Haven't you noticed? A lot of Filipinos are travelling nowadays. - not just outside the country but to the provinces as well. A good sign for our local tourism. More money circulating. More locals with work. New places discovered. No need to travel abroad just to have a relaxing vacation.
With the demand for local tourism, expect tourism-related business to increase . This is where real estate comes in. According to CREBA, (Chamber of Real Estate Builders Association) sixty (60%) percent of the real estate in the country is tourism-related. These real estate-based projects include leisure, entertainment, business and vacation facilities and aenities, such as hotels, resorts, theme parks, retirement communities conference, exhibition and convention centers, and wellness and medical centers for a growing global medical tourism market.
Still the number of tourists in the Philippines pales in comparison to other Asian countries like Thailand, Singapore, Malaysia and Indonesia. With the awareness now of how our tourism contributes to the economy of our country, it is time to build tourism related projects that are globally competitive. One cannot depend on the government to do everything. The private sector has to take the initiative to achieve this. I think we ought to make our own contribution here. How? Get into a tourism business. To start we have to find a place for that business.
For listings, check out http://www.phil-realestate-choices.com
Read this inspiring article from the Philippine Star by Roger Garcia:
http://www.philstar.com/Article.aspx?articleId=568855&publicationSubCategoryId=76