Notice of RetractionStudy on the development of resort real estate based on a survey in GuangZhou, China

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Based on a survey and face to face interview with Guangzhou resort real estate client group, this paper found out that the resort real estate market consists mainly of high-end clients who have strong purchasing power for living and/or investment purpose, preference for family group life style and resources ownership, attention on various factors when making purchase, among other consumer behavior characteristics. This study also concluded that resort real estate projects may take into account essential factors such as transportation, development scale, product value, market scarcity, etc., and achieve development success by meeting consumer demands; the research also raises the awareness of market risk of resort real estate development.