Resolution of Da Nang resort property


Da Nang resort real estate market faces to strong supply

Up to now, there are 25 high-end resorts in Da Nang that have been operating and are under construction.

Da Nang real estate market

The East Coast of Da Nang is home to many high-end resorts

This figure is expected to increase rapidly in the coming years. This is in the right direction with the planning of the city’s tourism industry. As the MICE tourists are expected to turn Da Nang into the center of the supply of resorts in the Central and the country.

In recent times, Da Nang has held important events of the city in particular and the country said. It is the annual international fireworks festival and successfully held the APEC 2017 Summit.

According to many experts in the tourism industry, this is the concrete move that the local desire to perform well to introduce the city tourism and increase the attractiveness of the resort vacation here. In addition, the image of the new destination combines tourism and travel (MICE) promotion for tourists near and far.

The number of projects is constantly increasing after the events.

The most prominent feature of these activities is that the number of resort projects investing in Danang is constantly increasing.

According to the survey of CBRE, to the time near the end of current and expected next year. Danang will have about 2,000 hotel rooms on the coast, most of which are high-end 4-5 star hotels. This growth exceeds the number of hotel rooms in the central Da Nang area is only 700 rooms.

Da Nang City

The number of high-end hotel rooms in the coastal area has increased sharply in the city center

Not to stop there, a 5 star standard room will still be available in the second half of this year. Currently there are many 5 star resort projects are in the investment and construction phase completed.

“That means in a few years, Da Nang will still be a hot spot to attract and consume resorts.” A local tourism industry leader emphasized the point.

Right in the international press approach during the APEC event in Da Nang. The city’s leaders also affirmed that the advantage brought by the tourism industry, especially tourism is the main economic development direction of the city.

Actually, running along the Son Tra peninsula and two sides of the Han River to the Danang Bay. These are real estate projects resort, luxury hotels, villas, … have been implemented.

City authorities are extremely interested in these projects. Steer strictly handling any projects that violate or delay the progress.

Pay attention to the speed of development.

Contrary to these encouraging signals, there is concern about the need for better, more strategic management methods from the city and project investors. This will help the activity of local resort property not to face future mistakes.

A Japanese expert on JICA’s Da Nang market survey said that the goal of increasing the supply of resort and MICE tourism activities in the locality is underway. Local solutions must be better managed than the relationship between infrastructure investment and service exploitation. In fact, Da Nang has raised many worrying gaps in this regard.

In particular, is the quality of Da Nang beaches now well served for rest and is proportionate to the 4-5 star project here or not?

Da Nang beach

Da Nang beach is in proportion with the system of high-end hotels or 5-star is no longer a question to be answered

Up to now, except for two high-end resorts invested by Furama, Vipearl Luxury, etc. There is a beach that is regularly maintained by a professional team. Most of the coastline in Danang is now loosing quality management of beaches and services there.

So, who dares to be sure that when the high-end resorts spring up, it will balance the social infrastructure and living neighborhoods?

In addition, as the number of resorts and luxury hotels increases rapidly. Da Nang tourism in particular and local labor supply in general will be difficult to meet immediately require the accompanying services of the project.

Currently, in Da Nang, the competition between hotels and resorts in the center has taken place and will be even more intense. Accordingly, the attractiveness of the resort projects is likely to be higher than in the center.

Obviously, in the development strategy of the economy, spearheaded by Da Nang tourism, it is necessary to aim for a more serious investment in quality. An overall development of human resources to service infrastructure is essential now.

Orientation to attract and promote investment projects on resorts, high-end services accompanied by true and necessary. But it is required to master the situation in the current trend of development.

Pay attention to the quality of supply is also an important requirement at this time of the city.

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