With the rollout of the Dreamliner and budget long-haul airlines, I would expect this trend to continue. Even if it is a bubble, would solving this problem not also improve infra for residents?
I guess there is a danger in building facilities that are only useful to tourists. Perhaps they should invest in hotel rooms that are either:
1) clustered near universities so that if tourism does collapse, they can be converted into dorms.
2) Easy to merge two rooms, add some fixtures, and create studio/1bed apartments.
I guess there is a danger in building facilities that are only useful to tourists. Perhaps they should invest in hotel rooms that are either:
1) clustered near universities so that if tourism does collapse, they can be converted into dorms.
2) Easy to merge two rooms, add some fixtures, and create studio/1bed apartments.