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.
Kitesurfing or kiteboarding is one of the most sought activities water sports enthusiasts love doing in Boracay. Even non-sport tourists who have the heart of an adventurer can enjoy the thrill ride of kitesurfing.
Kitesurfing or kiteboarding uses wind power to navigate the rider around the surface of a body of water while on a surfboard. Hence, when the wind is stronger the fiercer the ride a rider could experience. Although generally the same, these two surface water sports differ in the boards and performance kites they use.
Kitesurfing is absolutely one activity you would love to try when you visit Boracay.
Boracay Properties and Investment
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