Ho Chi Minh City Hotel Market Dynamics Q1 2026

HCMC's hotel sector recorded strong Q1 2026 performance with RevPAR surging 19.3% y-o-y, driven by elevated occupancy and strengthened ADR during the Lunar New Year period. The market added 82 rooms with the opening of Kin Hotel Central Park, bringing total midscale and above supply to approximately 25,500 rooms across 265 properties. International arrivals to Vietnam reached 6.8 million (+12.4% y-o-y), with HCMC attracting 20 million visitors during the quarter.

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