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News and Events

This QC Hotel Is the Latest to Gain Five-Star Accreditation by the DOT

Seda Vertis North is the sixth of a planned 15 Seda hotels owned by Ayala Land

Lobby of Seda Vertis NorthThe Department of Tourism recently accredited Ayala Land-owned Seda Vertis North as Quezon City’s newest five-star hotel, highlighting its top-of-the-line facilities and world-class customer service.Brett Hickey, Seda Group general manager, said that the accreditation, which uses global assessment and ...

by Entrepreneur Staff  | March 17, 2018 09:00:00
News and Events

Is Airbnb About to Disrupt PH Motels?

Can the online platform match the popular landmarks’ ‘short-time’ rates?

Airbnb, a popular online aggregator of hospitality services for rent such as apartments, condominium rooms, guesthouses and more, has thoroughly disrupted the hotel industry. Since its founding in 2008, the California-based tech company has offered fierce competition to hotels, forcing the industry ...

by Pauline Macaraeg  | February 14, 2018 01:00:00
News and Events

How Much Will A Hotel Staycation Cost This Valentines Day

A candlelit dinner by the bay sounds romantic

This year, Valentine's day falls on a Wednesday and planning an out-of-town trip with your loved ones may not be the best option.One of the best ways to celebrate the love month is to go on a romantic staycation at a fancy ...

by Nikko Tuazon for  | February 11, 2018 12:00:00
News and Events

In Which Regions and Cities Do Food and Accommodation Businesses Earn the Most?

Average gross profit per establishment ranges from Php1.5 million to Php15 million

Food and accommodation establishments in the Philippines earned an average gross profit (income less expenses) of Php9.6 million in 2015, according to the Philippine Statistics Authority (PSA).But restaurant, bar and hotel owners as well as caterers in Metro Manila earn more compared ...

by Pauline Macaraeg  | September 05, 2017 10:00:00
News and Events

How Much Money are Restaurants, Bars and Caterers Making on Average?

Before putting one up, take a look at the latest numbers from the Philippine Statistics Authority

Each year, the Philippine Statistics Authority (PSA) conducts the Annual Survey of Philippine Business and Industry (ASPBI), which gathers data on close to 40,000 formal business establishments that employ at least 10 workers in the country. The latest survey, which includes 18 ...

by Pauline Macaraeg  | August 24, 2017 04:00:00
Run & Grow

Tourism Boom: From Cavite Mall Owners to Boracay and Palawan Hotel Developers

The developers of Lumina Point Mall in Imus will open two new hotels in time for summer

Dexter and Dennis Lee are brothers and managing directors of Luana Lifestyle and Leisure Hotel, which will open two new hotel properties in Palawan and Boracay this summer seasonThere's debate whether or not Boracay island, one of the country's top tourist destinations, ...

by Paul John Caña  | March 29, 2017 11:00:00
Run & Grow

How Airbnb Changed the Traditional Lodging Industry

Now it's valued at $20 billion

The following excerpt is from Richard Koch and Greg Lockwood’s book Simplify. Just like the taxi industry, in the 2000s, the hotel sector was ripe for disruption. In many cities, hotels in central locations were (and still are) overpriced and lacked the “atmospheric” character ...

by Richard Koch  | February 03, 2017 12:00:00
Run & Grow

How Wyden King runs his businesses according to God's will

"It's hard to uphold righteousness in business, especially when unrighteous practices are the norm," says the heir to the Anito and Victoria Court motel chain.

CHANGED. “I used to bribe a lot of local government officials so that they can either promote our business, or turn a blind eye every time we failed to pay our taxes on time,” recalls Wyden King, former president of the Anito Hotel ...

by Toni Antiporda  | March 21, 2016 05:00:00
Business Ideas

This service is helping hotels fill rooms

It was 2006, and Lila Marquez-Rosenberger wanted to bring the parents of her husband, Bjorn, from abroad to Bohol to celebrate the birth of their first grandchild. It would have been the first time for all of them to vacation in the ...

by Jimbo Owen B. Gulle  | December 06, 2012 01:00:00
Business Ideas

The hotel is reborn under new management.

The trend in real estate these days is to acquire an old property, destroy everything in the lot and build a new high-rise condominium, a giant mall, a BPO building, or maybe a mixture of the three.When the Cuevas family purchased the ...

by Carlo P. Mallo  | December 01, 2011 10:00:00
Business Ideas

Opportunities in the business travel industry

Cebu to be the new regional destination

Meetings, Incentive Travel, Conventions, Exhibitions/Events Conference (MICE) buyers tired of the usual destinations are now on the lookout for cities that can cater their needs and give them world-class experiences. “The Philippines lacks in securing meetings with the capacity of 2,000 delegates ...

by Entrepreneur Staff  | October 07, 2011 02:00:00
Startup Tips

Mine the expat market

More foreigners visiting and living permanently in the country means more potential business for entrepreneurs

It used to be that foreigners came to the Philippines simply to take in the sights, to sample the culture, and to unwind basically. Now they come for completely different reasons: to work, to study, to stay and even to retire among ...

by Jimbo Owen B. Gulle  | March 17, 2010 12:00:00