Hotel occupancy in Metro Manila remained stable at 64 percent in the first half of 2025, up one percentage point from last year, according to real estate consultancy Colliers. However, occupancy is expected to hover just above 60 percent for the rest of the year amid weak foreign tourist arrivals and an incoming wave of new hotel rooms.
Metro Manila’s office market continued its recovery in the first half of 2025, with total transactions reaching 446,100 square meters—up 7 percent year-on-year and 33 percent higher than the second half of 2024.
The office market in Metro Cebu surged in the first quarter, rebounding with a 150 percent quarter-on-quarter increase in transaction volumes after a sluggish fourth quarter of 2024, which was weighed down by election-related uncertainty, according to property consultancy firm Colliers.
Real estate consultancy firm Colliers is cautiously optimistic in the growth for office space and residential condominium but is sanguine for the hotel and retail sectors, especially with the expected strong growth in global travel.
Philippine manufacturing returned to growth in May, snapping a brief downturn as stronger domestic demand fueled production and new orders, according to the latest S&P Global Philippines Manufacturing PMI survey.
Bohol-Panglao International Airport has completed a large-scale emergency simulation exercise as passenger traffic continues to rise, underscoring the growing importance of safety and operational resilience at one of the country’s busiest tourism gateways.
Union Bank of the Philippines is seeking to raise up to P30 billion through a new bond issuance as the Aboitiz-led lender strengthens its funding base and positions itself for future growth amid a still-evolving interest rate environment.
A growing list of economic and geopolitical concerns is pushing investors into defensive mode, with the Philippine Stock Exchange index (PSEi) struggling to regain momentum after slipping below a key support level.