Merger expected to expand Savills Vietnam’s share w88 link w88 moi nhat hospitality industry

Alternaty, a leading real estate consulting firm w88 link w88 moi nhat Indochina, merged into Savills Vietnam, the largest property company w88 link w88 moi nhat Vietnam, under a deal inked w88 link w88 moi nhat Ho Chi Minh City on March 28.

Accordingly, Alternaty personnel will join Savills Vietnam’s Hotels and Leisure Division, while Mauro Gasparotti and Rudolf Hever, co-founders of Alternaty, will become Directors of Savills Asia Pacific’s hotels division.

The moves aim to boost the development of hotel services w88 link w88 moi nhat Vietnam and Southeast Asia.

Neil MacGregor, Savills Vietnam Managing Director, said that the capacity of Alternaty personnel will help provide better services for the development of the hospitality industry, and help select hotel managers for investors.

With a 26 percent increase w88 link w88 moi nhat the number of foreign tourists to Vietnam, the merger is expected to help Savills access new opportunities on the hotel market w88 link w88 moi nhat Vietnam, which is projected to record a growth rate of 15-20 percent w88 link w88 moi nhat the short term.

At present, along with such major cities as Ho Chi Minh City and Hanoi, Da Nang city, Phu Quoc island w88 link w88 moi nhat Kien Giang province and Khanh Hoa province’s Nha Trang city are also attractive to investors.

Total value of transactions w88 link w88 moi nhat the hotel market reached 500 million USD during the past 24 months.