Businessmen investing in new resorts – DOT
Businessmen are investing billions of pesos in constructing new first-class resorts and in expanding existing ones to accommodate the rising number of foreign and domestic tourists, Tourism Secretary Joseph Ace Durano said yesterday.
Speaking at the Manila Overseas Press Club’s “Tourism Night,” Durano said at least three high-class resorts in
These resorts are El Rio Y Mar Island Resort, a sister company of Club Paradise Resort in Coron; Amanpulo Resort on Pamalicalan Island, which is touted as the most expensive resort in the Philippines; and the Dos Palmas Island Resort and Spa on Honda Bay in Puerto Princesa, he added.
El Rio is reportedly building 80 new rooms while Dos Palmas is adding 88 new villas.
No details, however, were given to the expansion plans of Amanpulo, which is luring rich foreign tourists and a number of wealthy Filipinos.
Durano said another upscale resort, Eskaya Beach
Resort and Spa, recently opened in
The 200-room Shangri La Boracay Resort & Spa will open in August 2008 while the Imperial Palace Waterpark Resort & Spa on
Investors have recently completed the Camiguin Highland Resort on an eight-hectare lanzones plantation, Durano said.
In
In Bicol,
Durano said these projects are part of the P160 billion in new hotel and resort investments that are underway. The government expects more than three million foreign tourists this year, and about five million by 2010.
The tourism sector is contributing about $2.5 billion a year to the economy, he added.
In 2006, international tourism receipts from 2.84 million visitors to the
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