New report sees strong tourism growth
CBRE Cambodia’s latest MarketView report sees strong growth in Cambodia’s international tourism sector, with particularly strong in international arrivals resulting in growth in hotel occupancy rates and durations of stay. According to the May report, international arrivals in 2013 increased 17.5 per cent, to a total of 4,210,165, up from 3,584,037 in 2012. “The average length of stay also increased to 6.75 days, up from 6.5,” the report says, adding that “average hotel occupancy rates in 2013 rose to 69.53 per cent, up from 68.49 per cent the previous year.” Chris Hobden, surveyor for CBRE Cambodia, says: “We expect this trend to continue, in part driven by relative political stability,the variety and quality of accommodation on offer in addition to significant planned improvements to national infrastructure.” …
Post Staff
http://www.phnompenhpost.com/real-estate/new-report-sees-strong-tourism-growth
