The Greater Bay Area as a Tourism Hub

In the coming years, Hong Kong, Macau and Zhuhai will form a tourism delta, driving demand for integrated resorts, shopping complexes and MICE (Meetings, Incentives, Conferencing & Exhibitions) facilities. Other cities in the GBA are also developing sightseeing and cultural attractions, such as Panyu in Guangzhou, Boluo and Longmen in Huizhou, Kaiping and Taishan in Jiangmen. All of these factors will drive demand for retail and hospitality property.

Tourism development of Guangdong nine cities in GBA

Tourism development of Guangdong nine cities in GBA

Average prime retail area per capita in GBA

Average prime retail area per capita in GBA

There are 29 railway hubs across the GBA, and a total of over 56 new railway stations are scheduled for completion by 2020. These hubs will emerge as future urban centres or sub-centres of the region’s tier I cities, and are also set to become new regional business centres. The increasing availability of metro connections highlights the strong growth potential of many of these districts for retail property investors, particular new residential districts in Guangzhou, Shenzhen, Dongguan and Zhongshan.

Pearl River Delta key passenger terminals


Source: The "13th Five-Year Plan for Guangdong Comprehensive Transportation System Development, MTR Corporation

Interested in receiving CBRE’s detailed profiles of Greater Bay Area cities?
Get City Profiles

Greater Bay Area New Opportunities in Real Estate

CBRE Retail Services

Insights, Perspectives and Ideas

Greater China Major Report - Greater China Real Estate Market Outlook 2019

The Guangdong-Hong Kong-Macau Greater Bay Area

The Rise of China’s Pioneering City Cluster into the World’s Largest Bay Area Economy

Greater China Major Report - Borderless: China Capital Market Report 2018

September 4, 2018
September 4, 2018