Global Resort Report 2019
Experience economy drives resort investment appeal globally
Buoyed by the rise of experience-driven travel and an affinity toward locally-inspired hotel offerings, resort assets remain a top target among investors. According to JLL Hotels & Hospitality’s Global Resort Report: Three-Part Series (“Global Resorts”), international tourist arrivals are anticipated to reach 2.2. billion in 2019, with a continued growth trajectory throughout the next decade, which will benefit resorts globally.
In the Asia Pacific series, we focused on three key resorts markets, which include the Maldives, Phuket in Thailand and the Gold Coast in Australia. Our commentary highlights market dynamics unique to each resort destination related to infrastructure developments and tourism assets, demand and supply fundamentals and investment trends.