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.
Windsurfing is another water sports adventure that tourists and sports enthusiasts-alike can get omtp when they visit Boracay.
Windsurfing is another type of water surfing using a smaller version of a sailboat. There are rigs and a sail but the riding vessel is a board 3-12 meters long instead of a row-shaped boat. The sailor, as the rider is called, ride the sailboat with the wind as its row to experience the extreme ride. Consequently, this kind of surfing is best done during seasons when the wind in the seas and bays are strong enough to give the sailor a thrilling ride.
Windsurfing in Boracay is usually done in the Bolabog Beach where the sea and wind are rougher, but can also be done in the main beach when the climate exchanges to both sides.
Boracay Properties and Investment
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