Tagged: News

Tourism investments surge in the Philippines

New tourism projects endorsed by the Department of Tourism to the Board of Investments (BoI) soared 827 percent year-on-year in 2005, as local and foreign investors pledged more money for the development of hotels, resorts, tourism estates and other related establishments.

New hotels are rising

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.

Shanghai Airlines starts direct flights

Shanghai Airlines has launched its maiden direct chartered flights to Shanghai from Cebu this year, a twice-weekly service that is expected to bring in an estimated 9,000 additional Chinese tourists to Central Philippines annually, according to a report by BusinessMirror.

Tourists grow 13 percent as of June 2010

International visitor arrivals in the Philippines grew 13 percent to 1.7 million in the first half of 2010 from 1.5 million a year ago.  The Department of Tourism (DOT) said Korean and American tourists accounted for a combined 40 percent of the six-month volume.  The figure includes 116,109 Filipinos permanently staying overseas, but excludes overseas Filipino workers returning home.  Tourist arrivals hit 308,326 in June, compared to just 264,455 a year ago.
Tourists from South Korea accounted for 333,617 arrivals, representing a sharp 32 percent increase from a year ago.  Korea accounted for 19.5 percent of the tourist market, followed by the United States with 18.5 percent.  Visitors from the US rose slightly to 317,181 from 311,881 a year earlier.  Japan, China and Hong Kong followed with 171,655, 90,223 and 71,867 visitors, respectively, and market shares of 10 percent, 5.3 percent and 4.2 percent.  

Best Airlines in the Philippines

 

Domestic passenger air traffic in the Philippines climbed to 9.72 million in the first half of 2011 from 8.39 million in the same period last year.  The Civil Aeronautics Board (CAB) said Cebu Pacific carried the most number of passengers at 4.25 million out of the 5.07 million seats allocated for the period. This represents an 84 percent load factor in the first half of the year.  Cebu Pacific’s passenger traffic was also higher than the 4.09 million it recorded in the same period last year.

Upcoming Hotels and Resorts in the Philippines 4

Century eyes Palawan resort. Property developer Century Properties Group is venturing into tourism sector with the launching of an integrated resort development in Palawan, according to a report by Manila Standard Today.

Century Properties chairman Ambassador Jose E.B. Antonio said the company would launch either by the last quarter of the year or the first quarter of 2014 its first tourism-related project.

He said the company has acquired 100 hectares of land in Palawan and is now finalising the masterplan for the property.    The company’s venture into tourism sector is part of its diversification plans.

Fairmont Makati and Raffles Suites

Hotel operator Raffles and Fairmont is set to open its first development in Makati City by the second semester of 2012.  The project called Fairmont Makati & Raffles Suites, built by Kingdom Hotel Investments and local developer Ayala Land, Inc., is reportedly set for completion by September.  The 30-storey project will include the 237-unit luxury Raffles Residences, 32-suite Raffles Hotel, and 280-room Fairmont Hotel.

Hotel Okura Manila

Japanese hotel chain Okura Hotels and Resorts will open its first hotel in the country at the gaming and resort complex Entertainment City in Parañaque City.   Okura Hotels and Resorts has formalised its...

How Many Filipinos Travel in the Philippines?

Four in ten Filipinos visited a place within the country in 2012, according to the National Statistics Office (NSO). The NSO said based on the 2012 household survey on domestic visitors, some 25.7 million...