Tourism contributed 8.9 percent to the Philippines' gross domestic product (GDP) in 2024, according to the latest Tourism Satellite Account compiled by the Philippine Statistics Authority (PSA).
Under a newly signed land lease agreement, MPAV will develop and operate the greenhouse, which is designed to produce up to 100,000 kilos of fresh vegetables annually to be supplied to Lio Estate’s hospitality establishments and the broader El Nido community.
In just three years, NUSTAR Resort Cebu has transformed the region’s tourism game, turning Cebu into a rising hotspot for luxury travel, shopping, and entertainment.
The Philippine tourism and hotel sector is still struggling to regain strong momentum in 2025, with projections falling short of the government’s ambitious target of 8.4 million foreign arrivals, according to Leechiu Properties Consultants (LPC).
Direct flights from Clark International Airport to El Nido Airport in Palawan began on March 30, 2025, through boutique airline AirSWIFT—creating a new gateway to one of the country’s most sought-after destinations.
A privately held investment firm controlled by the Antonio family is exploring a potential large-scale development in Palawan that could become a key addition to other high-end projects in their portfolio.
Taipan Lucio Tan’s Philippine Airlines (PAL) has launched the first nonstop Cebu-Catarman flights, strengthening its domestic network and improving air connectivity for Northern Samar.