Hotels fear they may lose guests to Airbnb

27-Oct-2018 Intellasia | Vietnamnet | 6:00 AM Print This Post

Several years ago, hoteliers in Vietnam did not think Airbnb could be a threat to them. But that is no longer the case.

Two years ago, there were only several thousand rooms for rent via Airbnb, mostly in Hanoi and HCM City. But the figure has increased by many times.

The statistics provided on the sidelines of the event on the 2018 Vietnam hotel survey in July showed that 16,000 rooms are for rent via the Airbnb app in Hanoi and HCM City, about the same number of rooms at 2-4-star hotels in HCM City, the country’s largest tourism centre.

Analysts noted that Airbnb’s market share in Vietnam has been increasing rapidly thanks to the strong rise of the sharing economy.

Travellers now tend to book room hotels via internet and other channels. Many of them choose homestays which not only provide them with accommodations, but also opportunities to experience the life of local people.

Airbnb is also becoming increasingly popular. Travellers not only can find rooms to stay in Vietnam, but also can order other services to their requirements and financial capability on

According to Nguyen Son Thuy, the owner of Earth Villa in Hoi An, previously people did not think of renting their idle rooms because they did not know what to do. However, in a sharing economy, it is much easier.

More and more landlords are registering to rent their available rooms. Mini hotels, household-run hotels and guest houses have also joined the accommodation sharing service.

This has become a ‘fashionable business’ not only in Hanoi and HCM City, but also in other cities, including Hoi An ancient town, where there are many mini hotels and houses with gardens.

The strong development of Airbnb has caused a big worry to hoteliers. If the number of rooms available via Airbnb continues increasing as it has done in the last few years, traditional hotels will have a new rival.

“The accommodation sharing service has been developing well. 1-3-star hotels feel the pressure from the service,” said Tao Van Nghe, a hotel expert.

The manager of a small hotel in the central area of HCM City said he did not worry about Airbnb some years ago, but now updates his information weekly. He is worried because the number of landlords registering to share accommodations via Airbnb has been increasing rapidly.


Category: Economy, Vietnam

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