Accor Group building bed and breakfast facility in Cebu

By Ma. Elisa P. Osorio
Monday, February 25, 2008 [ philstar.com ]

European leader in hotels the Accor Group is developing a multi-million peso bed and breakfast facility in Cebu.

In an interview, Hotel and Restaurant Association of the Philippines chairman and president Humphrey O’Leary III said investments in the local hotel industry continues as evidenced by the interest of the Accor Group.

In fact, O’Leary said the development in the industry is concentrated outside Metro Manila. “The investors are looking at building hotels in places outside Metro Manila,” he said. > > > [ full story ]
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Boracay Island task force prepares for peak season

Monday, February 25, 2008 [ manilatimes.net ]

BORACAY ISLAND: The Bantay Boracay Task Force, marking March 1 as the start of the peak season in this resort island, is now busy preparing for the arrival of tourists who usually come for their Holy Week and summer vacation, reported the Philippine­ News Agency.

Nieven Maquirang, Caticlan Port administrator and a member of the task force, said that starting March 1, the Land Transportation Office will be implementing a traffic rerouting plan for all types of vehicles bound for Caticlan Jetty Port—the gateway of this resort island. > > > [ full story ]
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CEZA, private groups spend P11 B in ecozone infrastructure

[ Manila Bulletin Online ] February 25, 2008
By BERNIE C. MAGKILAT

The Cagayan Economic Zone Authority (CEZA) and a consortium of private sector groups are investing P11 billion for the construction of infrastructure projects particularly an international airport and seaport to jumpstart the development of the Cagayan Special Economic Zone and Freeport in Santa Ana, Cagayan.

CEZA administrator and CEO Jose Mari Ponce said they are looking at the completion of all the infrastructure facilities by 2010.

Of the total investment requirement, Ponce said between P5 billion to P6 billion would be used to for the construction of the international airport and P4 billion to P5 billion for the construction of the container port. > > > [ full story ]
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Aurora emerging trade, tourism hub – Loren

February 24, 2008 [ journal.com.ph ]

BALER, Aurora ?" This province will soon emerge as a major hub not only for tourism but also for commerce and trade owing to its abundant natural resources, tourist spots and investor-friendly projects, Sen. Loren Legarda predicted.

Legarda, Senate economic affairs committee chairperson, said the province is teeming with promise with the setting up of a special economic zone which is a key ingredient in making the province the next investor’s haven in the country.

“Its tourism potential is not actually potential but for real. And what's also interesting is it’s environmentally secure,” she said. > > > [ full story ]
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Eastwood-inspired mall to open in Malolos

Sunday, February 24, 2008 [ philstar.com ]

MALOLOS CITY – A P120-million Eastwood-inspired mall development is set to open in this city next month, thereby opening hundreds of job opportunities to new graduates.

Envisioned to become the new destination in this historic city, The Cabañas is owned and developed by Doña Rita Realty Corp. It is located in a 2.3 hectare land along the MacArthur Highway in Barangay Longos here and surrounded by numerous housing subdivisions, large provincial universities like the Bulacan State University, Centro-Escolar University-Malolos campus and the University of Regina Carmeli. > > > [ full story ]
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