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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.
Boracay is the site of an 18-hole par 72 golf course designed by Graham Marsh. [87] In addition, as of 2010, Boracay has in excess of 350 beach resorts offering more than 2,000 rooms ranging in quality from five-star to budget accommodation. [88] In addition, Boracay offers a wide range of restaurants, bars, pubs, and nightclubs.
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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]
Algal bloom in Boracay on April 25, 2018, a day prior to the resort island's closure. Boracay is a popular tourist island and the infrastructure needed to accommodate tourism was put in place at a fast pace. [1] This caused environmental problems. [1] Condé Nast Traveler magazine called Boracay "the poster child for overtourism". [1]
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