In 2018, Quang Nam welcomed 6.5 million visitors, up 21.5% over the same period in 2017. Specifically, international visitors reached 3.78 million, up 36.58%; Domestic visitors were estimated at 2.79 million, up 5.33%. Guests were estimated at 2.1 million, up 16.02% compared to 2017.

According to statistics show, surpassing even the “great” trees in tourism such as Da Nang, Nha Trang, Quang Nam is the place to welcome the most international visitors in the country. However, according to market analysis of real estate experts, Quang Nam’s current accommodation infrastructure is extremely poor, low quality services, the number of 5-star hotels and resorts by the end of 2018 has not. up to 10 points. This is a shortcoming in tourism development in Quang Nam, but it also opens up development opportunities for resort real estate.

The length of stay for international tourists in Hoi An is huge: 2.5 days while domestic tourists are 1.9 days. Average room capacity is 65%, but the occupancy of 5-star hotels and resorts is higher: more than 75%. In the peak tourist season, the room capacity of the 5-star tourist accommodation establishments is 90-95%, the situation of “room fire” is not uncommon. This is an opportunity to invest in the Hoi An resort real estate segment, especially the 5-star standard projects.

IN 2019, QUANG NAM MATERIALS NEVER HIGH-CLASS ROOM?

In 2018, the province had 624 accommodation establishments with more than 12,600 rooms. Including 180 hotels with 9,784 rooms (7 5-star hotels, 22 4-star hotels, 21 3-star hotels, 37 2-star hotels, 42 1-star hotels, 10 standard hotels, 41 hotel not rated). 179 villas with 1,745 rooms, 265 homestay with 1,086 rooms.

However, it is worth noting that 2/3 of the number of rooms in Quang Nam accommodation establishments are in the mid-range, small-scale and personal segment. Meanwhile, the number of 4 – 5 star accommodation establishments is in a scarce situation, supply is not enough demand. In particular, international visitors always have high requirements on accommodation facilities and service quality. They also tend to look for hotels with reputable developers to ensure safety. So most of the hotels here have not met the requirements of high-class domestic and international guests.

HOI AN – QUANG NAM BEST LOCATION FOR RESORT CONFIRMATION 2020

Quang Nam province strives to 2020 to welcome 8 million visitors. Thus, by 2020, Hoi An will lack about 10,000 rooms of 3-5 star classrooms, of which 5-star rooms will lack about 3,500 rooms. But up to 90% of the target of welcoming 8 million visitors will be completed in 2019.

The lack of high-end accommodation will result in:

Quang Nam “bleeds” tourism revenue: Many tourists come to Hoi An but are forced to return to Da Nang to rest because they cannot find quality rooms here. If in the future, this situation is not improved, Quang Nam will lose significant income. Not only the length of stay is reduced, but many tourists do not even set foot in Quang Nam because they do not have the desired accommodation. That is not to mention, when guests stay for a long time, other services such as dining, transportation, souvenirs … are more developed.

It is difficult to become a 5-star tourist city: The situation of homestay “half-season” enticing guests, competing against each other to reduce prices, poor service quality has existed for many years in Hoi An. Quang Nam wants to reach further on the Vietnam tourism map, and it is necessary to have more resorts and 5-star hotels to provide better quality services for tourists.

With the vision of making Quang Nam a tourist center, the People’s Committee of Quang Nam province has urgently changed, offering a series of policies to attract high-end real estate investment. Along with that is to upgrade tourism infrastructure, improve service quality. The shortage of luxury accommodation has opened up great opportunities for investors from far away.

WHERE ARE THE OPPORTUNITIES FOR INVESTORS IN QUANG NAM TOURISM property market?

Looking at the statistics on the number of tourists and the number of accommodations in Quang Nam, it is clear that the supply of 5-star hotel rooms is very limited, especially in the high-end segment. Therefore, investing in quality resort real estate is a promising investment strategy in this market.

The Provincial People’s Committee creates maximum conditions for real estate developers to develop projects in beautiful and potential sea areas, 15-30 minutes from Hoi Street. This change has helped many arid areas “transform”, the beautiful beaches far from the center are also known to many tourists.

Especially Ha My beach is one of the most beautiful beaches in the world, located on the “billion-dollar road” connecting 2 tourist centers of Da Nang and Hoi An. This area only has 1 5-star resort The Nam Hai Resort and 1 4-star resort Le Belhamy Hoi An have been put into operation.

IN 2020 WILL INVESTORS SEARCH FOR INVESTMENT SOLUTIONS HERE?

Quang Nam real estate market is rich in potentials: Since the end of 2017, Quang Nam resort real estate market has become a potential “gold mine” when real estate developers both large and small “pull troops” here to develop projects judgment of caliber.

Quang Nam tourism with rapid progress: The tourism plan to welcome 8 million visitors in 2020 has been completed by 2019. For many years, Quang Nam is still the leading locality in the country in terms of international tourists. Opportunities for resort real estate are still many, when Hoi An is short of 10,000 accommodation establishments from 3 to 5 stars.

The project has a beautiful location, good price: These are two important factors that stimulate the interest of investors. A 5-star project, located in the vicinity of the old town with the same investment price could not be more reasonable.

Investment opportunities in coastal resort real estate are constantly increasing in price: Resort real estate is becoming the most profitable and stable investment channel today. In addition to a discount of 8% / year for the first 2 years, from the third year, the investor receives a share up to 90%. With the current growth in tourism, the project’s occupancy rate will certainly exceed expectations.

The Vietnamese resort real estate market is flourishing, but not every locality is as appreciated as Quang Nam with many foundation factors. Quang Nam tourism property is in its infancy, especially when the market is short of supply so this is an opportunity for investors to correctly grasp.

Source: http://bietthubiendanang.net