Travel & Tourism
Philippines tourism set to miss pre-pandemic peak in 2028
The Philippines is expected to welcome 6.3 million international visitors by 2028, leaving arrivals nearly 2 million short of the pre-pandemic peak even as tourism across Asia-Pacific rebounds beyond 2019 levels.
PH Resorts permanently closes Donatela in Bohol
PH Resorts Group Holdings Inc. has permanently closed Donatela Resort & Sanctuary in Panglao, Bohol, as part of a broader restructuring with parent Udenna Corp. aimed at addressing legacy obligations.
SM Hotels goes premium with Shangri-La resort
SM Hotels & Conventions Corp. (SMHCC) is expanding further into premium leisure with a Shangri-La-branded resort at Hamilo Coast, broadening its hospitality portfolio beyond city hotels, convention facilities and established leisure properties.
ASEAN turns to regional travel as fuel risks mount
ASEAN tourism ministers are looking to regional travelers and emerging destinations to help sustain tourism activity as volatile energy prices threaten to raise transport costs and weigh on long-haul travel demand.
Travellers International expands portfolio to 3,000 rooms
Travellers International Hotel Group Inc. is charging hard into a major hospitality expansion, scaling its portfolio to nearly 3,000 room keys as new developments at Newport World Resorts and the massive Westside project in Entertainment City come online.
