Underperforming Philippines Extends Tax Breaks to Attract Tourism Investors

Skift | July 08, 2019

The Philippines is extending tax incentives for another decade to help stimulate investments in its tourism enterprise zones to help it achieve an ambitious goal of luring 12 million foreign arrivals by 2022.The incentives were to have expired by the end of this year. The zones are designated and supervised by the Tourism Infrastructure and Enterprise Zone Authority. They include sites in destinations such as Cebu, Palawan, Manila, Bataan, Bohol, and Surigao del Norte.

Spotlight

In the Lion City, you’re always sure to have a roaring good time. We are visiting Singapore, an island city-state that, although modest in size, packs in a whole lot to see and do . . . more than enough to fill a 24 hour period. Everything that Singapore does, it does well. Whatever motivates you to travel, whether it’s food, architecture, art, shopping or beautiful green spaces — Singapore is sure to deliver. And with its world-renowned Mass Rapid Transit (MRT) subway system, getting around a breeze. Of course, in a city with so much to see, you’ll likely also be happy walking to get around.

Spotlight

In the Lion City, you’re always sure to have a roaring good time. We are visiting Singapore, an island city-state that, although modest in size, packs in a whole lot to see and do . . . more than enough to fill a 24 hour period. Everything that Singapore does, it does well. Whatever motivates you to travel, whether it’s food, architecture, art, shopping or beautiful green spaces — Singapore is sure to deliver. And with its world-renowned Mass Rapid Transit (MRT) subway system, getting around a breeze. Of course, in a city with so much to see, you’ll likely also be happy walking to get around.

Related News

HOSPITALITY TRENDS

Bodhi Hotel Room Configurations Dramatically Improve the Guest Experience While Saving Energy and Preventing Loss

Bodhi | July 21, 2022

Software Development LLC has announced three new configurations for the Bodhi intelligent building management platform: a Smart, Premium, and Luxury Hotel Room. “Bodhi is all about the guest experience, Guests can use their phones to unlock the room door, turn on the lights, control the TV and request linens or their car, all of which they love, because it saves them time and headaches,” -Greg Michelier, partner at Software Development. Bodhi saves management time and money as well, including at least 35% of guestroom energy costs and the prevention or mitigation of leak, flood, and mold damage, which are the largest source of insurance claims for commercial property. Now management can offer the guest better facilities and better service for a lower cost. It’s a win-win-win. The Bodhi Smart Hotel Room is a perfect, low-cost solution with climate and lighting control, energy savings, keyless room entry, leak and mold protection, and advanced control and amenities via the browser-based Bodhi Guest App. The Bodhi Premium Hotel Room combines the power of Crestron and Bodhi technology to add Amazon Alexa control and Crestron lighting, shading and climate systems to the Bodhi Guest App and Bodhi protection and savings. The Bodhi Luxury Hotel Room adds a Crestron touch panel and Alexa for super-simple control of lighting, shading, climate and entertainment systems, together with Bodhi protection, savings and the Bodhi Guest App. With Bodhi, the entire property will work better, more safely and efficiently, giving guests, management and staff a better experience. About Bodhi Bodhi is a cloud-based platform that controls, schedules and manages virtually all of the technology installed in hotels, resorts, offices, homes, and multi dwelling unit residential developments (MDUs). It simplifies and enhances Crestron, Lutron and other control systems, or may be used on its own.Contact Bodhi today at info@bodhi.software.

Read More

INDUSTRY OUTLOOK

Despegar Completes Acquisition of 100% of the Brazilian Online Travel Agency Vijanet

Despegar, Corp | June 09, 2022

Despegar, Corp announced that it has completed the previously announced acquisition of 100% of TVLX viagens e Turismo S.A for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. TVLX Viagens e Turismo S.A is one of Brazil's biggest online travel firms. 17% of the total consideration was paid upon the deal's closure, 43% is projected to be paid in July 2022, 20 percent in June 2024 and the remaining 20 percent in June 2025, subject to any post-closing indemnification changes. Despegar is Latin America's top online travel agency. Technology has altered the travel sector for over two decades. Despegar is constituted of a consolidated Group that comprises Best Day, Viajes Falabella, Viajanet, and Koin (the Company's fintech company), therefore becoming one of the most significant organizations in the area and able to give a customized experience to more than 29 million clients.

Read More

DESTINATION AND TOURISM

Celebrate World Oceans Day with Terranea Resort

Terranea Resort | May 30, 2022

Terranea Resort invites guests to enjoy its rich natural habitat that spans over 102 acres. It is perched atop oceanfront coastal bluffs on the Palos Verdes Peninsula. The resort has a variety of special offerings designed to entertain, educate, and explore the surrounding marine protected environment to celebrate World Oceans Day. World Oceans Day is an annual event and presents an opportunity to unite the community to support for the sustainable management of the world’s oceans. It also raises awareness of the impact of individual actions on the ocean. Guests can be a part of eco-driven initiatives in partnership with Marine Mammal Care Center and International Bird Rescue. These organizations bring awareness to the importance of safeguarding and protecting the ocean for everyone to enjoy throughout June. Guests can support the Marine Mammal Care Center while booking their stay at www.Terranea.com. Guests can go kayaking on the Californian coastline with marine biologist and Chief Operations and Education Officer of Marine Mammal Care Center, Dave Bader. He will provide the guests with invaluable knowledge on endangered cetaceans and the conservation of the local marine life. A portion of the proceeds from each tour will be donated to the Marine Mammal Care Center. Guests aged 8 and up can enjoy this activity on June 4 | 7:30am – 10:30am | $250 per person donated directly to Marine Mammal Care Center. Tour needs to be booked in advance and is weather dependent. All equipment is provided. Guests, ages 8 and up can go on a forest clean-up kayak tour to help maintain the coastline by collecting litter along the pristine Marine Protected Area of the Palos Verdes Peninsula. Tour details: June 11 | 9:30am & 11:30am | $100 per person. Here is a list of other activities that the guests can enjoy: Educational ocean activities- June 11 | 11:00am – 2:00pm Nelson'sSea Harvest Workshop- Ages 21 and up. Advance reservations are required at www.terranea.com/experiences. June 11 | 10:00am | Sea Salt Conservatory | $80 per person Self-guided Nature Walk and Scavenger Hunt June 1-30 | Map available at pointe discovery Captain Gray Whale Cookies June 1 – 30 Visit Terranea’s website (terranea.com/celebrate) for more details.

Read More