Honoring Commitments

Vietnam’s coastline and hospitality market are extremely exciting and still have a lot of untapped potential, which makes it an attractive destination for condotel products. There are concerns, however, with the speed at which condotels are progressing and whether it is happening too quickly.

Vietnam Investment Review featured a two page article by our Indochina Strategic Advisory Director, Michael Piro, on the popularity of condotels in Vietnam and the need for developers’ commitment to transparency and efficient cash management for this property segment.