De Nhat Hotel reaches high revenue in 2008

4/17/2009


HCMC – The four-star De Nhat (First) Hotel in HCMC has maintained 22% annual growth over the last five years and reached nearly VND167 billion in revenue last year, said hotel director Huynh Van Phat.
Last year’s profit was twice 2004’s profit. The hotel targets VND184 billion in revenue this year and to contribute to its parent company, Saigontourist Holding Co., around VND200 billion till 2010, Phat added.
De Nhat Hotel was constructed in 1969 and launched into operation one year later. The hotel, after several renovations, has 108 rooms, five meeting halls, four restaurants with 2,000 seats, a video game club, business centers and tennis courts.
The hotel has applied ISO 14001 environmental management standards since 2003 and received the ASEAN Green Hotel prize in 2007 for achievements in natural resources, energy and environment protection. This year, De Nhat plans to upgrade its infrastructure and develop its cuisine and wedding services.
De Nhat Hotel was awarded a 2nd class Labor Medal by the State President on Wednesday. Phat also received 3rd class Labor Medal.

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