Hanoi hotels deserted despite full tourism reopening

Hotels in Hanoi offer numerous incentives to attract customers, but tourists have not returned in large numbers. Photo by The Investor/Nguyen Huong.
Hotels in Hanoi have resumed operations with big discounts, but performance is far from "normal" amid a meagre number of guests.
Many hotels in the capital are reducing room rates by 40-75%, according to Le Mai Khanh, Vice Chairman of Vietnam Hotel Association.
Notably, La Sinfonia del Rey Hotel & Spa and Acoustic Hanoi & Spa Hotel respectively offered up to 72% and 83% off, while Annatole Hotel Hanoi and InterContinental Hotel West Lake cut their rates by 42% and 48%.
Several 4-5-star hotels reduced prices from $410 to $70 per night, while Hanoi Lullaby Hotel lowered its rate from $271 to $87.
A manager of Golden Silk Hotel at 109-111 Hang Gai street, said his hotel has faced many challenges in the last two years due to a significant decline in guests. To adapt to the pandemic scenario, the facility is lowering room rates, laying off employees, and cutting unnecessary costs.
"Incoming guests need to contact us via our hotline. The manager will then open the door and arrange appropriate rooms. This is a necessary and effective process to maintain the hotel’s operation in the current complex pandemic situation," he said.
Nguyen Thanh Huyen, a receptionist at Spring Flower Hotel, 45 Hang Bo Street, said while the hotel continues to offer numerous incentives to lure clients, most international tourists have not returned in large numbers.
"As a result, our hotel is compelled to reopen discreetly, with as few employees as possible. It cannot afford to run at full capacity when revenues are so low."
The tourism industry is still in recovery mode; therefore, it will take time to return to pre-crisis levels. "They need to reinvest to resume business, which is difficult given current low tourist numbers," Huyen added.
Hanoi House Hotel at 85 Ma May Street in Hoan Kiem district is dealing with waterproofing and mold in all its 17 rooms, and is not expected to reopen until the end of March.
Tran Trung Hieu, Deputy Director of the Hanoi Tourism Department, said the city would conduct various tourism activities and events to warm up the market and draw travelers to the capital. These include tourism conferences and promotions on television, cable news networks, and in newspapers. "These activities are expected to create favorable conditions for Hanoi hotels to reopen faster."
Hanoi has 3,722 tourist accommodation establishments with 69,954 rooms, official data shows. Of this, 589 are hotels, offering 24,371 rooms and accounting for 15.8%.
In the luxury hotel segment, only one new 5-star hotel, Capella Hanoi, made its debut last year, with 47 rooms in the downtown area.
- Read More
VPBank issues Vietnam’s first international sustainable bonds
VPBank has become the first bank in Vietnam to successfully issue $300 million in sustainable bonds on the international market.
Companies - Wed, September 17, 2025 | 10:24 pm GMT+7
Vietnam’s private conglomerate Vingroup reclaims market capitalization crown after 5 years
Vingroup has surpassed state-controlled lender Vietcombank to become the largest market capitalization company in Vietnam as its stock price rose 3.5 times in the past seven months.
Companies - Wed, September 17, 2025 | 10:16 pm GMT+7
First wave of ETF buying could exceed $680 mln if Vietnam secures FTSE market upgrade: broker
Vietnam’s stock market has a strong chance of being upgraded by FTSE Russell in its October 2025 review, a move that could unlock billions of dollars in foreign inflows, said an analyst at broker ASEAN Securities.
Economy - Wed, September 17, 2025 | 4:16 pm GMT+7
Vietnam Education Publishing House faces challenges in curbing fake textbooks
The Vietnam Education Publishing House (VEPH) is encountering a range of difficulties in fighting counterfeit textbooks as the situation is becoming increasingly sophisticated and complex.
Companies - Wed, September 17, 2025 | 3:54 pm GMT+7
Vietnam Airlines the largest holding in gov’t investment arm SCIC’s portfolio
National flag carrier Vietnam Airlines has overtaken Vinamilk and Sabeco to become the largest holding in State Capital Investment Corporation's (SCIC) stock portfolio following the latest capital funding.
Finance - Wed, September 17, 2025 | 3:20 pm GMT+7
Hoa Phat Agriculture submits documents for IPO
Hoa Phat Agriculture Development JSC, a subsidiary of Hoa Phat Group, on Tuesday submitted documents for an IPO of its shares as early as December 2025.
Companies - Wed, September 17, 2025 | 3:03 pm GMT+7
Petrovietnam affirms plan to build eco-energy and industrial center in southern Vietnam
Petrovietnam plans to develop an eco-energy and industrial center project in Can Tho city, the "heart" of the Mekong Delta, its representatives stated on Monday.
Energy - Wed, September 17, 2025 | 11:49 am GMT+7
Thailand - one of Southeast Asia’s fastest-growing markets for AI
Thailand has emerged as one of Southeast Asia’s fastest-growing markets for artificial intelligence (AI), with OpenAI reporting that weekly active users of ChatGPT in the country have quadrupled over the past year.
Southeast Asia - Wed, September 17, 2025 | 10:40 am GMT+7
MoMo co-founder urges single fintech regulator, faster sandbox in Vietnam
Vietnam should establish a single regulatory focal point and adopt a more flexible sandbox regime to accelerate fintech innovation, said Nguyen Ba Diep, co-founder of e-wallet giant MoMo.
Finance - Wed, September 17, 2025 | 8:00 am GMT+7
Indonesia to end incentives for imported CBU BEVs in 2026
The Indonesian government has confirmed that it will stop providing incentives for imported completely built-up (CBU) battery electric vehicles (BEVs) from 2026.
Southeast Asia - Tue, September 16, 2025 | 9:44 pm GMT+7
Aquatic sector advised to navigate challenges, secure exports to EU, US
Despite positive production signals with growth in 2025 projected at 4.25%, Vietnam's aquatic sector is facing mounting export pressures, particularly strict technical barriers in major markets such as the EU and the U.S.
Companies - Tue, September 16, 2025 | 9:41 pm GMT+7
Vietnam pledges favorable conditions for UK businesses
Finance Minister Nguyen Van Thang has affirmed Vietnam’s commitment to improving its investment environment and creating favourable conditions for foreign enterprises, including those from the UK.
Companies - Tue, September 16, 2025 | 9:29 pm GMT+7
Lotte Shopping plans to open more shopping malls in Vietnam
South Korean retail giant Lotte Shopping has unveiled plans to open an additional two to three large-scale shopping malls in major Vietnamese cities by 2030, underscoring the country’s growing role in the group’s international expansion strategy.
Companies - Tue, September 16, 2025 | 9:25 pm GMT+7
Vietnam ratifies WTO Agreement on Fisheries Subsidies
Vietnam officially deposited its instrument of ratification of the Agreement on Fisheries Subsidies at the WTO General Council’s special session in Switzerland on Monday.
Companies - Tue, September 16, 2025 | 9:21 pm GMT+7
What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?
NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.
Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7
Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026
Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.
Industries - Tue, September 16, 2025 | 3:54 pm GMT+7
- Opinion
-
2025 likely a Big Year for Vietnam equity market performance: PYN Elite exec
-
Vietnam-US tariff agreement: A strategic turning point toward deeper integration
-
52,800 Vietnam businesses temporarily suspend operations in Jan: What do the numbers mean?
-
Startup nation, startup Vietnam
-
New mindset key to resolving institutional bottlenecks, promote growth: economist
-
Vietnam embraces new wave of investments: HSBC exec