ASEAN Resorts Look to the Skies

• 27 August 2016
• Property Focus
• 1044 Views

Airport upgrades and new constructions are taking place across ASEAN’s top resort areas to increase tourist numbers and drive their real estate markets.

According to Property Report, this trend aims to bring a number of positive local and regional benefits. Greater access and awareness through better connectivity serves as a catalyst for local investment and employment in improved tourist infrastructure and services. As a result land prices rise and internationally-branded resorts seek properties to develop.

Cambodia, Vietnam, the Philippines and Indonesia have been investing heavily in increasing capacity and facilities in key tourist resort areas outside their capitals. Cambodia recently doubled capacity at its coastal Sihanoukville airport.