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7/25/2019 160508 Vietnam Hospitality Market - Final 10.5.2016
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TH TRNG DU LCHNGH DNGVIT NAMDng Thu Dung, Gim cBP. Nghin cuv Tvn
Ngy 10/05/2016
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2 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
NI DUNG
1. Th trng Bt ng sn Ngh dng ti Vit Nam
2. Cc yu t kch cu th trng ngh dng
3. Trin vng
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3 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
CN H BIT TH
Ngun cung hin hu *BT NG SN NGH DNG
(*): Sliulyk bao gmcc dn hon thnh, angxy dng, v angbn trn thtrng.
Ngun: CBRE VitNam, Q1/2106.
-Bnh dn: US$3,500/ m2
Tngcung btngsnnghdng
0
2,000
4,000
6,000
8,000
10,000
Nha Trang Nng Ph Quc Nha Trang Nng Ph Quc
S
cn
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4 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Cho bn
Tiu th
Gi bn(Scp)
Nha TrangQ1/2016BT NG SN NGH DNG
Cnh Bitth
Cho bn
Tiu th
Gi bn(Scp)
Tltiu th* Tltiu th*
8.038 cnhcho bn+72.4% theo nm
5.472 cnhcbn
+56.3% theo nm
+510%theo nm
+5-10%theo nm
68.1%-7.0pttheo nm
(*) Tltiu thctnh bngtngscnbn trong nmchia cho tngscnmbn mitrong nmv scntntnmtrc.
Ngun: CBRE VitNam, Q1/2106
Cao cp Ton thtrng
680 BT cho bn-0% theo nm
618 bitthcbn
+57.7% theonm
-10%-15%theo nm
-5-10%theo nm
90.9%
+33.2 pttheonm
Cao cp Ton thtrng
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5 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Cc dn micho bn tiNha TrangBT NG SN NGH DNG
Ngun: CBRE VitNam
DIAMOND BAY RESORT II1,410 cn
BUTTERFLYTOWER
590 cn
SYRENA NHATRANG490 cn
CHARM OASIS201 cn
ARIYANANHA TRANG
365 cn
VINPEARL EMPIRE1,3001,500 cn
OCEANUS
738 cn
ROYAL MARINA CENTER
1,052 cn
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6 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Cho bn
Tiu th
Gi bn(Scp)
Nng Q1/2016BT NG SN NGH DNG
Cnh
Cho bn
Tiu th
Gi bn(Scp)
Tltiu th* Tltiu th*
4.936 cnhcho bn+41.9% theo nm
3.820 cnhcbn
+83.7% theo nm
+1.55.0%theo nm
+3%-5%theo nm
77.4%+17.6pttheo nm
(*) Tltiu thctnh bngtngscnbn trong nmchia cho tngscnmbn mitrong nmv scntntnmtrc.
Ngun: CBRE VitNam, Q1/2106
Cao cp Ton thtrng
788 BT cho bn+25.5% theo
nm
571 bitthcbn
+75.2% theonm
-15%-20%theo nm
-10%-15%theo nm
77.2%
+21.6pttheonm
Cao cp Ton thtrng
Bitth
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7 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Cc d n mi cho bn ti NngBT NG SN NGH DNG
Ngun: CBRE VitNam
MONARCHY SN TR120 cn
MNG THANH1,196 cn
NAM AN RESIDENCE18 cn
VINPEARL DA NANG122 cn
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8 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Slngcnhv bitthnghdngbn tngngkBTNGSNNGHDNG
103 cn
2014
481 cn
2015
Nha Trang
Q1 2016
1.357 cn
Ph Quc
2014 2015 Q1 2016
0 cn
850 cn
185 cn7 cn
2014
180 cn
2015 Q1 2016
Nng
1.335 cn
Ngun: CBRE VitNam. Ngun: CBRE VitNam Ngun: CBRE VitNam
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9 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
KHCH DU LCH
Ngun: Ccthngk cc tnh thnh, Q1/2016.
Khch du lchquct
Khch du lchnia
-
200
400
600
800
2010 2011 2012 2013 2014 2015 Q1 2016
Nghnngi
Nng Nha Trang Ph Quc
-
700
1,400
2,100
2,800
3,500
2010 2011 2012 2013 2014 2015 Q1 2016
Nghn
ngi
Nng Nha Trang Ph Quc
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10 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Cng sutphng angdnhiphcTNH HNH HOTNGKHCH SN
Cng sutphng (5 sao)
Ngun: CBRE VitNam, Q1/2016
20%
30%
40%
50%
60%
70%
80%
90%
100%
2010 2011 2012 2013 2014 2015 Q1 2016
C
s
u
t
p
)
TP.HCM H Ni Nng Nha Trang Ph Quc
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11 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
TNH HNH HOTNGKHCH SN
Gi phng bnh qun (5 sao)
Ngun: CBRE VitNam, Q1/2016
60
110
160
210
260
2010 2011 2012 2013 2014 2015 Q1 2016
U
S
p
m
TP.HCM H Ni Nng Nha Trang Ph Quc
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CC YU T KCH CU TH TRNGBt ng sn ngh dng
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BT NG SN NGH DNG
KINH TV M
C S HTNG
TSUTCHOTHU
NGUNCUNGTNG
LAI
CC YU T KCH CU
SN PHM& KHCHDU LCH
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14 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
TNG TRNG KINH T THC Y TH TRNG PHTTRIN
Ngun: Vietnam Capital PartnersBo co v tng lai ca BS hng bin VN
Xu
hngdulchv
ut
BS
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15 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
CHUYNBINR RTTCHU KGNNHT
GDP (%)
FDI NG K(T USD)
LM PHT (%)
LI SUT VAYMUA NH (%)
8.5
6.7
2007
2015
21
23
2007
2015
12.4
0.6
2007
2015 11.2
8.4
2007
20152007 2015
Ngun: Tngccthngk Vit Nam, Thng 1/2016.
77,4 tUSD
198,4 tUSD
Nhn hiuS xe bn c
trong nm 2015
So vi nm
2014
Mercedes-Benz 3.600 150%
Lexus 1.000 250%
BMW 1.500 115%
Ttc cc loi xe 244.914 156%
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16 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
NHNG CH S KINH T Q1/2016
FDI ngktng119% y-o-y ln 4 t
USD
CPItng1,7%y-o-y
GDPtng5,46%(Q1 2015: 6,12%)
Doanh thu bn ltng8,9% thc
Gi dutng5%y-o-y
DtrngoihitngnUSD 40 tTgi USD/VND n
nh
X
0
1,000
2,000
3,000
4,000
5,000
6,000
300
370
440
510
580
650
720
T1/14
T3/14
T5/14
T7/14
T8/14
T10/14
T12/14
T2/15
T4/15
T6/15
T8/15
T10/15
T12/15
T2/16
Gitrgia
odch(Tng)
VNIndex
Gi tr giao dch VN Index
0
5
10
15
20
25
2007 2008 2009 2010 2011 2012 2013 2014 2015
Lisu
t(%)
CPI trung bnh (y-o-y) Li sut cho vay Li sut tin gi
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17 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
LUTNH SAI
LUT NH MI NHNG THAY I CN LUNgi nc ngoi cnhiu quyn li hn trongvic mua, s hu v thubt ng sn ti Vit Nam
Tc c ngi nc
ngoic php
voVit Nam
BAONHIU
BAOLU
MCCH
PDNGCHO AI
TRC
SAU
Ngi nc ngoi
phi lm vic ti Vit
Nam ti thiu 1 nm
v p ng mt s
diu kin nht nh
01
Mt cn h
(Khng c mua
bt ng sn gn lin
vi t)
50 nm
Quyn s hu
trong 50 nm, c
th giahn
(s hu vnh vin i
vi ngi nc noi
kt hn vi ngi
Vit Nam)
.
Khngc cho
thuli
Ch c s dng
30% tng s cn
h trongmt ta
10% tng s nh
bit lp trong 1 d
n
KHNG QU CHO PHP
Nginc ngoi
c php cho thu,
cm c, dng gpvn,
lm qutng, tri n,traoi, v.v.. vi mt
s gii hn nht nh
50+ nm,
Ckh nng giahn ty
thuc volut quynh
(s hu vnh vin i vi
ngi nc noi kt hn vi
ngi Vit Nam
Hiu lc 1/7/2015
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KINH TV M
C S HTNG
TSUTCHOTHU
NGUNCUNGTNG
LAI
BT NG SN NGH DNGCC YU T KCH CU
SN PHM& KHCHDU LCH
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19 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Nhu cubay tngso vingunphicng khan him
Ngnh hng khng nngngthm nhiuchuyn, nhiukhchBTNGSNNGHDNG
Hng hng khng tnhn Vitpht hnh lnura cng chng
Hng hng khng Vietstar chcpgiyphp kinh doanh vnchuyn
Nippon Airways mua 8,8% cphnVietnam
Airlines vigi $108 triu
Air New Zealand (theo ma) v Emirates mchuynbay thngnVitNam vo Q2
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20 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
C s h tng ng vai tr then chtBT NG SN NGH DNG
Ngun: CBRE Vit Nam, thu thpthng 1/2016.
1
60 120Tctithiu Tctia
2 3
45
6
Cao tc H Ni Hi Phng (105,5 km) Cao tc Long Thnh Du Giy
Ci to v xy mi h thng sn bay ti cc tnh thnh (Ph Quc, Nng)
Chc cc hng niahotngtisn bay QuctPh Quc(Vietnam Airline, Vietjet Air v Jetstar Pacific)
Cc ngbay quc t ti Ph Quc:
Ph Quc- Singapore: 2 chuyn/tunbtut2/11/2014(Airbus 321)
Ph QucSiem Reap: 3 chuyn/tunbtut18/12/2014(ATR-72)
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BT NG SN NGH DNGCC YU T KCH CU
KINH TV M
C S HTNG
SN PHM& KHCHDU LCH
TSUTCHOTHU
NGUNCUNGTNG
LAI
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22 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Thm nhiucc sn phm v tin ch phc v du lchBTNGSNNGHDNG
H thngcp di nhtthgiic mangligi tri cho ngnh du lchtiniFansipan?
Ngnh du lchscthc ybicc hotnggiitr?
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23 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Minththcthc ydu lchBTNGSNNGHDNG
C hiulct2004
C hiulct2006
C hiulct2015*
*angthnghimThihn: t1530 ngyNgincngoi hocVit Nam c hchiuncngoi cminththcvooPh Quc(TnhKin Giang) khng qu 30 ngy.
Vietnam slashes visa fees in bid toboost tourismNgun: Thu thptinternet, thng 1/2016.
Ngun: CBRE Vit Nam, Q4/2015.
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BT NG SN NGH DNGCC YU T KCH CU
KINH TV M
C S HTNG
TSUTCHOTHU
NGUNCUNGTNG
LAI
SN PHM& KHCHDU LCH
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25 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Chnh sch cam kttsutlinhunbomdoanh sbnBTNGSNNGHDNG
Premier Village Danang Resort, Vinpearl Resort & Villas10 nmCam kttsutlinhun Thpnht9%/nm(VND) hoc Thpnht5%/nm(USD) hoc Hoc 85% doanh thu sau thu trong 10 nm
PH QUC Bitthk gik nghPhu Quoc Emerald Bay, Phu Quoc Premier Village,Vinpearl Paradise Villas
Cam kttsutlinhun9-10%/nm Hoc 85% doanh thu sau thu trong 10 nm
NNG - Bitthk gik ngh
TP.HCM - CnhnghdngLandmark Plus (VCP)
Cam kttsutlinhun10%/nmtrong 2 nm
Vinpearl Premium Nha Trang Bay, Vinpearl Premium GoldLand, CnhnghdngVinpearl Empire
Cam kttsutlinhun10%/nmtrong 5 nm
NHA TRANGCnhnghdng/bitth
Ngun: Thu thptinternet, Thng 1/2016.
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26 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
T sut cho thu cam kt hp dn hn so vi th trng cn hBT NG SN NGH DNG
T sut cho thu* ti mt vi d n cao cp** ti TP.HCM
BANGKOK4-6%
HCMC6-8%
SINGAPORE2-3%
HONGKONG2-3%
PHNOMPENH
10%
(*) T sut cho thu gp. T sut cho thu rng dao ng t4.5%-6.5%.(**) Cc d n chn lc:Qun 7: Sunrise City, Sky Garden, Panorama;Qun 2: Xi Riverview Palace, The Estella, The Vista.
Source: CBRE Vietnam, Q2 2015.
T sut cho thu* ti cc nc NA
Source: CBRE Vietnam, Q3 2015.
7.40% 7.50%
7.70% 7.70%7.8%
8.0%8.1%
8.2%
6.8%
7.0%
7.2%
7.4%7.6%
7.8%
8.0%
8.2%
8.4%
2012 2013 2014 2015
District 7 District 2
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BT NG SN NGH DNGCC YU T KCH CU
KINH TV M
C S HTNG
TSUTCHOTHU
NGUNCUNGTNG
LAI
SN PHM& KHCHDU LCH
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28 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Cc tn tuilngia nhpthtrngv mrngBTNGSNNGHDNG
Tponkhch snWYNDHAM utvo VnhHLong
NNG Marriot smrngthnghiuvimtkhch
sntrong thnh ph
PH QUC Movenpick, JW Marriot, Novotel,InterContinental gia nhpthtrng
CAM RANH Carlson Rezidor Hotel Group vo thtrngVitNam, nhdubnglk ktdn Radisson Blu VnhCam
Ranh
HI AN ONYX Hospitality Group lnuvo VitNam vidn New Hoi An Town
Ngun: Thu thptinternet, Thng 1/2016.
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29 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
BTNGSNNGHDNG
Centara Nha Trang BayResidence & SuitesTrn Ph, Nha Trang1,080 cn
Mvenpick Resort Cam RanhBi Di, Cam Ranh, Khnh Ha121 cn
NAMAN RESIDENCEV Nguyn Gip, NgHnh Sn16 bitth
A&B Saigon Tower44 Trn Ph, Nha Trang235 cn
Ngun: CBRE Vit Nam, Q1/2016.
Nguncung tnglaiNngv Nha Trang
NHA TRANG
NNG
BchngHotel Complex50 Bchng,Nng109 cn
Alphanam Luxury TradeAn Trung 2,Nng
232 cn
FuramaV Nguyn Gip,Nng500 cn
Tourane CondotelV Nguyn Gip,Nng400 cn
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30 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
Ph QucchuynmnhTHTRNGCNHNGHDNG
JW Marr iott Hotel
InterConti nental Hotel
Sunset Sanato
Grand World
Vinpearl Resort Vinpearl Safari
Novotel Hotel
202 giyphp ccpvo nm2015
25 dn angcxydng
54 dn nguncung
tnglaiNgun: SKhochuttnhKin Giang v BCI Chu
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31 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
NGUN CUT L BN/THUGI BN/THUNGUN CUNG
Nng Nha Trang Nng Nha Trang Nng Nha Trang Nng Nha Trang
KHCH SN
BITTH BN
CNH BN
TRINVNGTHTRNG BS NGH DNG
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32 CBRE | TH TRNG DU LCH NGH DNG VIT NAM
XIN CM N!
2016 CBRE (Vietnam) Co., Ltd. All materials presented in this report, unless specifically indicated otherwise, is under copyright and proprietary to CBRE. Information contained herein,including projections, has been obtained from materials and sources believed to be reliable at the date of publication. While we do not doubt its accuracy, we have not verified it and make noguarantee, warranty or representation about it. Readers are responsible for independently assessing the relevance, accuracy, completeness and currency of the information of this publication.This report is presented for information purposes only, exclusively for CBRE clients and professionals, and is not to be used or considered as an offer or the solicitation of an offer to sell or buyor subscribe for securities or other financial instruments. All rights to the material are reserved and none of the material, nor its content, nor any copy of it, may be altered in any way,transmitted to, copied or distributed to any other party without prior express written permission of CBRE. Any unauthorised publication or redistribution of CBRE research reports is prohibited.CBRE will not be liable for any loss, damage, cost or expense incurred or arising by reason of any person using or relying on information in this publication.