Taiwan to Get 5 New Luxury Hotels This Year
Skift Take
Taiwan’s travel industry expects inbound tourism to recover, with five new luxury hotels opening this first half of 2024.
Total international visitor arrivals to the Guangdong-Hong Kong-Macau Greater Bay Area are forecast to recover to the pre-pandemic levels at close to 130 million by the end of 2024. This is according to research from Hong Kong Polytechnic University. The PolyU School of Hotel and Tourism Management anticipates a notable resurgence in visitor arrivals to Macau, Hong Kong, and cities within the Greater Bay Area of mainland China. The longer-term tourism demand for the next five years indicates the total number of domestic visitor arrivals in the GBA, as well as visitor flows within the region, will fully recover to pre-pandemic levels by the end of 2024. By 2027, they expect the GBA as a whole to witness over 335 million domestic visitor arrivals along with 195 million inbound visitor arrivals. Visitor flows within the GBA are projected to reach 200 million.
Taiwan’s travel industry expects inbound
