Revenge Tourism
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. Why Bali hotels’ performance is expected to soften in early 2025 2. Singapore to see diverse pipeline of residential projects this year 3. Singapore CBD Grade A office rents rise for third straight quarter in Q4 4. APAC 2024 commercial real estate investment volume breaches 2022 levels 5. Singapore HDB resale prices up 2.6% in Q4Resource Center
Event News
Residential
Banyan Group turns to space management for Phuket properties
It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.