Wazzup Pilipinas!
The recent years have witnessed an upswing in the tourism industry. According to Colliers International’s Second Quarter 2015 Research and Forecast Report on the Philippines, the number of foreign arrivals to the country improved in the first five months of 2015, with year-to-date 2015 figures representing an 8.15% rise from the same period in 2014.
With this trend is the growing need to improve the quality of destinations and the availability of more accommodations in more parts of the country. Of particular note is the entry of a new kind of accommodation: the serviced apartment — a fully-furnished apartment with amenities usually available in hotels. It is a cheaper alternative to hotels, making it ideal for both short and long term stays.
“The booming economy equals new businesses, which equals to more executives looking for efficient places to live in the central business districts in the Philippines,” said Andrew Sparrow, Development Director for Dusit Thani Residences Davao.
Dusit Thani Residences Davao is Dusit International’s bid to add to the serviced residences options in the Philippines. The international hotel brand has recently opened its showroom for Dusit Thani Residences Davao. This is the first Dusit Thani Residences in Asia-Pacific, as the company’s other serviced apartments are located in Dubai and Abu Dhabi. The property is scheduled for turnover in 2018.