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Vietnam Benefits From Thailand Turmoil

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Posted: 26 Jul 2010 | 6:00 am

While for those in the 'Land of Smiles' the first half of the year was synonymous with the color red and a staggering blow to the tourist sector.

For nearby Vietnam a redirect of travelers to other Asian destinations helped boost the country to hit 2.5 million overseas visitors in H1 2010.

While the total numbers still pale in comparison to Thailand, the upswing and full scale push of both domestic and foreign investment into the hospitality sector show a ramp up this will aid long term growth dynamics.

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THAI HOTEL SHARE PRICES
Name Current Change

CENTEL 11.200 0 %

DTC 35.250 -0.7 %

ERW 2.560 0.79 %

GRAND 1.230 -0.81 %

LRH 48.500 0 %

MANRIN 10.400 4 %

MINT 11.800 0.86 %

ROH 17.400 0.58 %

SHANG 30.500 -4.69 %

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