Short Term Rental Opportunities Exploding in Asia
We will have 5 furnished units in Vietnam in the next 2 weeks.
All of this has been acquired within the last 2+ months. Every unit has been well received and we have over 95% bookings so far. Our current investments have generated much higher return than our AirBNB locations in North America.
This is due to several factors:
1) There is a huge pent-up demand from most countries to visit Vietnam due to the currency exchange rates. Most of our guests have been Vietnamese ex-pats and affluent Vietnamese citizens desiring to travel again.
2) E-Visa is being issued by Vietnamese government directly and you can apply online from the comfort of your home. This has allowed a huge influx of tourists to come but the hotel industry has yet to recover from the pandemic (staffing shortage is an issue as well).
3) Long term leases on the most desirable locations and 5 star high-rise units are a fraction of what they are in North America.
Although we have great teams to handle as much visitors as we can, we have had to turn away a few guests due to overcapacity and don't want to double book our place. Want to learn more about how you can get involved and take advantage of this opportunity? Just book a call.
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