{"id":777010343,"date":"2023-10-20T08:55:55","date_gmt":"2023-10-20T11:55:55","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010343"},"modified":"2026-04-22T16:56:20","modified_gmt":"2026-04-22T19:56:20","slug":"the-philippines-to-build-48-new-hotels-by-2028","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-philippines-to-build-48-new-hotels-by-2028","title":{"rendered":"The Philippines to build 48 new hotels by 2028"},"content":{"rendered":"\n<p>The Philippine Hotel Owners Association (PHOA) says the expansion will play a pivotal role in\u00a0the recovery of tourism.\u00a0<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-<strong>\u00a0Benito C. Bengzon Jr.<\/strong>, the executive director of\u00a0<strong>the Philippine Hotel Owners Association (PHOA)<\/strong>\u00a0has unveiled a plan to construct 48 new hotels by 2028. This endeavour will result in the addition of 15,000 rooms, augmenting the existing portfolio of 40,000 keys.<\/p>\n\n\n\n<p>The announcement came during a presentation at the Hotel Sales and Marketing Association&#8217;s Summit. Bengzon said the expansion would play a pivotal role in<strong>\u00a0the recovery of tourism<\/strong>.\u00a0He underscored the importance of enhancing the country&#8217;s capacity to host foreign and domestic tourists while maintaining a commitment to top-tier standards in facilities and services.<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/philippines-reaches-80-of-target-for-foreign-tourist-arrivals\" rel=\"noreferrer noopener\">Philippines reaches 80% of target for foreign tourist arrivals<\/a><\/p>\n\n\n\n<p>As of September 30th,\u00a0<strong>PHOA has a membership of 65 companies<\/strong>, collectively owning 200 hotels. The 48 upcoming hotel projects involve various groups, including the Ascott Limited Group, AyalaLand Hotels and Resorts Corp., Hotel 101 Group, Megaworld Corp,\u00a0Newport World Resorts, Filinvest Hospitality Corp., Accor Group, and SM Hotels and Conventions Corp-Radisson Hotel Group.<\/p>\n\n\n\n<p>These projects are\u00a0planned for locations including Metro Manila, Cebu, Davao, Baguio, Angeles, Palawan, Iloilo, Boracay, and Bacolod as well as lesser-known destinations. <\/p>\n\n\n\n<p>The Department of Tourism (DOT) is targeting 11.5 million international tourists by 2028, up from this year&#8217;s 4.8 million.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Philippine Hotel Owners Association (PHOA) says the expansion will play a pivotal role in\u00a0the recovery of tourism.\u00a0<\/p>\n","protected":false},"author":176,"featured_media":777008064,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine Hotel Owners Association (PHOA) plans to construct 48 new hotels by 2028, adding 15,000 rooms to support the nation's tourism recovery and accommodate the Department of Tourism's target of 11.5 million international tourists. This significant capital expenditure involves major hospitality groups and is strategically located across key and emerging destinations within the Philippines.","focusai_entities":"Philippine Hotel Owners Association (PHOA), Benito C. Bengzon Jr., Hotel Sales and Marketing Association, The Ascott Limited Group, AyalaLand Hotels and Resorts Corp., Hotel 101 Group, Megaworld Corp, Newport World Resorts, Filinvest Hospitality Corp., Accor Group, SM Hotels and Conventions Corp, Radisson Hotel Group, Department of Tourism (DOT)","focusai_location":"Philippines, Metro Manila, Cebu, Davao, Baguio, Angeles, Palawan, Iloilo, Boracay, Bacolod","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Capital Deployment Strategy","query":"What is the projected aggregate capital expenditure for these 48 new hotel projects, and how will this impact the debt-to-equity ratios and return on invested capital (ROIC) for the involved publicly traded entities?"},{"label":"Regulatory Impact Assessment","query":"Beyond tourism targets, what specific regulatory adjustments or incentives are being considered by the Department of Tourism and other government bodies to facilitate this rapid expansion, particularly concerning B2B\/B2C licensing and environmental compliance?"}],"footnotes":""},"categories":[157,16333],"tags":[23907],"class_list":["post-777010343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777010343"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010343\/revisions"}],"predecessor-version":[{"id":777041103,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010343\/revisions\/777041103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777008064"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}