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News related to tourism

Turkey sees increase in foreign buyers, official real estate figures show
2013-08-02 13:28:00 [Global News]
Foreign buyers are interested in the real estate market in Turkey with figures from the country’s Ministry of Environment and Urban Planning showed that sales to overseas buyers more than doubled in the first six months of 2013 compared with the same period in 2012.Read full article: [Turkey sees increase in foreign buyers, official real estate figures show]
 
Tourism boost and World Cup effect set to attract buyers to north east Brazil
2013-04-11 09:07:47 [Latin America]

A massive boost to tourism in the north east of Brazil is set to increase international interest in property in the region, according to real estate experts on the ground.
Read full article: [Tourism boost and World Cup effect set to attract buyers to north east Brazil]
 
Club Med Moves Upmarket and Into Real Estate Sales
2012-01-12 13:02:36 [Europe]

Club Med has launched its first ever luxury chalet and apartment development in the ski-ing resort of Valmorel, France.

Read full article: [Club Med Moves Upmarket and Into Real Estate Sales]
 
Private holiday rental market in UK sees growth
2011-10-26 10:03:36 [Europe]

Frugal tourists are driving the growth of the private holiday rental market in the UK, according to research.

Read full article: [Private holiday rental market in UK sees growth]
 
Quality property investors starting to buy again in Vietnam
2009-06-25 09:44:14 [Asia]

Vietnam's property market is showing signs of recovery with quality investors now entering the market as opposed to speculators.

Read full article: [Quality property investors starting to buy again in Vietnam]
 
Future expansion of hotel sector likely to be in China and India
2009-05-11 12:13:01 [Asia]

Hotel property companies are looking East, particularly to China and India, for growth as traditional locations suffer from falling revenues due to holidaymakers and business travellers cutting back to save money in the global downturn.

Read full article: [Future expansion of hotel sector likely to be in China and India]
 
Costa Rica property market slowdown offers long term investment potential
2009-05-10 14:13:47 [Latin America]

Property prices are falling and real estate developments are being delayed as the market in some parts of Costa Rica are affected by the global downturn.

Read full article: [Costa Rica property market slowdown offers long term investment potential]
 
Slump in summer property rental prices in US
2009-04-16 16:13:38 [North America]

Real estate owners in the US who let their properties out during the summer are experiencing a slump in demand as more holidaymakers leave it until the last minute to book.

Read full article: [Slump in summer property rental prices in US]
 
Latest Thai protest likely to impact on property industry Premium subscriber news
2009-04-16 11:43:33 [Asia]

This week's unrest in Thailand is expected to have a severe impact on tourism which will then filter down to the property markets.

Read full article: [Latest Thai protest likely to impact on property industry Premium subscriber news]
 
Call for property free coastline in Bulgaria Premium subscriber news
2009-04-15 11:43:20 [Europe]

Architects and MPs in Bulgaria are calling for a property free zone along the country's Black Sea coast to prevent it becoming one huge development.

Read full article: [Call for property free coastline in Bulgaria Premium subscriber news]
 
Cape Verde seeking funds to support real estate companies Premium subscriber news
2009-04-06 14:13:06 [Africa]

Real estate professionals in Cape Verde's tourism sector have called for the creation of a €100 million investment fund to support firms experiencing hardship in the present global economic slump.

Read full article: [Cape Verde seeking funds to support real estate companies Premium subscriber news]
 
Investors in Turkey welcome campaign to attract US visitors
2009-03-31 11:43:43 [Europe]

The Turkish authorities are hoping to attract US visitors with a campaign aimed at boosting the country as a low cost European destination.

Read full article: [Investors in Turkey welcome campaign to attract US visitors]
 
Visitor numbers set to fall this summer across much of East Europe and Balkans
2009-02-12 16:13:32 [Europe]

Buy to rent property owners in some Balkan and East European states are bracing themselves for a big reduction in take up this year but governments have pledged to try to boost tourism.

Read full article: [Visitor numbers set to fall this summer across much of East Europe and Balkans]
 
Massive increase in golf resorts in Cyprus approved by government
2009-02-10 14:28:47 [Europe]

Permission for 14 new golf courses on Cyprus has been welcomed by the property, construction and tourism industries on the Mediterranean island.

Read full article: [Massive increase in golf resorts in Cyprus approved by government]
 
Extent of cancelled developments in Dubai revealed as contractors are owed millions
2009-02-05 09:48:35 [Middle East]

The real extent of the halt in developments in Dubai has been revealed by an international bank which estimates that projects worth £53 billion have now been put on hold.

Read full article: [Extent of cancelled developments in Dubai revealed as contractors are owed millions]
 
India crackdown on foreign real estate investors who flout residency laws Premium subscriber news
2009-02-02 11:13:26 [Asia]

Officials in India are set to crack down on foreign property investors acquiring real estate illegally.

Read full article: [India crackdown on foreign real estate investors who flout residency laws Premium subscriber news]
 
Early rental bookings down in the Balearics
2009-02-01 10:22:56 [Europe]

Buy to let property investors with real estate to rent in the Balearics could see a steep fall in income this year if early booking trends continue.

Read full article: [Early rental bookings down in the Balearics]
 
Dubai hotel apartments expect flat occupancy rates in 2009 because of decline in tourism
2009-01-27 12:28:57 [Middle East]

Developers of hotel apartments in Dubai are optimistic that plans for new properties in 2009 will go ahead despite a predicted slight slowdown in the emirate's tourism industry.

Read full article: [Dubai hotel apartments expect flat occupancy rates in 2009 because of decline in tourism]
 
Turkish property market expecting boost from increased visitors
2009-01-24 13:13:49 [Europe]

Increasing numbers of visitors, a new list of reputable real estate agents and various cultural events are set to give Turkey's property market a boost.

Read full article: [Turkish property market expecting boost from increased visitors]
 
Luxury golf property becomes major part of future for Caribbean destination
2009-01-10 17:13:06 [Latin America]

Golf property aimed at more affluent property investors in the Caribbean is expected to weather the global economic downturn and continue to attract investment.

Read full article: [Luxury golf property becomes major part of future for Caribbean destination]
 
Bruce Lee property in Hong Kong to be turned into tourist attraction
2009-01-10 11:45:19 [Asia]

The property in Hong Kong where actor Bruce Lee lived for many years is to be re-developed from a seedy love hotel into a tourist destination commemorating the late kung fu legend.

Read full article: [Bruce Lee property in Hong Kong to be turned into tourist attraction]
 
Alpine ski resort property owners facing slower start to the winter rental season
2008-12-30 17:13:50 [Europe]

Property owners in ski resorts may have to consider lowering their rental prices this season as bookings decline because of the global economic downturn.

Read full article: [Alpine ski resort property owners facing slower start to the winter rental season]
 
International hotel developer hit by severe downturn in occupancy rates
2008-11-22 17:28:48 [Global News]

The new Atlantis resort in Dubai has opened in a haze of glitz and glamour but developer Kerzner International is cutting jobs and shelving other projects as the world economic downturn affects even the big international players.

Read full article: [International hotel developer hit by severe downturn in occupancy rates]
 
Luxury tourist resorts and developments in Spain suffer severe fall in bookings Premium subscriber news
2008-11-22 15:13:22 [Europe]

Resorts and developments that rely on the tourist industry in Spain are facing a tough year ahead as advance bookings tumble.

Read full article: [Luxury tourist resorts and developments in Spain suffer severe fall in bookings Premium subscriber news]
 
North African property markets slowing dramatically
2008-11-22 09:31:54 [Africa]

Emerging property markets in North Africa are experiencing a slowdown with some of the tourism based developments having a troubled time.

Read full article: [North African property markets slowing dramatically]
 
Credit crunch impact on Egyptian tourism will reduce growth and rental yields
2008-11-21 13:28:47 [Africa]

The global credit crunch is expected to have a severe impact on tourism figures in countries where it is a large part of the economy, economists are warning.

Read full article: [Credit crunch impact on Egyptian tourism will reduce growth and rental yields]
 
Middle East developers positive about investment in Morocco
2008-11-19 17:13:29 [Africa]

Middle East developers regard North Africa, and Morocco in particular, as one of the best places in the current climate to invest in.

Read full article: [Middle East developers positive about investment in Morocco]
 
Falling visitor numbers to Bulgaria signal poor year ahead for holiday rentals
2008-11-17 13:58:07 [Europe]

Holiday resort operators in Bulgaria are admitting that they expect the 2009 summer season to be particularly bad.

Read full article: [Falling visitor numbers to Bulgaria signal poor year ahead for holiday rentals]
 
Historic area of Jeddah to be developed
2008-11-10 09:08:15 [Middle East]

An historic part of Jeddah in Saudi Arabia is to have a $932 million makeover as part of wider plans to attract more investment and visitors and protect important architecture.

Read full article: [Historic area of Jeddah to be developed]
 
South Africa's biggest international development to date announced
2008-10-13 09:37:02 [Africa]

South Africa's first international branded entertainment theme park to include residential villas, hotels and a marina is to be built by a Dubai based developer.

Read full article: [South Africa's biggest international development to date announced]
 
Brazil property market expected to remain strong despite falling growth forecasts
2008-10-11 17:58:33 [Latin America]

Emerging markets will not be immune from the global credit crisis and countries like Brazil are expected to see considerable downturn in growth.

Read full article: [Brazil property market expected to remain strong despite falling growth forecasts]
 
Foreign property investors boost Portuguese market but general trend is down
2008-09-15 14:13:37 [Europe]

Investment in all sectors of the property market in Portugal is falling due to the global credit crunch, according to a new report.

Read full article: [Foreign property investors boost Portuguese market but general trend is down]
 
East west contrast set to be focus of world's biggest real estate conference
2008-09-15 11:46:02 [Middle East]

The contrast between the Western property market downturn and the boom in the Middle East where the real estate sector continues to power ahead will come under detailed examination at next month's Cityscape Dubai 2008.

Read full article: [East west contrast set to be focus of world's biggest real estate conference]
 
Ordinary residential London property market shows signs of movement
2008-09-14 18:05:36 [Europe]

A snapshot of activity from a leading independent estate agency in London shows that confidence may be returning to the ordinary property marketplace but the key is getting the asking price right.

Read full article: [Ordinary residential London property market shows signs of movement]
 
French tourism boosted by visitors from Middle East
2008-09-06 14:09:49 [Europe]

Visitors from the Middle East have boosted tourism numbers in France this year as visitors from other nations declined because of the economic downturn.

Read full article: [French tourism boosted by visitors from Middle East]
 
Political turmoil in Thailand makes investors jittery
2008-09-04 10:53:57 [Asia]

Property investors with interests in Thailand are closely following the political crisis as the financial markets are already showing signs of being jittery.

Read full article: [Political turmoil in Thailand makes investors jittery]
 
Demand still outstrips supply in many property sectors in Romania
2008-08-31 18:02:13 [Europe]

Romania is still 'the undiscovered Europe' with demand outstripping supply in many property sectors, according to the latest analysis of the country.

Read full article: [Demand still outstrips supply in many property sectors in Romania]
 
Arrival figures show Dubai is booming with developers looking to the long term
2008-08-23 09:06:23 [Middle East]

Pessimists may worry about the property market in Dubai but the latest figures show the place is booming with 25,000 people taking up residence every month.

Read full article: [Arrival figures show Dubai is booming with developers looking to the long term]
 
New areas of Costa Rica opening up to property development
2008-08-20 09:09:07 [Latin America]

Property development in Costa Rica is reaching out to previously inaccessible areas and offering investors different choices, according to a new guide.

Read full article: [New areas of Costa Rica opening up to property development]
 
Kenya seeks to sort out power problems to help investment growth
2008-08-18 18:09:14 [Africa]

The Great Rift Valley in Kenya could be the key to attracting foreign investors to the African country where lack of power generation is holding back its growth.

Read full article: [Kenya seeks to sort out power problems to help investment growth]
 
Cape Verde government clarifies position on land sales
2008-08-18 14:02:06 [Africa]

The government in Cape Verde has dismissed rumours that it was going to ban the sale of land to foreign investors.

Read full article: [Cape Verde government clarifies position on land sales]
 
Orlando provides a spot of hope for gloomy sunshine state
2008-08-16 18:06:57 [North America]

As Florida continues to suffer the highest rate of foreclosures in the US one part of the sunshine state is looking forward with optimism.

Read full article: [Orlando provides a spot of hope for gloomy sunshine state]
 
US real estate agents search around the world for property buyers
2008-08-11 14:03:48 [North America]

Real estate agents in Florida are so desperate to find buyers that they are touring the globe trying to boost the state's reputation abroad.

Read full article: [US real estate agents search around the world for property buyers]
 
Holiday home owners in Spain see 50% drop in occupancy rates
2008-08-05 10:35:25 [Europe]

The owners of buy-to-let holiday properties in southern Spain are experiencing a devastating fall in rental this summer with some suffering a 50% downturn compared with last year.

Read full article: [Holiday home owners in Spain see 50% drop in occupancy rates]
 
Downturn in visitors to London signals problems for tourist related property
2008-08-04 11:21:44 [Europe]

Property owners in London who rely on the tourist trade are facing a tough time ahead as the body responsible for monitoring the number of visitors predicts a downturn.

Read full article: [Downturn in visitors to London signals problems for tourist related property]
 
Hotels and developers in Bulgaria facing tough times
2008-08-03 10:39:09 [Europe]

Three to four hotels on the Bulgarian Black Sea coast are in financial trouble every week according to the State Tourism Office in a sign that the credit crunch is biting.

Read full article: [Hotels and developers in Bulgaria facing tough times]
 
Property market reviving in Nicaragua as worries over political regime subside
2008-07-31 14:02:51 [Latin America]

Property investors from the US are no longer buying in Nicaragua because of the economic downturn and concerns over the political regime, it is claimed.

Read full article: [Property market reviving in Nicaragua as worries over political regime subside]
 
UK overseas property investors increasing
2008-07-30 09:55:32 [Europe]

Most property investors who buy abroad are not put off by the rising cost of travel and are looking further afield to buy, according to a new report.

Read full article: [UK overseas property investors increasing]
 
Good tourism growth rates prompt Oman to fast track property projects
2008-07-28 16:09:47 [Middle East]

Oman is to introduce a regulatory blueprint to protect all regional and international investors in its property and tourism sector as part of its Vision 2020 plan for the future of the Gulf state.

Read full article: [Good tourism growth rates prompt Oman to fast track property projects]
 
Out of the way 'undiscovered' part of Canada tipped as 'hot' investment prospect
2008-07-26 14:02:46 [North America]

Nova Scotia is the 'hot' new area of Canada that is attracting a new generation of property investors from the UK who are fed up with the economic gloom.

Read full article: [Out of the way 'undiscovered' part of Canada tipped as 'hot' investment prospect]
 



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