Hotel operators are expanding their portfolios in the Visayas and Mindanao through 2029, supported by resilient domestic tourism demand and improving occupancy rates, according to a Colliers Philippines report as reported by BusinessWorld.
The property consultancy noted that despite the Philippines falling short of its foreign visitor target in 2025, domestic travel continues to underpin growth.
The expansion plans highlight confidence in the regional tourism sector, with operators betting on sustained local demand through the end of the decade.