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The expected recovery of resort real estate.
According to research by Savills Hotels Asia Pacific, the tourism industry consistently shows strong recovery after every crisis. In 2003, after the SARS pandemic ended, hotel occupancy rates in the Asia Pacific region fully recovered within 2 to 3 months after the WHO announced the pandemic was under control. Because the Covid-19 pandemic is on a larger scale and has a more significant impact on the global economy, domestic tourism is expected to return in a shorter period, while international tourism will recover slowly but steadily.
To cope with the Covid-19 pandemic, while major economies have implemented numerous "rescue" measures and increased "resilience" to avoid the risk of severe recession, tourism and resort real estate is currently the best-performing segment in the Vietnamese real estate market. In fact, it could be said that short-term market difficulties and fluctuations are actually challenges that help to filter and identify investors with truly capable management and financial resources for the Vietnamese resort real estate market.
The "See you in Danang" communication campaign aims to promote the image of Da Nang City as a safe and friendly destination.
In Da Nang – the province with the highest number of returning tourists – the city has begun implementing solutions to revive its tourism industry. Besides promoting community-based tourism development projects in areas such as Tho Quang - Man Thai, Nam O, and Hoa Vang, restructuring the city's tourism sector is also expected to bring about changes and create a unique identity for Da Nang tourism. One notable event, taking place on May 22nd, was a proactive move to stimulate demand: over 20 domestic travel and tourism companies signed agreements to use services at the Ethereal apartment hotel tower within the Wyndham Soleil Danang project, ensuring top-class accommodation and services for their future customers.
The top choice for real estate investors.
Representatives from more than 20 travel and tourism agencies such as Fiditour, Journey Vietnam, Vinatrips, Vietbooking, Vietsea, Begodi Luxury Travel… all agreed that Wyndham Soleil Danang is their top choice when targeting the high-end customer segment, for four main reasons.
Over 20 tourism and travel agencies have signed cooperation agreements and will utilize services at Wyndham Soleil Danang.
Firstly, this is a beachfront apartment and hotel complex with the most beautiful location in Central Vietnam, offering apartments with unobstructed views of My Khe Beach – the new symbol of Da Nang City. Secondly, the interior design and architecture of the towers are both functionally optimized and sophisticated, evoking a high level of emotion for guests; the room sizes are also rationally divided to suit different customer groups, such as families, couples, or groups. Thirdly, the services here fully meet the needs of the upper class for relaxation, sightseeing, and enjoyment, including: 2 swimming pools (one on the top floor of the building), a glass bridge connecting the towers, panoramic elevators, spas, gyms, and a 5-star standard shopping mall... Fourthly, the management and operation unit is Wyndham Hotel, one of the most prestigious hotel groups in the world.
Towers with panoramic ocean views are a popular choice for tourists, even though booking prices are not cheap.
“With the goal of making Wyndham Soleil Danang an icon of Wyndham in Vietnam, we will organize the most systematic training for our staff – the most important element in hotel operations – and implement the most professional business practices to ensure quality according to the 5-star standards set by the Group, while satisfying all guests who come to Wyndham Soleil Danang, and making it a place where guests return annually,” shared Mr. Nguyen Trieu Phong, Managing Director of Wyndham Soleil Danang.
In the 2020-2021 period, with a total project scale of 3,800 apartments, including 882 units in the Ethereal Hotel Apartment Tower scheduled to be operational in early 2021, Wyndham Soleil Danang is a flagship project marking Wyndham's strategic move in the resort and tourism business market in Southeast Asia in general; and promises to become a highlight of resort tourism in Da Nang in particular.
