By Dao Loan - The Saigon Times Daily
HCMC – The total revenue of the restaurant system in HCMC in the January-July period amounted to VND27.06 trillion, tripling that of the travel business and six times higher than that of the hotel business.
|Diners choose food at a restaurant of the Windsor Plaza Hotel in District 5, HCMC - Photo: Dao Loan|
According to the HCMC Statistics Office, the restaurant revenue rose by 20.3% from last year’s first seven months.
Among the businesses of restaurant, hotel and travel, the travel business had the second highest revenue with VND9.893 trillion, but it posted the highest growth of up to 40.4% from the same period last year, mainly resulting from the number of international tourists traveling by cruise ship.
Meanwhile, the hotel business obtained VND4.584 trillion in revenue with a growth of only 10.3%.
Truong Vinh Tho, head of the Hotel Division under the HCMC Department of Culture, Sports and Tourism, said that the average occupancy rate in the first seven months of three- to five-star hotels in HCMC was 68% compared to 71% of the year-ago period. The room price of these hotels also dropped, he added.
“We do not manage all restaurants in HCMC but only manage restaurants of hotels. The overall operation of restaurants does not grow strongly, but it is still higher than the accommodation business,” he said.
There were over 2.04 million international tourist arrivals in HCMC in the January-July period, up 10% from the same period last year.