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Spain Gains Diverted Snowbirds

Category: Tourism, Posted:24 Mar 2011 | 06:00 am

The strained Spanish tourism market has received a much needed boost through a redirect of European snow birds.
Traditionally visitors from Scandinavia, Germany and the UK have gone to Egypt and Tunisia for cut rate holidays; but given the current political events in the region they have opted to travel to Spain.
According to figures released by the Tourism Ministry recent increases have been the first gains posted in the market in more than a year and a half.
Mass tourism tends to be a fickle friend or foe, and looking at Phuket as it moves into large Chinese and Russian segments it's important to remember they can change destinations as fast as they decided to come in the first place.

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C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
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Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
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GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
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