Caravelle Hotel

Celebrating its 50th anniversary in 2009, this slightly corporate feeling but exceedingly comfortable hotel on Lam Son Square is the runner-up to the Park Hyatt for the title of the city’s top hotel. And it certainly has history: among many other foreign correspondents, Walter Cronkite stayed here before delivering his famous “stalemate” broadcast in 1968. Now a favorite of tour groups and conventioneers, with an appropriately bustling lobby, the hotel is especially known for its ninth-floor bar, Saigon Saigon. Its 335 guest rooms feature clean lines, the latest mod-cons, and city and Saigon River views.