Philippines Property Investors Set For Prosperity In 2011
As we leave behind the ferocious year of the Tiger and embrace the more restful year of the Rabbit, the Philippines is busy preparing itself for prosperity in 2011.
As we leave behind the ferocious year of the Tiger and embrace the more restful year of the Rabbit, the Philippines is busy preparing itself for prosperity in 2011.
The paradise beaches of Thailand have been globally recognised as the best in Asia in the latest Traveler’s Choice awards 2010 by TripAdvisor. Four Thai islands, Ko Lanta, Khao Lak, Koh Phangan and Koh Samui were ranked 3rd, 4th, 5th and 6th respectively on the list of “Top 10 Beach & Sun Destinations in Asia” making the land of 1000 smiles the most awarded-Asian country in the category.
Malaysia was one of seven 7 to achieve positive growth in tourist arrivals last year when the rest of the world experienced a 4% decline. This is just another positive indicator for tourism growth on SE Asia which intrun should havwe a positive impact of the real estate and more specifically touristic property market.
An article published today the 4th of March 2010 on the opp.org.uk website indicated that Asia is leading way with regards to Tourism recovery. The article highlighted that research from International Air Transport Association (IATA) showed air travel was up 8.6% compared to the market low in February 2009. Giovanni Bisignani, IATA’s Director General and [...]