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.
Boracay tourists, both sports and non-sports enthusiasts, can have a short fun and adventure activity with the wall climbing of D'Wall Climbing Gym located in D'Mall and in Patio Pacific Boracay.
This is very ideal for tourists who have been staying in Boracay for a week or so and have been very bored taking photos all around the island. This could also be just one thrilling experience for those who have not tried wall climbing at all. Or simply an enjoyable exercise that you will never forget.
D' Wall climbing is 50 pesos per climb and stands 10 meter tall while in Patio Pacific it is 40 feet tall (12.2 meters) and you get a 50% discount of the hourly rate if you're a hotel guest.
Wall climbing could be a very cool investment if you own or could lease a property in a tourist destination like Boracay.
Boracay Properties and Investment
Photos are credited to D'Wall Climbing Gym
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