CB Richard Elis Thailand Focus on Asia"s Growing Retirement And Second Home Market

Bangkok, Thailand (PRWEB) July 27, 2007

For the last 30 years South East Asian countries have competed to attract tourists. Today the focus is on quality not just quantity. Part of this strategy is to attract retirement and second home (RSH) purchasers, according to a recent report from CB Richard Ellis Thailand.

RSH purchasers have become major components in the tourism and property markets in Spain, Florida and Australia’s gold coast. The RSH market is growing in South East Asia. Competition between countries is intensifying but significant obstacles still remain in particular foreign ownership of property, availability of property loans for foreigner, and visas.

The benefits of the RSH market are that once a property is purchased, repeat visits by the buyer are guaranteed avoiding the growing competition to attract tourists. The length of stay is longer and more money is spent on local goods and services.

Thailand has been at the forefront of retirement and second home development centred in Phuket and the Andaman coast, Pattaya, Hua Hin, Cha Am, and Koh Samui. Thailand offers an attractive combination of quality of living compared to cost but still has restrictive property ownership rules. Thailand is facing growing competition from Singapore, Malaysia, Indonesia and Vietnam to attract RSH purchasers.

Malaysia has been the most aggressive country in providing an attractive property ownership, property financing and visa structure. The ‘Malaysia My Second Home Programme’ allows foreign ownership of land with houses, the ability for foreigners to borrow money to fund a property purchase and a ten year visa. In 2006, 8,700 people had successfully applied for the ‘Malaysia My Second Home Programme’.

Singapore as well as developing two integrated resorts with casinos to attract visitors also has Sentosa Cove, a resort development aimed specifically at foreigners. Overseas buyers are permitted to own a 99-year lease for land with houses. This is the only place in Singapore where foreign land ownership is permitted although there is no restriction on foreign ownership of condominium developments. Vietnam allows foreigners 50-year leases.

The RSH market is destined to grow driven not only by expatriates working in Asia, but also by Asian buyers. Thailand has enjoyed huge growth in medical tourism driven by Middle East and South Asian demand for good quality, reasonably priced medical care. These medical tourists could also become RSH purchasers particularly as countries like India look at relaxing controls on investment overseas.

“Thailand faces growing competition to attract RSH purchasers from other countries that can offer an attractive combination of quality and cost of living. This competition means that, in order to succeed, countries will have to offer attractive property ownership, property financing and visa regulations,” according to Mr. James Pitchon, Executive Director at CB Richard Ellis Thailand.

Thailand has introduced a retirement visa and about 12,000 foreigners had successfully applied in the first seven months of 2006.

The RSH market will to continue to grow. The strongest growth will be from Asian buyers. In 2007, the Korean government relaxed conditions for Korean nationals investing in property overseas and CB Richard Ellis has already seen an increase in Korean demand for Thai property. India has also relaxed its conditions for its nationals investing overseas.

As the market becomes more competitive countries will need to examine property ownership and financing restrictions as well as visa policies to fully benefit from the booming RSH market.

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CB Richard Elis Thailand Focus on Asia"s Growing Retirement And Second Home Market

Dubai Makes First Formal Foray Into Chinese Market

(PRWEB) January 31, 2005

As Dubai’s popularity as an ideal year-round business and leisure destination increases by leaps and bounds and the tourism industry expands, the Dubai Department of Tourism and Commerce Marketing (DTCM) made its first formal foray into the hugely promising Chinese market through its strong participation in a major trade fair.

The department recently participated in the World Travel Fair (WTF- 2005) that took place in Shanghai from January 20 to 23 to acquaint the residents of the world’s most populous country about the emirate and its numerous attractions as well as developments underway.

DTCM Manager Overseas Promotions, Mr. Khalifa Ali Buamaim, who represented the department, said: “In business travel, Dubai is gaining in popularity to be chosen as a preferred destination in China. Feedback from the visitors to our booth was encouraging. Awareness of Dubai as a tourist destination is growing fast in the China market and we anticipate China to be the one of the fast-growing source market for Dubai tourism.”

The DTCM booth’s design featured the traditional Middle Eastern wind tower, projecting the heritage and culture of Dubai which was very attractive and outstanding among all others as this reflected the unique Arabian culture on Dubai.

Interviews were held on-site with several Chinese media who showed a keen interest on the emirate and the developments taking place.

“During the event, we met with a large number of potential outbound agents, travel media and individual travelers and provided them detailed information of the tourism facilities and key attractions in Dubai. The travel agents, trade contacts and media proved to be well informed of Dubai’s attractions and were optimistic about its potential,” added Mr. Buamaim.

The WTF 2004 attracted more than 50,000 visitors including 9,428 trade visitors. While last years show saw participation from 450 exhibitors from over 40 countries, this year more than 180 exhibitors from 49 countries and regions participated.

The DTCM team comprised 9 co-participants that included Dubai-based travel and tour operators. WTF is the first and the largest out bound focused travel show in China and focuses on business and leisure travelers from Shanghai, China’s most influential city for the world tourism industry.

WTF is one of the few high quality travel fairs in the Mainland China. It is jointly organized by the Shanghai Municipal Tourism Administrative Commission and VNU Exhibitions Asia.

Apart from Dubai, Turkey, Egypt, Jordan, Brunei, India, Nepal, Japan, Korea, Singapore, Malaysia, Sabah, Thailand, China, Philippines were other NTO representatives from the Middle East and Asia regions.

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Dubai Makes First Formal Foray Into Chinese Market

2011 Global Spa Summit will Shine Spotlight on Fastest-Growing Global Spa, Hotel and Tourism Market

New York, NY (PRWEB) January 19, 2011

The Global Spa Summit (GSS), the leading annual event for spa and wellness industry executives, heads to Asia for the first time in its five-year history when the conference convenes in Bali, Indonesia from May 15-18, 2011. And, under the 2011 Summit theme Engage the Change: The Customer. The Money. The Future, a key focus of the agenda will be to explore the diverse, emerging spa and wellness markets; investment opportunities; and hospitality/tourism models across the Asia-Pacific region – the fastest-growing hotel and spa economy in the world.

“With the Global Spa Summit coming to Bali in 2011, the entire Asia-Pacific region will benefit from a wealth of up-to-date industry knowledge and the collective insight of the global industry players that will gather, noted Andrew Jacka, Chairman of the Asia Pacific Spa & Wellness Coalition (APSWC), a non-profit organization formed to bridge organizations across the regions spa and wellness industries. Diverse therapies that spa operators around the world now consider standard spa menu offerings all have their roots firmly in Asia. We look forward to welcoming the worldwide spa industry to Asia Pacific.”

Research firms concur that across nearly every metric, from overall economic and tourism growth – to the hotel/spa pipeline – to hotel financial performance measures, Asia Pacific is the current leader and future market to watch.

A Few Facts:

2011 Global Spa Summit will Shine Spotlight on Fastest-Growing Global Spa, Hotel and Tourism Market

Market Probe Announces New Managing Director of Asia Pacific

Milwaukee, WI, USA (PRWEB) April 11, 2011

Market Probe, the global customer research organization, recently announced that its new managing director for Asia Pacific will be Saji Kumar. Mr. Kumar is an experienced research, brand, and advocacy consultant with over twenty years of pertinent, global experience. He was involved in most of the key building initiatives in 2010, and, with his new assignment, he will be able to consolidate Market Probes Asia Pacific presence so the company can continue to lead customer and brand advocacy research in the region.

Given the potential power of the developing markets in Asia Pacific, Mr. Kumar was excited to have the opportunity to direct operations there. The Asia Pacific market is one which is characterized by extraordinary growth potential, he said, and this has increased clients demand for consumer insights. As the region continues to grow in scale and economic importance, I am very confident of our ability to deliver the research insights that our clients in the Financial, Telecoms, Technology, Travel and Tourism and Automotive industries will need to stay ahead of the game and continue to build market share.

Asia Pacific is a critical growth region for Market Probe and an increasingly important part of our global business strategy, he continued. With our thought leadership in the areas of brand and customer advocacy, we are well positioned to meet the research needs of our clients.

Thought Leadership In B2B Customer Advocacy

Mr. Kumars recent promotion underscored his thought leadership in customer advocacy, especially in the B2B sector. In a recent white paper entitled Does Customer Advocacy Exist In B2B? Saji Kumar and others explore the crucial, actionable areas of customer advocacy development, which lead to quantifiable business successes. After extensive surveys and analyses, the team of writers showed that certain factors influence decision makers more than others, and optimizing an approach must take these into account. They conclude that due to the critical nature of touch points, performance, brand perception, and relationships in B2B, advocacy may well be more important in this arena than in the business to consumer world.

Customer Advocacy Aids The Travel & Hospitality Industries in Asia Pacific

At a recent global conference for customer advocacy in Chicago, Mr. Kumar discussed the effect that Market Probes customer advocacy work has had on that pivotal region. We feel that advocacy is a medium where we can actually help these companies understand the customers theyre looking for and market precisely to them. http://www.marketprobe.com/mpcltreport

He went on to describe a recent conference that Market Probe held in Singapore. The conference was a huge success. The 50 or so companies that participated were looking for a unique way of targeting their customers, and they found what they were looking for with Market Probes help. This advocacy framework has really come on as a different tool to help us market our research strategy across the region, he said.

Dr. TR Rao, CEO of Market Probe, describes Market Probes approach to customer advocacy this way: Advocacy is a new concept in customer satisfaction research. We are operating in a new society where there is a declining trust in large brands. And people trust more each other than what the manufacturers say. Advocacy deals with that head on. Were saying: you need to know who your advocates are, you need to know how many advocates you have, and you need to engage them to promote your own brand.

Using Market Probes SHARE+ customer advocacy research framework, clients are able to classify their customer base into four groups on an advocacy ladderthe most effective segmentation scheme in the industry. With this research in hand, clients can begin to take action to move customers up the advocacy ladder, drastically improving overall business performance.

Mr. Kumar Brings 20 Years of Diverse Global Experience To The Position

Saji Kumar is highly qualified for the new position, with over 20 years of diverse global industry and consulting experience. His current focus is on developing cutting-edge solutions in the areas of customer and brand advocacy in order to impact market share. Before joining Market Probe in 2010, Mr. Kumar held senior research positions with companies such as IPSOS, TNS, Millward-Brown, and the Gallup Organization. He has developed his unique global perspective and acute cultural acumen by working with a broad range of high-profile clients in countries as diverse as Mexico, Brazil, Argentina, Australia, New Zealand, Singapore, Korea, China, Japan, Thailand, Indonesia and Malaysia.

Market Probe, Inc.

Market Probe, Inc. is a global market research firm specializing in full-service strategic guidance and stakeholder solutions. The corporate headquarters is located in Milwaukee, Wisconsin in the USA, with full-service research offices throughout the US and in Canada, United Kingdom, Belgium, UAE, India, Bahrain, Hong Kong, Singapore and China, and additional strategic partnerships globally. For information, please visit http://www.marketprobe.com.

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Market Probe Announces New Managing Director of Asia Pacific

Asian Medical Tourism Market Future Reviewed in New Report Published at MarketPublishers.com

London, UK (PRWEB) January 17, 2012

Asia is estimated to record an increased market share in the global medical tourism market with projected volume growth of foreign patients being the highest worldwide. Among some of the key factors expected to fuel the future market growth are the accessibility to world-class healthcare infrastructure and expert doctors, nurses and support staff coupled with low treatment costs.

Thailand is the leader among the Asian countries, which received maximum number of foreign patients in 2010. India is the second largest player, closely followed by Singapore, Philippines and Malaysia.

New market research report Asia Medical Tourism Industry Outlook to 2015 – The Destination for Foreign Patients drawn up by AM Mindpower Solutions has been recently published at Market Publishers Ltd.

Report Details:

Title: Asia Medical Tourism Industry Outlook to 2015 – The Destination for Foreign Patients

Published: January, 2012

Pages: 135

Price: US$ 1,350

http://marketpublishers.com/report/services/travel_leasure/asia_medical_tourism_industry_outlook_to_2015_destination_4_foreign_patients.html

The research report delves into detailed and comprehensive analysis of Asias medical tourism industry along with further discussion on medical tourism market in various countries such as Thailand, India, Singapore, Malaysia and South Korea.

Report Key Topics:

Asian Medical Tourism Market Future Reviewed in New Report Published at MarketPublishers.com

Growing Healthcare Awareness and Demand for Quality Healthcare to Propel Growth of the Global Hospitals Market, According to New Report by Global Industry Analysts, Inc.

San Jose, CA (PRWEB) February 06, 2012

Follow GIA on LinkedIn The world over, hospitals are focused largely on increasing efficiency and offering comprehensive services to retain existing customers and attract new ones. Growing healthcare costs have become a major concern for the government as well as hospitals and insurance companies. Escalating healthcare costs and reduced co-payments by employers for medical benefits led to the establishment of the managed care companies and HMOs, pressurizing hospitals to increase cost-effectiveness. Faced with the increasing costs and declining profits, majority of hospitals have implemented measures, such as providing alternative medicines to patients, and collaborations to form health systems to expand offerings and reduce overall healthcare costs.

Despite the economic slowdown and financial crunch, the number of new hospitals increased significantly since the year 2008. While a well-developed healthcare infrastructure exists in the developed nations, emerging economies also progressively began to make investments in the establishment of hospitals and clinics in order to increase public access to healthcare. The global economic downturn further accelerated the ongoing consolidation activity in the hospitals sector, forcing weaker organizations to merge with the financially sound hospitals.

Increasing demand for hospital beds has largely been driving the increase in the number of hospital construction projects. Additionally, higher spending on new hospital buildings, and technologically advanced equipment, is further driving the US hospital expenditure. The hospital sector continues to remain a low-profit market, characterized by the high operating costs and heightened competition among hospitals.

The hospital information laboratory systems market has been growing at a significant rate in the recent years, driven by growing need to automate electronic patient record systems for transferring patient information rapidly. The growth is also driven by the supply chain automation, which allows hospitals to simultaneously share laboratory results with many service providers. In a further embracement of technology, hospital organizations are establishing health related web portals for both internal and external uses, including connecting patients, lab results, pre-registration, and focusing on disease management and wellness.

With the increasing popularity of medical tourism, hospitals face the heat of increased competition. In an attempt to gain a competitive edge in the market, major hospital operators are focused on establishing offshore hospitals. Growth in the hospital market is expected in all major regions, with double digit growth rates projected in the Chinese and Indian markets.

The research report titled Hospitals: A Global Outlook announced by Global Industry Analysts Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the hospital industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include US, Japan, Europe, Germany, the United Kingdom, Spain, Turkey, Asia-Pacific, Australia, China, India, Korea, Malaysia, Singapore, Thailand, the Middle East, and Africa. The report provides a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of the companies worldwide.

For more details about this comprehensive industry report, please visit

http://www.strategyr.com/Hospitals_Industry_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Growing Healthcare Awareness and Demand for Quality Healthcare to Propel Growth of the Global Hospitals Market, According to New Report by Global Industry Analysts, Inc.