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On February 1, 2018, DoubleDragon Properties announced that it would build its fourth hotel under its Hotel 101 brand, named Hotel 101 Resorts-Boracay. It will be a joint venture between DoubleDragon subsidiary Hotel of Asia Inc. and partner Newcoast South Beach Inc. [1] The proposed hotel with 1,001 rooms is envisioned to be the biggest in the country in terms of room count.
The Boracay Convention Center is part of the 79.21-hectare eco-village land in Boracay Island, which the Ayala group owned until June 2003. [6] [8] In 2005 alone, Boracay Property Holdings Inc., has so far invested $6 million or about P336 million to put up the world-class hotel and facilities in the area. [5]
Other resorts in Boracay include Discovery Shores, a luxury five-star resort managed by a Filipino hospitality group called The Discovery Leisure Company Inc. and owned by Discovery World Corp. [81] [82] The building, with 88 suites, a spa, and four restaurants and bars, [83] [84] stands at Station One on the White Beach, and has been described ...
A tightly-scripted meeting of the Russia-dominated economic alliance of several ex-Soviet nations briefly went awry Thursday when two leaders engaged in bickering during a live broadcast of the event.
Her original plan was to work until 65 and leave a nest egg for the kids. Now, at 53, she and her husband have restructured their finances and retired early.
Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry , which sets price by forecasting demand.
The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% and also the highest since July. It was at 5.89% a year ago.
A resort fee, also called a facility fee, [1] a destination fee, [2] an amenity fee, [3] an urban fee, [4] [5] a resort charge, or a hidden hotel booking fee, [6] [7] is an additional fee that a guest is charged by an accommodation provider, usually calculated on a per day basis, in addition to a base room rate. Resort fees originated in North ...
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