Thailand Leads Asia's Branded Residences Market With 23% Share
Skift Take
Thailand leads the Asia branded residences market with a 23.3% share, Phuket has the most units, and Singapore buyers dominate the region.
Shanghai, China, has a new three-year action plan that aims to elevate its global tourism standing. The strategic initiative is starting this year and is designed to solidify Shanghai's position as the premier gateway for inbound tourism in China and elevate its status on the global tourism stage. The six distinct areas outlined comprise 21 tasks to enhance the quality and reach of Shanghai's tourism sector. A major focus of the initiative is the development of world-class attractions, including theme parks, an international cruise tourism resort, and an eco-tourism hub. The plan emphasizes the fusion of technology and investment, aiming to create immersive and innovative consumer experiences that attract tourists from around the world. Things are already going well, as evidenced by the influx of 17.78 million visitors for the 2025 Chinese New Year holiday, which is up 6.08% compared to CNY 2024.
The average nightly cost of a Macau five-star hotel
