APAC Hotel and Hospitality Sector
Revenge Tourism is the New Direction of Travel for Asia
Revenge Tourism is the New Direction of Travel for Asia
Despite high airline ticket prices and new widespread Covid-19 variants, we have seen a surge in the demand for travel across regions which have eased Covid-19 restrictions. With staff and operational reductions over the past 2 and a half years, the tourism sector in Europe has been struggling to cope with pent-up demand and the high numbers of travellers. For example, in July 2022, Heathrow Airport controversially applied a daily 100,000 passenger cap to better manage excessive queues, baggage delays and flight cancellations.
Join the community
Most Read
1. Global real estate investment to breach US$1t by 2026 2. How demographic changes will impact Hong Kong’s retail market 3. Singapore GLS programme to offer 8,505 units in H1 2025 4. Distressed sales to attract investor attention in Hong Kong next year 5. Guess which cities lead retail innovation in Asia PacificResource Center
Event News
Co-Written / Partner
Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
It sets new standards for office developments with its striking design and strategic location.