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Broadway Night – Furama Resort Danang's unique end-of-year celebration was successfully held at the newly opened Ariyana Convention Centre on December 31st, 2017.

The spectacular night of culture, art, and entertainment featured a blend of the finest musical excerpts with the marvelous interaction between music, lights effects and stage designs, delighting more than 500 guests with one surprise after another which they will cherish for a long time.

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According to Danang municipal Department of Tourism, the city has seen a significant growth in the number of foreign tourist arrivals in 2017.

It is estimated that the total number of visitors coming to Danang city has reached 6.6 million in 2017, rising by 19% compared to 2016 and achieving 104.8% of this year's target.

The total number of foreign visitor arrivals is expected to have increased 36.8% compared to 2016 to 2.3 million this year, achieving 114.7% of 2017's target. About 4.3 million domestic guests are predicted to have visited Danang in 2017, rising by 11.3% against 2016, obtaining 100.1% of this year's target.

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DANANG HOTEL REAL ESTATE MARKET IS STILL GROWING WELL

CBRE Vietnam has just published a report updating the situation of Danang hotel real estate market in the first half of 2017. Accordingly, the segment of hotel, resort and villa continues to be exciting with the launch of many new projects as well as the presence of many famous brands in the world.

The report also suggested that in the second half of 2017, 3,800 more rooms will be added from 21 new hotels, which contribute to the total supply of 16,800 rooms. The average room rate is expected to increase by 40% over the same period in 2016. Regarding room rates, the report indicated that the average rate for a 4 to 5-star hotel is USD 117.6/room/night with 4-star hotels being leaders in revenue.

According to CBRE Vietnam, numerous new projects will bring a considerable growth in room supply for the hotel real estate market in this coastal city.

In order to prepare for APEC 2017, large-scaled projects such as renovating the International Convention Palace and completing the International Terminal of Danang International Airport are under their final stage to welcome the biggest event of the year.

According to the statistics of Danang Department of Tourism, there were a total number of 617 operating hotels in Danang with 24,000 rooms in the first six months of 2017.  It is expected that the segment of midscale and luxury hotels and resorts will achieve a significant growth of room supply with an increase of 30% and 27% respectively in the next 3 years.

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