Research by Lao Dong reporter shows that, according to statistics from the Vietnam National Tourism Administration, the total number of international visitors in the first 7 months of 2024 reached 9.98 million, an increase of 51% over the same period in 2023, an increase 1.9% compared to the same period in 2019, a year before the COVID-19 epidemic.
The markets with the most international visitors to Vietnam include Korea, China, Taiwan (China), USA, Japan, Australia, India, Cambodia, Malaysia... Cumulative number of domestic tourists in 7 months By the beginning of 2024, it is estimated to reach about 79.5 million visits.
In the context that tourism is recovering strongly, many experts say that tourism and resort real estate has many advantages on both the supply and demand sides, as well as the selling price. Therefore, it is expected that this segment will change for the better in the near future.
Ms. Pham Thi Mien - Deputy Head of Market Research and Investment Promotion Consulting (Vietnam Real Estate Brokers Association - Vars) - shared, the driving force of tourism and resort real estate in 2024 to from the opportunity to recover and develop the tourism industry.
Experts believe that the segment will prosper when the visa easing policy continues to take effect along with the 2% VAT reduction policy for goods and services, along with many support promotion programs and tourism exhibitions. Schedule is organized.
Experts added that the type of beach apartment will be the highlight of the segment because it both meets the need for ownership and can be exploited for rent and create cash flow.
Similarly, Mr. Dinh Minh Tuan - Sales Director of Batdongsan.com.vn - said that the resort real estate market is waiting for new opportunities. Macro factors in tourism and retail all show signs of positive recovery in early 2024, positively impacting resort real estate.
Also according to Mr. Tuan, the level of interest in resort real estate has gradually improved in the second quarter of 2024, and investors' interest has begun to return to the market.
Looking at the development of resort real estate in the coming time, Mr. Hoang Hai - Director of the Department of Housing and Real Estate Market Management (Ministry of Construction) - previously said that, when the Law on Real Estate Business 2023 takes effect, it is expected that the supply of resort real estate products will improve by about 20% compared to 2023.
In the coming time, resort real estate will have a lot of potential because market participants return due to the positive impacts of new laws.