Resort-type developments to spur Philippine tourism industry

PRIME Philippines Research and Advisory Group May 16, 2018

In light of continuous discussions and involvements in ASEAN, the tourism sector is set to experience rapid growth in 2018. With increase in international arrivals, demand for world-class resort-type developments is seen in the coming years. As the market is becoming more open to international delegations, hotel and hospitality standards must rise. Resort-type developments are expected in areas that already have a footprint in the local tourism. Locations such as Cebu, Davao, and Puerto Princesa, Palawan are areas of growth that the hotel sector must look out for.


Trend Watch: The growing demand for budget hotels  

In the past, travel was a luxury, with high cost of airfare and accommodations that go with it. These days, budget traveling is seen as a possibility. Given affordable rates from airline promo flights and the Internet, planning and executing travel itineraries are now at the tip of our thumbs. As more destinations in the Philippines are being identified for leisure and tourism, the need for budget hotels to cater to the travelers market is seen. The “undiscovered” parts of the Philippines are slowly gaining exposure, with the only hurdle for the travelers being accommodations. Hence, investors that are keen on entering and capitalizing the tourism potential of areas now have the option of establishing their own budget hotels. From 2018 to 2020, more budget hotels are expected in fringe and upcoming tourism areas.



rapid growth of tourism sector, world-class resort-type developments, growing demand for budget hotels, tourism sector, hotel sector, budget hotels, traveling, resort-type developments
PRIME Radar logo

Get the latest real estate insights, events and news from our newsletter

Our Expertise

Whatever your real estate service needs may be, our expert team of dedicated professionals will deliver value beyond your expectations.

Find a Property

Browse our offered available properties. We have lots or spaces that suit your requirements.

Industry Insights

Secure your competitive edge with our insights spanning various industries and competencies.

Book a Consultation

Unsure about what you need? We can help.

Social Media

Talk to Us

For general inquiries:

[email protected]

For client concerns:

[email protected]

Recruitment and hiring concerns:

[email protected]

Press and public communications:

[email protected]


Ground Floor, Pacific Century Tower #1472 - 1476, Quezon Avenue South Triangle, Quezon City, Philippines


Fourth Floor, Topaz Tower, Damosa I.T. Park, J.P. Laurel Avenue, Lanang, Davao City, Davao Del Sur, Philippines 8000


Regus - Cebu, Park Centrale, 5th Floor, Park Centrale Building Jose Maria del Mar St, cor Abad St, Cebu City 6000

© 2013 - 2020 PRIME Philippines. All Rights Reserved.