Tagged: News

Asians are Biggest Tourism Spenders

Asia-Pacific will overtake Europe as the region whose tourists spend the most money overseas within 10 years. Spending by tourists from Asia-Pacific will reach nearly US$753 billion by 2023, increasing the region's share of...

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.

Seda hotel to open in El Nido

Property developer Ayala Land Inc. has started the construction of a 150-room beachfront Seda resort-hotel at the masterplanned Lio Tourism Estate in El Nido, Palawan. “We are creating the beginnings of a tourist town...

Medical Tourism Promoted

Healthcare industry players are bonding together to promote the Philippines as a major medical tourism and retirement destination by 2015.  This is forecast to grow, with US$3 billion in revenues, servicing over a million retirees over the next five years. At present, there are only 21,000 foreigners staying in the country, representing 5 percent of patients in major Metro Manila hospitals, according to a report by BusinessWorld.

Seair new planes

Southeast Asian Airlines (Seair) is boosting its operations in the growing markets of Batanes, Boracay, and Romblon by adding three 32-seater Dornier 328s to its fleet beginning August 2010, according to a report by Philippine Star.  Featuring the latest German technology, the Dornier 328 is the fastest and most advanced jet-prop in the region.

PAL flights

Philippine Airlines (PAL) expects its passenger volume to grow by more than a tenth this year as it aims for uninterrupted operations. “We are looking at 10 to 12 percent growth. The load factor of the flights is expected to improve," said PAL president Jaime B. Bautista.

Mr. Bautista refused to comment on ongoing talks between San Miguel Corp. and PAL majority shareholder Lucio Tan for a takeover deal.

PAL Holdings Inc., operator of PAL, posted PhP3.628 billion in nine-month losses, a reversal from PhP3.236 billion total comprehensive income recorded a year ago.

Upcoming Hotels and Resorts in the Philippines 3

New Holiday Inn opens in Makati

Holiday Inn & Suites Makati (HISM) targets business executives as its clients, according to a report by Philippine Star.

“International business travellers make up the bulk of Holiday Inn & Suites Makati’s pre-opening sales,” said Ms. Maricor Aquino, director of sales and marketing of Holiday Inn & Suites Makati. She said 90 percent of the reservations were done via the hotel’s online portal.

Trapeze school in Fort Bonifacio

Flying Trapeze Philippines is scheduled to open at the Bonifacio Global City in Taguig City in July 2014.   The trapeze school is located on 34th Street corner 9th Avenue and is the considered...

PAL flying to New York in March 2015

Philippine Airlines (PAL) will start flying to New York City on 15th March 2015, according to a report by ABS-CBN. PAL Chairman and CEO Lucio C. Tan said the auspicious start of regular flights...