Ministry of Culture and Tourism said, the number of 5-star hotels in China was 845 at the end of 2019.
According to a new report published by the Ministry, China has a total of 10,003 star rating hotels registered, including 2,550 4-star hotels and 4,888 three-star hotels.
Billion-star hotel camping shirt, hoodie, tank top, sweater
In 2019, the star-rated hotels in China yield a total turnover of more than 190.7 billion yuan (about 27.5 billion), with the room sales, accounted for 42.49% and the income from the foodservice accounted for 38.19%, the report said.
In terms of sales strategy, from quarter II/2020, Novaland has partnered with several leading real estate business units in Vietnam to strengthen the promotion, introducing Novaland real estate products to customers and investors across Vietnam. Distribution partners are bridges between Novaland and customers; Through these partners, customers will have the opportunity to access high-quality projects, the sustainable response of Novaland.
In quarter II/2020, the company held several sales events at the Aqua City Project after the social status was loosened. The project notes the fill rate for the set of townhouses, shophouses, villas with an average takeoff rate of up to 95 percent for each sale, this is a positive sign for the Southern property market which is scarce supply. In May 8/2020, the company is planning to open the new stage of the Aqua City project, with a modern tropical architectural style that promises to create a large attraction from the market.
On The second apartment segment, Novaland developed The Wonderland at the NovaWorld Ho Tram recreation complex which had just launched in the past 6 months. The complex includes the commercial services area, Ocean entertainment activities, 4-star hotel complex, more than 270 seaside townhouses. Earlier, more than 100 Tropicana sea-view villas were hit the market.
Although the group’s board of directors said this year would be a challenging year, the long-term strategy would not change. In the medium and short-term, the company will focus on projects that meet the practical needs, suitable for the customers ‘ money. The company plans to develop 22 projects in HCMC. HCM, Dong Nai, Binh Thuan, Khanh Hoa, Ba Ria-Vung Tau and handover 10 projects to the buyers.
Novaland is a large listed company on Vietnam’s stock exchange. In the conclusion of month 7/2020, Novaland shares (NVL) went on to reach the top 30 largest listed companies-VN30. Moreover, Novaland stocks again reached the Vietnam Sustainable Index (VNSI). VNSI aims to standardize the sustainable development for listed companies, support organizations and individuals to identify good companies to invest, promote sustainable development in the economy and provide a new tool to promote the development of the stock market and the economy.