Several large hotels are expected to open in 2008 and
2009, which would support the anticipated increase in
international visitor arrivals, according to Tourism
Secretary Joseph Ace Durano.
Big hotel constructions will be completed this
year and accelerate in 2009, Durano said in a
recent news briefing.
Durano said these include the 240-room Calicoan Island
Resorts in Eastern Samar being put up by a group of
American investors, the 400-room Sofitel Cebu by SM
and Accor, the 217-room Shangri Las Boracay Resort
& Spa, the 616-room Imperial Palace Waterpark Resort
and Spa in Cebu by Korean investors, the 300-room Bohol
Regency Hotel in Panglao, and the third tower of Bellevue
Manila Hotel with an additional 198 deluxe rooms.
Other foreign and local companies have also expressed
their plans to put up major hotel projects in the country
soon.
KHI Manila Property Inc., a joint venture between Ayala
Land Inc. and Kingdom Hotel Investments of Dubai , is
putting up a luxury hotel complex in Makati , which
will include a 300-room Fairmont Hotel, a 30-suite Raffles
Hotel and 189 Raffles-branded private residences.
Aside from Sofitel Cebu, SM Investments Corp. has also
chosen hotel chain Carlson Hotels Asia Pacific to develop
and manage a 350-room property in SM BayCity.
In Tagaytay City , the Hotel Investment Group is completing
the expansion of Taal Vista Hotel from 128 rooms to
262 rooms.
In Clark, Jimei Group Inc. is developing a 500-room
hotel inside the Fontana Leisure Park .
Manila Ocean Park is also putting up a hotel inside
its marine park complex near Rizal Park in Manila.
Megaworld
Corp. is building a 350-room Mariott Hotel in its Newport
complex while Shangri-La Hotels and Resorts plans
a six-star hotel on a 1.2-hectare property in the Bonifacio
Global City.
International hotel chains Intercontinental, Banyan
Tree of Singapore and Ritz Carlton have also expressed
interest in investing in the country.
Durano said the increase in visitor arrivals should
be accompanied by new hotel construction to support
the continued growth of the tourism sector.
The continued growth of foreign arrivals places
more strain upon the infrastructure of the country.
If not properly addressed, this may hinder future growth.
To date, hotel occupancy rates in Metro Manila are close
to 80 percent, he said.
International visitor arrivals to the country grew 8.7
percent to 3.092 million in 2007 while tourism receipts
surged 41 percent to $4.885 billion. Durano said arrivals
are seen to grow by another 10 percent this year.
Despite several security problems, the 18 luxury hotels
in Metro Manila posted an average occupancy rate of
82.21 percent in November, higher than the 81.26 percent
recorded a year ago.
Peninsula Manila Hotel in Makati City , where a group
of renegade soldiers mounted an aborted uprising on
November 29, posted an occupancy rate of 78.75 percent
during the month, up from just 70 percent a year earlier.
Pan Pacific Manila posted the highest occupancy rate
of 94 percent in November, followed by Crowne Plaza
Galleria Manila and Manila Hotel with the same occupancy
rate of 90 percent each.
In the hotel lingo, a hotel is operating at its full
capacity, it if has an occupancy rate of 80 percent
or above.
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