Record-high supply of new hotels to open in 2023

Wazzup Pilipinas!?



Hotel developers encouraged to build more MICE facilities



A record-high 5,300 new hotel rooms are projected to be completed in 2023, according to data released by leading diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI).

According to Colliers’ Director of Research, Joey Roi Bondoc, this is a positive development for the Philippine tourism sector, especially now that the sector is rebounding. “With the continued rise in international and domestic tourists as well as return of more in-person events, hotel developers are now lining up their expansion plans for the near to medium term. Colliers sees more foreign brands opening while Filipino homegrown brands are also expanding.”

Among the new hotels that will be completed include Seda Manila Bay, Lansons Place Manila, Grand Westside Hotel, Red Planet Hotel The Fort, Hotel 101 The Fort, and Ibis Styles Hotel. We project that more than a third (35%) of the new hotels that will open for the remainder of the year will be foreign brands. From 2023 to 2025, we estimate the completion of 3,000 new hotel rooms every year.

The reinvigorated hotel sector remains as one of the most vibrant property segments in the country, said Bondoc. Foreign arrivals are likely to breach the Department of Tourism’s (DOT) target for 2023 while the domestic market continues to lift occupancies and daily rates. The return of business travelers and in-person corporate events have also been propping up the demand for meetings, incentives, conferences, exhibitions (MICE) facilities. Colliers believes that the bolstered leisure sector will continue to expand given the record-high supply of new keys in 2023.

 


Stakeholders should seize opportunities by:


• Building more MICE facilities to maximize the return of in-person events

• Developing more homegrown hotel brands or acquiring foreign ones

• Aligning programs and offerings with the DOT’s refreshed strategy



Recommendations


1. Development of more MICE facilities

People are now more willing to attend face-to-face meetings. Corporations, business groups, and even families have been holding in-person events especially after the government relaxed restrictions on face-to-face meetings and dropped mask mandates. Colliers believes that hotel developers and operators should assess the future demand for MICE facilities given the segment’s potential for a strong rebound. This should also be aligned with the government’s thrust of modernizing existing and building new airports across the country. The DOT is also priming the Philippines as a major MICE destination, and this should enable the country to corner major global MICE events and further boost tourist arrivals and spending across the archipelago.



2. Homegrown or foreign brands in key areas

Colliers believes that developers need to strategically plan their expansion especially now that the sector is gradually recovering. According to the Philippine Hotel Owners Association (PHOA), the “tourism industry is likely to recover to pre-Covid levels by 2024.” In fulfilling their expansion plans, developers should carefully assess whether to launch or expand their own homegrown brands or partner with foreign hotel operators. Colliers data show that about 42% of new hotels that will open in Metro Manila from 2023 to 2024 are foreign brands. While we see more Metro Manila openings in the pipeline, Colliers believes that there are also opportunities to build more accommodation facilities in key destinations including Pampanga, Cebu, Bohol, Davao, Palawan, and Bacolod. Aside from the traditional growth areas, developers should also build hotels near major convention centers and newly-modernized and expanded airports.



3. Align strategies with the DOT’s latest initiatives

Colliers Philippines believes that hotel developers and operators should align their programs and offering with the DOT’s latest initiative. Aside from expanding provincial presence given the department’s thrust to boost domestic tourism spending, developers should also maximize the government’s plan to rehabilitate Ninoy Aquino International Airport (NAIA), modernize other airports across the country, and digitalize visa issuance in potential major source markets such as China and India.



-

ArenaPlus ramped up fun and entertainment in the FIBA Basketball World Cup

Wazzup Pilipinas!?

ArenaPlus, the 24/7 online sports betting app and official sportsbook partner of the International Basketball Federation (FIBA), helped create a fun and unforgettable FIBA experience for Filipino basketball fans when the country hosted the FIBA Basketball World Cup 2023.

Besides providing sports fans the chance to actively participate in the basketball competitions in Manila, Japan and Indonesia through a digital platform, the leading sports betting company in the country also kept fans engaged on the ground with multiple activities that added fun and entertainment to the momentous event that wrapped Manila in a festive atmosphere for almost three weeks.

ArenaPlus activated booths at the Smart Araneta Coliseum and Mall of Asia (MOA) Arena from August 25 to September 10, 2023 that enabled fans to experience a variety of entertaining activities and win premium prizes. The brand also participated in the FIBA Fan Zone at the MOA Music Hall where fans and mall goers were treated to fun competitions, a variety of prizes and groovy dance performances by the ArenaPlus girl group, the “Astig Girls”. NBA legends and FIBA World Cup Global Ambassadors Pau Gasol, Luis Scola, and Carmelo Antony lent their celebrity presence to the fan zone and created an unforgettable moment for all.

ArenaPlus also used the event as the perfect platform to introduce its newest and official brand ambassador, NBA superstar Jordan Clarkson, who rocked Manila with his shoot-the-lights-out performance in Gilas Pilipinas’ last game against China.

ArenaPlus fully supported the country’s national basketball team, GILAS Pilipinas, in the World Cup and will continue to do so as it signed a 2-year partnership with the Samahang Basketbol ng Pilipinas and GILAS Pilipinas to reaffirm its ongoing commitment and support for sports.

“As the official sportsbook partner of FIBA, ArenaPlus is fully committed in making the FIBA Basketball World Cup memorable for every Filipino basketball fan. The brand wholeheartedly supported the success of the said activity to make it as enjoyable as possible and truly cherished by Filipinos. ArenaPlus stands firm in its mission to support sports and make sports events more fun and enjoyable, anytime and anywhere,” said Jasper Vicencio, Total Gamezone Xtreme Inc. president.

The Ultimate Guide to the Best Time to Visit Chardham Yatra

Wazzup Pilipinas!?




The best time to visit Chardham Yatra is during the summer months, from May to June, and in the autumn months, from October to November.


The Chardham Yatra, encompassing the sacred sites of Yamunotri, Gangotri, Kedarnath, and Badrinath, is one of India's most revered pilgrimages. Nestled in the pristine Himalayas of Uttarakhand, this spiritual journey offers a unique blend of natural beauty and divine spirituality. When planning a Chardham Yatra, selecting the right time to embark on this sacred expedition is crucial. In this comprehensive guide, we will explore the best time to visit Chardham Yatra, considering weather conditions, crowd factor, and spiritual significance, ensuring your journey is both fulfilling and comfortable.


Summer - May to June :



- Summer is considered the ideal time for Chardham Yatra, especially for devotees looking to escape the scorching heat of the plains.

- During this period, the weather is pleasant, and the snow at higher altitudes begins to melt, making the pilgrimage accessible.

- The Yatra commences in May and continues through June, providing ample time for devotees to visit all four shrines.

- Pilgrims can witness lush green valleys, blooming flowers, and gushing rivers, adding to the spiritual experience.

Monsoon - July to September:



- The monsoon season in Uttarakhand can be challenging for Chardham Yatra due to heavy rainfall, landslides, and roadblocks.

- While the region comes alive with lush foliage, the Yatra's safety and accessibility are compromised.

- Pilgrims often encounter delays and difficulties during this period, making it less recommended for a smooth journey.

- Devotees seeking a quieter and more adventurous experience may still embark on the Yatra, but with caution.

Autumn - October to November:



- Autumn is a golden period for Chardham Yatra as the weather remains pleasant, and the crowds start to thin out.

- The picturesque landscapes are adorned with vibrant hues as the foliage changes, creating a mesmerizing backdrop for spiritual exploration.

- October is particularly favorable as it marks the closing of the Yatra, and devotees can witness the closing ceremonies at each shrine.

- Accommodations and travel arrangements are more manageable during this time, ensuring a peaceful and comfortable journey.


Winter - December to April:



- Winter is the off-season for Chardham Yatra due to extremely cold temperatures and heavy snowfall, especially in the higher reaches.

- Only the temple of Badrinath remains open during this period, while the others are inaccessible.

- Devotees with a strong determination to witness the unique winter rituals at Badrinath may opt for this challenging pilgrimage.

- Adequate preparation, warm clothing, and travel arrangements are essential for a safe winter Yatra.


Conclusion:



Choosing the best time to visit Chardham Yatra depends on your preferences, tolerance for weather conditions, and spiritual objectives. Summer and autumn are the most recommended seasons, offering a harmonious blend of pleasant weather, accessibility, and spiritual significance. Monsoon should be approached with caution due to safety concerns, while winter is suitable only for those seeking a unique and challenging experience. Regardless of the season you choose, a Chardham Yatra is a spiritual journey that promises divine blessings and a deep connection with nature in the heart of the majestic Himalayas. Plan wisely, and may your pilgrimage be filled with reverence and serenity.


Frequently Asked Questions (FAQs):



Q1. When is the best time to visit Chardham Yatra?

- The best time to visit Chardham Yatra is during the summer months, from May to June, and in the autumn months, from October to November. These periods offer pleasant weather, accessibility to all four shrines, and reduced crowds.



Q2. What Is the Best time to Book Chardham Yatra Packages?

The best time to book Chardham Yatra packages depends on several factors, including your preferred travel dates, budget, and the level of convenience and customization you desire. Here are some considerations to help you decide when to book your Chardham Yatra package:



1. Booking in Advance (6-12 months before the Yatra):

- If you have specific travel dates in mind and want to ensure availability, especially during the peak season (summer and autumn), it's advisable to book your package well in advance. This allows you to secure your accommodations, transportation, and other arrangements early.


2. Off-Peak Season (Monsoon and winter):

- If you plan to visit during the monsoon or winter season, which are less crowded and challenging times for the Yatra, you may have more flexibility in booking closer to your travel date. However, it's still recommended to book at least a few months in advance to ensure you have accommodations and necessary arrangements in place.



3. Last-Minute Bookings:

- Last-minute bookings for Chardham Yatra packages can be risky, especially during the peak season. Accommodations and transportation options may be limited, and you might face difficulties in securing permits and services. It's generally not recommended to leave bookings until the last moment, especially if you have specific preferences.



4. Tour Operator Availability:

- The availability of reputable tour operators can also influence your booking timing. Some well-established tour operators may have limited slots available, so booking early may secure your spot with a preferred operator.



5. Flexible Travel Plans:

- If you have flexible travel plans and can adjust your dates according to availability, you may have more flexibility in booking closer to your desired departure date. However, be prepared for potential adjustments to your itinerary based on accommodation and transportation availability.



6. Special Occasions and Festivals:

- If you plan to visit Chardham Yatra during specific religious festivals or special occasions, such as the closing ceremonies of the shrines, it's crucial to book well in advance as these times can be particularly crowded and accommodations may be limited.



In summary, the best time to book Chardham Yatra packages depends on your travel preferences, the season you choose, and your flexibility. To ensure a smooth and hassle-free pilgrimage, it's generally recommended to book your package at least a few months in advance, especially if you plan to visit during the peak season or have specific travel dates in mind. This will help you secure the best accommodations and services for your Chardham Yatra.



Q3. Is Chardham Yatra accessible during the monsoon season?

- Chardham Yatra is accessible during the monsoon season (July to September), but it can be challenging due to heavy rainfall, landslides, and roadblocks. It is not the most recommended time for a smooth pilgrimage.



Q4. Are there any spiritual benefits to visiting Chardham Yatra during a specific time?

- Chardham Yatra holds spiritual significance throughout the year. However, many devotees believe that visiting during the designated Yatra season, especially during specific dates and festivals, enhances the spiritual experience.


Q5. Can Chardham Yatra be undertaken in the winter season?

- Yes, Chardham Yatra can be undertaken in the winter season (December to April). However, it is a challenging pilgrimage due to extremely cold temperatures and heavy snowfall. Only the Badrinath shrine remains open during this time.



Q6. What should I pack for Chardham Yatra during different seasons?

- Packing depends on the season. For summer and autumn, bring comfortable clothing, rain gear, and warm layers for chilly evenings. In monsoon, waterproof clothing and sturdy footwear are essential. For winter, pack heavy woolens, snow boots, and adequate protection against extreme cold.



Q7. Are there any specific rituals or ceremonies I should be aware of during Chardham Yatra?

- Each of the four shrines along the Chardham Yatra has its own unique rituals and ceremonies. It's advisable to consult with local priests or tour guides to understand the significance and timing of these rituals during your visit.



Q8. What are the accommodation options during Chardham Yatra?

- Accommodation options vary from budget guesthouses to more luxurious hotels and dharamshalas (pilgrim lodges). It's recommended to book accommodations in advance, especially during the peak season, to ensure a comfortable stay.



Q9. Is it necessary to hire a guide or join a tour for Chardham Yatra?

- While it's not mandatory to hire a guide, having one can enhance your experience by providing insights into the spiritual and historical aspects of the pilgrimage. Many tour packages also offer transportation and accommodation arrangements, simplifying the journey.



Q10. How can I stay safe during Chardham Yatra, especially in challenging weather conditions?

- Safety is paramount during the Yatra. Stay updated on weather forecasts, carry essential medications, and travel with a reliable group or tour operator. Follow local advice regarding road conditions and route changes to ensure a safe journey.


Q11. Can I visit Chardham Yatra year-round, or are there specific opening and closing dates for the shrines?

- The opening and closing dates of the Chardham shrines vary each year and are determined by local authorities. It's essential to check these dates in advance and plan your pilgrimage accordingly to ensure the shrines are open during your visit.