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resort real estate
Resort property developers remain mired in red ink
Many resort real estate developers reported losses, some bigger than a year earlier, in the first half of 2024 despite a recovery in tourism.
Resort real estate supply recovers sharply in some areas
Property consultancy Knight Frank wants construction of beachfront hotels stopped
Pain set to continue for resort real estate in 2022
The resort real estate market, whose revival was precluded by the third and fourth waves of Covid-19 in 2021, is only expected to recover gradually in 2022.
January 2, 2022 | 12:11 am PT
Resort real estate sales plummet over Covid-19 impacts
Only 19 percent of new beachfront villas were sold in May as the real estate segment felt the impacts of the latest Covid-19 outbreak.
June 18, 2021 | 06:00 pm PT
Resort real estate sees recovery
Up to 778 resort villas at six projects came into the market in Q1, 3.2 times the number in the previous quarter, and and 26 times from a year earlier.
May 2, 2021 | 05:00 pm PT
Title deeds welcome, but condotel woes remain
Official recognition of condotel ownership is a positive move, but it cannot resolve bigger legal and economic issues constraining the sector, experts say.
February 26, 2020 | 06:14 pm PT
Resort real estate lost ground in 2019
From a hot real estate trend for over three years, 2019 marked fall from favor for condotels – controversies and protests dogged the sector.
December 25, 2019 | 12:14 am PT
Resort real estate plunges
Supply and consumption of condotels and resort villas fell by double digits in Q3 as the ‘ghost month’ held investors back.
October 6, 2019 | 05:57 pm PT