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🏝️ Tourism is booming, and the popularity of these islands is rising, but the poor infrastructure and risks of over-tourism might challenge the progress of #Bali and #Phuket. Find out more in our latest market report: https://lnkd.in/dWW4z7iS #HotelAssetManagement #HospitalityTrends #APAC
The booming tourism sectors of Phuket and Bali are both at risk of faltering unless infrastructure issues are addressed, according to the latest market report from Global Asset Solutions. The report's author, Douglas Louden said: “The sustainability of growth in these two islands remains in question as both must deal with creaking infrastructure and the genuine risk of over-tourism. The relaxation of visa controls is certainly a contributing factor to this growth and is a lesson other destinations in the region need to take heed of. “There is a great incentive to resolve these issues and the local governments are working on solutions. If successful, both Phuket and Bali have the potential to grow into highly successful, high-quality destinations.” 🌍 The full report is available on our website: https://lnkd.in/dGMdczn4 #hotelmarketreport #phuket #bali #tourism
