The hotel sector in Vietnam and how IHCS has contributed to the development of various hotel or resort projects in the country
The hospitality industry is not only confined to the hotel sector, but it also incorporates services related to food, drink, theme parks, and transportation. However, we will be only focusing hotel sector from this industry, and especially it’s working in Vietnam. The hotel development in Vietnam incorporates many domestic and international brands, along with their […]
The hospitality industry is not only confined to the hotel sector, but it also incorporates services related to food, drink, theme parks, and transportation. However, we will be only focusing hotel sector from this industry, and especially it’s working in Vietnam.
The hotel development in Vietnam incorporates many domestic and international brands, along with their chain hotels. However, a huge quantity among them is the homegrown brand chains or independent ones. In other words, we can say the industry is in the developing stage. Also, the international brands are located mostly at the tourist attractions in the whole country.
IHCS has contributed to the development of various premiums hotels and resorts development projects in Vietnam. Following is a list of some ways IHCS is contributing:
Maintain a balance
During the hotel development, one of the most important factors is to maintain a healthy balance of investment and hotel location. Being a hotel owner in Vietnam, you must remain aware of the fact that you once have to make the decisions regarding hotel size, hotel location, and amenities, and it will felt forever. Also, the major concern is the profitability factor, and it will be greatly affected by the development decisions. Therefore, one must ensure a healthy balance to increase profitability. IHCS Hotel Management & Investment Company plays a significant role in this case. Being a hospitality specialist, IHCS guides the Vietnam investors within the tourists sector about the best locations in the country where different brands can develop their projects and earn handsome profit. Also, it will have a positive impact on the economy of the country.
Creating flexible relationships with vendors
Vendors are the people or the companies that offer a particular thing or product for sale. For the positive growth of the hospitality industry, it is necessary to develop a flexible relationship with the vendors. You might get surprised to know that one of the largest bundles of the cost that the hotel owner gets comes from the vendors. These vendors can be companies that provide cleaning products for the hotel, or they can be your hotel’s website developers. For coping with the rapidly changing technology, it is necessary to maintain a healthy and flexible relationship with these people. IHCS has made the Vietnamese hotel industry think twice about this factor, and it is one of the major reasons behind their positive growth in this sector in such a limited duration.
Ensuring labor loyalty
One of the major factors that affect hotel sector business is labor loyalty. The profitability factor gets affected by the expense of hiring the labor. Therefore, for positive development and best outcomes, it is necessary to focus on the workforce that stays loyal till the end of the project. IHCS is providing exact details about the most loyal laborers to the hotel sector in Vietnam. We will not only help in the successful completion of the hotel projects but at the same time, it will be a huge turnout for the country’s welfare. Also, the best interiors and exteriors will eventually result in increasing the tourism of the country.
Healthy consumer relationships
Various feasibility studies have proved that the digital transformation of the world has completely changed the perspective of the hotel development sector. The majority of the marketing and sales details are now handled digitally. Therefore, for the best outcomes, one must install new digital systems that not only speed up the process but also help in maintaining healthy consumer relationships. IHCS is helping the hospitality sector in Vietnam in this concern. We are providing complete details regarding the newly built and functional digital systems that will make sales super fast and attract more guests than before. Also, with the help of this, the sector will be able to maintain a healthy relationship with its consumers.
Investment in technology
With the rapid growth in technology, it is necessary for any business area to stay competitive. Nowadays, there is no need for the “search & select hotel operators” process. Everything can be done digitally. If you keep on following the older footsteps and try to exempt the technology factor from your list while the development of hotels, then you will surely get no reward afterward. Everyone around the globe wants to enjoy the benefits of new technology, so in order to compete, you must have all the latest systems at your hotel and in your country. For the best hotel brands to visit Vietnam, IHCS has provided all the details encompassing the latest technology, its installation, and its benefits. We are pretty sure that after the technology gets fully functional, new driveways will be open in favor of the country.
Promoting the growth of soft-brand hotels
You must be thinking about what soft brand hotels are. Well, these are the signature hotels or the ones that are individual names and affiliated with some major national level franchise. Promoting the growth of these types of hotels will have a positive impact on the profit factor of the country that it is gaining from the hotel sector because by promoting these hotels, the country’s national franchise distribution system will also be promoted. IHCS has let the Vietnam government and tourists sector to focus on this factor for the betterment of the country. Also, these hotels have the highest occupancy rate, so it will definitely be in favor of the country in this way also.
Promoting customer freedom
With the betterment of technology and society, consumers nowadays are more educated and sophisticated as compared to what they were around a decade ago. Years ago, there are very few travelers to the country that understand the differences among various hotel brands. However, it’s not the case now. As now, consumers are more knowledgeable, and they know their rights well; therefore, the best way is to provide them every type of freedom they desire. IHCS plays also a significant role in this cause for the Vietnam hotel development sector.
If you need to develop a hotel or resort in this wonderful country, we invite you to contact us.