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.
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1. Singapore high-end residential rents rise for sixth straight quarter 2. Prime assets and income security drive Asia Pacific property investment trends 3. Condominiums hit new price peaks across Vietnam in Q1 4. Singapore industrial market sees widening gap between prime and ageing assets 5. Singapore private residential leasing rebounds 4% in Q1Resource Center
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
