Cambodia to Revive Coastal Tourism Projects
Skift Take
- A white paper on the Corporate Travel Management Market said some 84.5% of companies in China are expecting an increase in domestic travel business budgets for 2023.
- Cambodia is making plans to finish developing large tourist areas along its coast on the Gulf of Thailand.
- Dusit Hotels and Resorts is set to expand its global and domestic footprints by opening three hotels in the next 30 days, including two new properties in Bangkok.
A white paper on the Corporate Travel Management Market said some 84.5% of companies in China are expecting an increase in domestic travel business budgets for 2023. 74.5% expect an increase in international business travel budgets. Trip.com’s Trip.Biz unit released the report with the study noting that business travelers are increasingly eager for a comfortable, safe and efficient travel experience meaning there will be demand for fast track security lanes, flexible change & cancellation policies and quality hotel service. In 2022, over 30% of companies allocated more than 10% of their budgets to business travel, higher than in 2021. The study also showed nearly 60% of the companies have begun digitalizing their business travel processes.
Cambodia is making plans to finish developing large tourist areas along its coast on the Gulf of Thailand. Chinese investors began turning Sihanoukville into a large gambling center five years ago but
