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Chedi Hospitality announces the launch of The Chedi Residences Wadi Safar, enhancing its offerings with 20 exclusive villas in partnership with Diriyah Company.
The Asian market for branded residences has reached an unprecedented value, with Thailand leading the market share while Vietnam shows significant future potential.
The Branded Residences Forum Asia is set to host 40 leading figures from the hospitality and real estate industries this June.
Experts highlight that the increase in demand for branded residences across Asia is largely driven by international buyers eyeing second homes.
A recent forum highlighted the potential for branded residences to enhance tourism and hospitality in the Philippines.
Minor Hotels is set to significantly expand its global footprint, targeting over 850 properties by 2027 through a strategy focused on luxury and branded residences.
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