A record-breaking year for the Philippines’ tourism sector is in the cards amid a growth surge in the industry, according to the 2024 Economic Impact Research study of the World Travel & Tourism Council.
Real estate conglomerate Alliance Global Group unveiled on Saturday what is billed as the country’s largest hotel by room keys, eclipsing the prior title holder for the most number of hotel rooms by over 50%.
The Philippines emerged as Singapore's sixth-largest source of tourists in 2023, with nearly 700,000 arrivals, marking an 81% increase from 2022, according to budget carrier Cebu Pacific which recently inked a deal with the city state’s authorities to promote more tourism.
The Sy family’s SM Group is gearing up for major expansion in the hotel and business meetings sector, with plans to build 1,700 hotel rooms over the next four years.