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Last year marked a period of both challenges and opportunities. Despite ongoing uncertainties, noteworthy developments have sparked both optimism and caution.
The real estate sector is notably on an upward trajectory, with experts agreeing on its recovery. Key changes suggest even deeper transformations in the coming year. Notably, the resurgence of tourism and the integration of artificial intelligence (AI) in real estate are pivotal.
Tourism in the Philippines saw a promising rise, with 4.8 million visitors surpassing the Department of Tourism’s targets, though still shy of pre-pandemic highs. Domestic travel also saw an increase, signaling a rejuvenation in the travel and leisure sectors.
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