The Philippines has 37 hotel projects and 10,713 rooms in its hotel construction pipeline, according to a new report.
The new Asia-Pacific Hotel Construction Overview report prepared by TOPHOTELPROJECTS exclusively for The Hotel Show Philippines, identifies the Philippines as one of the top ten countries in the region with the most hotel construction currently underway.
The luxury hotel market is listed as the Philippines’ most active area for hotel development – with 35 new properties in this segment in the planning, construction and pre-opening stages – set to open in the next five years.
“In 2017, about 4,200 new hotel rooms are projected to be delivered,” commented Joey Bondoc, Research Manager at Colliers International. “With an estimated 10 million foreign tourists by 2020 – up from 5.4 million in 2015 – and increases in domestic tourism, firms are ramping up their developments to keep up with the influx of international visitors.”
TOPHOTELPROJECTS identify one of the most active brands at present to be Singapore-based Alila Hotels & Resorts – known for its luxury, boutique hotels situated in unique locations – forecast to open its first property in the Philippines by 2019.
PICTURED: Alila Hotels & Resorts most recent property in the Asia-Pacific region is a modern, retro resort in Guilin, China opening in July 2017 – Alila Yangshuo
“The upcoming hotel projects are complemented by the opening of luxury retail establishments such as S Maison which occupies two floors of the six-star Conrad Manila hotel and the retail components of Solaire Resort & Casino and Shangri-La at The Fort,” Bondoc continued. “These developments reflect the substantial rise in tourist expenditures and demand for accommodation and entertainment options amid sustained economic growth.”
At this time of significant hospitality development – dmg events Middle East, Asia and Africa, a leading international exhibitions company based in Dubai, is set to launch The Hotel Show Philippines in August of this year.
“We are taking the legacy of The Hotel Show Dubai and giving it a local flavor,” commented John Suzara, Event Manager of The Hotel Show Philippines. “Our Dubai show represents the latest trends in hospitality for the Middle East and Africa, and we aim to provide the same opportunity for networking, knowledge share and trading for Asia-Pacific – identified by TOPHOTELPROJECTS in our commissioned report as currently the most active region for hotel construction in the world.”
Companies exhibiting at The Hotel Show Philippines 2017 represent a mix of local and international companies from across product sectors that embody the full spectrum of the hospitality industry from technology (Total Automation Company, VingCard, Direct2Guests), to interiors and design (Showcase Carpet, Delta Faucet), to lighting (Fabrica Electrotecnica), and much more.
The first ever Philippines edition of the international event is co-located with the World Food Expo (WOFEX) organised by PEPTarsus – the biggest food show in the Philippines – taking place August 02-05th 2017 at the SMX Convention Centre in Metro Manila.
To find out more and register to attend for free, visit: www.thehotelshowphilippines.com