Hotel investment in the World Heritage Town of northern Laos’ Luang Prabang has slowed with no new registered projects starting in the first five months of 2017, local daily Vientiane Times recently reported.
The Luang Prabang provincial head of tourism management division, Phonesavanh Jelakha told Vientiane Times that presently the province has six hotels under construction which have carried over from last year.
Tourist numbers increased by over 10 percent in 2016, which will fuel further accommodation investment, said Phonesavanh.
The province’s Information, Culture and Tourism Department reported recently that arrivals during 2016 to Luang Prabang rose to more than 601,000, from 531,237 in 2015.
Luang Prabang expects the number of tourists to rise to more than 700,000 with many more flights between Luang Prabang and China, Malaysia, Singapore, South Korea, Thailand and Vietnam.