Boracay Tourism
Boracay is the Philippine's major tourist destination. Tourist arrivals in 2005 was 499,457. The average yearly increase from 1998 to 2005 was about 20%. Local tourists accounted to 69% of arrivals in 2005 while foreign tourists consisted of 31% of arrivals. The influx of foreign tourist manifests an increasing trend since 2003, with Koreans registering the single largest nationality that visited the island, accounting to 65% of foreign tourists.
According to the recent survey of Department of Tourism, Boracay is in need of 10,000 hotel rooms for all tourist accommodation. And Boracay currently has only 5,000 hotel rooms available for accommodation. 50 % short of the total needed room accommodation.
In response to this tourism need, Crown Regency Hotel Chain came up with a great investment opportunity for serious investors and at the same time catering to Boracay tourism by coming up with Boracay Regency Resort and Convention Center to cater the local convention market at the very least and the Asian convention market at the most.
Crown Regency Bayview Resort. Located at one end of the Bolabog Beach cove, this resort brings the element of Wind on its modern design of glass walls and chrome interiors. Associated to a new day and a freedom of new experiences, the element of Wind is felt from the generous amount of light and view from your doorstep as you feel the peaceful trade winds blow offshore and the topaz blue waters of Boracay beaches dancing from your bedroom window. A sense of freedom awaits you here; to touch, to inhale, and to experience freedom where the wind blows.
(SOON TO OPEN)
Club Ultima members and Ultima property investors can book here using their free room nights.
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