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Hanoi’s tourism lost $3.6 billion in 2020 amid Covid-19 crisis

January 16, 2021

Hanoi received 8.65 million travelers in 2020, just 30 percent of the figure in 2019. Losses were estimated at $3.6 billion. The city aims to attract 15.34 million domestic travelers in 2021 A report from the Hanoi Tourism Department released on January 20 showed a sharp fall in the number of travelers to the capital city in 2020 because of Covid-19. The total of 8.65 million travelers included 1.11 million foreign travelers, a 84 percent decrease from 2019, and 7.54 million domestic travelers, a 65 percent decrease. Hotels in Hanoi suffered heavily from the two Covid-19 outbreaks, especially 3-5-star hotels as there were no foreign guests. According to the Hanoi Tourism Department, 950 out of 3,587 hotels in Hanoi had to suspend operation. The room occupancy rate of 1-5 star hotels was about 30 percent, a decrease of 38 percent compared with 2019. Around 1,307 travel firms in Hanoi provide both international and domestic travel services. The sharp fall in number of travelers led to 90 percent of travel firms closing or suspending operations. Since January 2020, 159 firms providing inbound tours and eight firms providing domestic tours have had their licenses revoked. Thanks to two domestic demand stimulus campaigns,…

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