Why Americans may be the next big overseas buyers

property buyers
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There is a link between tourism and property sales that is evident around the world.

Just look at the number of Chinese property buyers and investors currently in Thailand, and the fact that Chinese tourists have been the number one visitors to the Land of Smiles for at least the last five years.

With news that Thailand has emerged as the top tourist destination for Americans in a new survey, Americans could be the next big buyers and investors of Thailand property.

The Hotel Price Index (HPI) published by Hotels.com revealed that Thailand was the top choice in Southeast Asia during 2017 for American tourists, even though London took the title as the most popular destination for Americans anywhere in the world.

U.S. travelers found themselves paying more for their overnight accommodations in 70 percent of their Top 50 international destinations, but not in Asia.

The HPI reported that Chiang Mai (ranked 49th), Ho Chi Minh City (ranked 34th) and Bangkok (ranked 5th) had the lowest international average prices paid per night – all averaging below US$ 100 per night.

Andrew Batt
The author of this article is Andrew Batt, the founder and editor of www.thailandproperty.news. Andrew has been writing about property and real estate issues in Thailand and Southeast Asia for more than 10 years. He has worked for PropertyGuru Group, DDproperty, Dot Property Group, Hipflat and AsiaRents. He has also produced content for leading Thailand property developers and real estate agencies.
Email: andrew.thailandpropertynews@gmail.com.

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