| From an investment standpoint, Asia has domesticated itself in the midst of the global financial crisis. This is especially true for Bali, which has seen an influx of domestic buyers in the property market. This is, among others, one of the key findings of a survey conducted by C9 Hotelworks, a hospitality consulting firm based in Phuket, Thailand, which gathers market data for resort markets throughout Asia.
According to C9 Hotelworks managing director Bill Barnett, a leading specialist on hotel and property development issues with 27 years of experience in Asia Pacific, Bali has traditionally been a foreign investment market for villas, but this shifted three to four years ago with the rise of condo hotels...............................................Full Article: Source
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