HO CHI MINH CITY, Vietnam, Oct. 14, 2024 /PRNewswire/ -- The hospitality and real estate markets in Southeast Asia (SEA) are rapidly growing, fueled by economic development, and a growing middle class. Key countries like Thailand, Vietnam, and the Philippines have seen opportunist investors eyeing upside market potential in the long run.
In the Philippines, the hospitality market continues to recover, with improvements in inbound tourism, mainly driven by South Korean market to beach destinations and business guests to Metro Manila. As a result, interest in the development of hotels, resorts and branded residences is growing significantly, with increasing interest into international brands to ensure superior project quality.
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