Developers confident in PHL tourism with P250&B investment — report

DEVELOPERS have committed about P250 billion to construct 158 accommodation projects, totaling 40,084 room keys, signifying strong confidence in the tourism sector, according to the 2024 Philippine Accommodation Pipeline Report. “That 40,000 room keys equate to approximately P250-billion commitment over the following years,” Alfred Lay, director for hotels, tourism, and leisure at Leechiu Property Consultants, […]

Developers confident in PHL tourism with P250&B investment — report
DEVELOPERS have committed about P250 billion to construct 158 accommodation projects, totaling 40,084 room keys, signifying strong confidence in the tourism sector, according to the 2024 Philippine Accommodation Pipeline Report. “That 40,000 room keys equate to approximately P250-billion commitment over the following years,” Alfred Lay, director for hotels, tourism, and leisure at Leechiu Property Consultants, […]