Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.
Kashif Ansari, co-founder and group chief executive of Juwai IQI Group, a real estate marketing firm targeting the Chinese market, said Chinese buyers with smaller budgets who previously were the key market for Thailand now make up a reduced share of all travellers.
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