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 Resort. At the Station 3 beachfront, the 40-unit resort owes its design inspired by a sun-drenched island. A beautiful view of the sunset, creating an amazing display of amber hues exemplifying the passion of fire. It has an infinity pool at the deck and a conference room with a capacity for 80 people. Essences of the Fire element are shown in patterns of sunshine as streaks of sunlight penetrate the warm and vibrant interiors of the resort.
Club Ultima members and Ultima property investors can book here using their free room nights.
Boracay Properties and Investment
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