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PANGLAO Island, Bohol (06 May 2007) - Tourism Secretary Joseph Ace Durano has inaugurated the first phase of a P600 million upscale resort complex that is riding on the tourism boom in this province.
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Lim, the incoming president of the Greenhills Rotary in San Juan, said the first phase of the project, involving P150 million investment, is expected to be completed by July this year.
![]() Durano said the opening of the Panglao resort forms part of the additional 3,000 hotel and resort rooms that will be made available this year, to accommodate the growing number of international visitors and domestic tourists. International visitor arrivals peaked at 2.84 million last year and are expected to breach the 3-million mark for the first time this year, he added.
![]() Durano said the Kingdom Hotel Investments which carries the Raffles and the Four Seasons brands, are looking at several properties in the island, lying about 370 kilometers south of Manila. Another potential investor, Durano said, is the Singapore-based Banyan Tree Hotels and Resorts, one of the world's leading luxury resort and spa operators, which has recently found an island in Northern Palawan.
![]() He said Bohol is fast rising as a prime tourist destination for Japanese and Korean markets and will benefit from the construction of the P3.6-billion circumferential road and the proposed Panglao international airport. Durano said the construction of the airport will start in 2008, once the procurement of land is completed this year. The project is seen to be finished by 2009. "Bohol is becoming so popular that in Japan, Bohol is now packaged as the prime destination, with Cebu as the secondary," he said.
![]() Nearly half a million tourists, including about 40,000 foreign guests, visited Bohol last year, and the Department of Tourism expects this number to increase soon with the construction of more resorts and completion of vital infrastructure projects. Executives of the nearby Bohol Beach Club, the largest resort in Panglao, confirmed this, saying that more than 80 percent of its 168 rooms were occupied. Bohol Congressman Edgar Chato, who chairs the House committee on tourism, said there are only 2,500 hotel and resort rooms in Bohol at present, which are not enough to accommodate the influx of visitors.
![]() Congressman Edgar Chato said a masterplan for Bohol tourism is now being finalized, making it the first and only province developing a system for the tourism industry. "Bohol is in the right place and the right time for the industry," Chato said. "It is a province worth investing in." Aside from Panglao, other top attractions in Bohol include the 1,268 perfectly cone-shaped Chocolate Hills, the town of Corella which is home to endemic tarsiers, and the diving spots near Cabilao and Balicasag islands. Roderick T. dela Cruz
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Comments
The airport is proximate to Tagbilaran Airport in Tagbilaran City which serves as the gateway to Panglao Island and the rest of mainland Bohol for air travelers.