Tag page - Alfred Lay

Although Asian tourist arrivals decline, the Philippine tourism industry is still perceived to be entering “a new era of opportunity” because of the growth in domestic tourism, improved flight connectivity, and the 99-year lease reform. Leechiu Property Consultants said in its third-quarter...

The local tourism industry is expected to maintain the growth observed in the first half of 2025, mainly driven by strong domestic travel and gradual recovery in international arrivals. “With the anticipated growth of domestic tourism, our industry is set for a significant boost,” said Leechiu...

The Philippine tourism and hotel industry continued to face challenges in 2024, and these difficulties are seen to persist this year, primarily due to global economic headwinds and slower recovery in key international markets such as South Korea and China.  In a briefing, Leechiu Property...

The Philippine hospitality industry is set for continued growth in 2025, with infrastructure investments and policy reforms driving optimism and fueling the development of new hotels and resorts. Leechiu Property Consultants (LPC) noted that planned expansions at key airports, including Manila and...