitality market will target Russian tourists with directRussia – Da Nang flights in consideration• Da Nang market continues to perform with 60% of the 40 villas launchedat The Point sold within three months• No construction expected in 2012 without pre-sales• Projects away from the coast see action too – WTC leasing (anchorsalready signed) and Azura to complete Q2CBRE Vietnam | Page 26 CBRE Vietnam Fearless Forcast 2012