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. Delhi residential launches down 2% to 42,500 units in 2025 2. Mumbai home sales drop to three-year low amid cautious market 3. Ernst & Young’s Seng Leong Teh: Developers must acquire, build own proprietary data capabilities 4. Bangkok office market faces 436,000 sqm supply wave in 2026 5. Vietnam North logistics pipeline set to expand by 683,000sqm in 2026Resource Center
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Ernst & Young’s Seng Leong Teh: Developers must acquire, build own proprietary data capabilities
He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.