29% of hotel rooms expected by 2026 canceled — report

29% of hotel rooms expected by 2026 canceled — report

NEARLY three in 10 hotel rooms that had been projected two years ago to open by 2026 were canceled, even as the country’s current accommodation pipeline has grown to P387 billion through 2032. Of the 20,509 room keys identified in the 2024 Philippine Accommodation Pipeline Report for opening by 2026, 29% were canceled, while just […]

Source: BusinessWorld
https://bworldonline.com/corporate/2026/09/18/778109/29-of-hotel-rooms-expected-by-2026-canceled-report/