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On February 1, 2018, DoubleDragon Properties announced that it would build its fourth hotel under its Hotel 101 brand, named Hotel 101 Resorts-Boracay. It will be a joint venture between DoubleDragon subsidiary Hotel of Asia Inc. and partner Newcoast South Beach Inc. [1] The proposed hotel with 1,001 rooms is envisioned to be the biggest in the country in terms of room count.
Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry , which sets price by forecasting demand.
An opaque inventory is the market of selling unsold travel inventory at a discounted price. The inventory is called "opaque" because the specific suppliers (i.e. hotel, airline, etc.) remain hidden until after the purchase has been completed.
Alona Beach. The Alona beach is a popular public beach located at the south-west tip of Panglao Island, Bohol in the Philippines.The beach is situated less than two miles from the Bohol-Panglao International Airport It is known for its white sand, rocky cliffs, and commercial facilities that line the 1 kilometre (0.62 mi) stretch of beach.
Initially, the airport's cost was pegged at ₱4.8 billion pesos to build [10] but was later increased.. On June 9, 2014, six Japanese firms submitted bids for construction of the proposed airport at a cost of ₱7.14 billion to be funded from official development assistance (ODA) loan from the Japan International Cooperation Agency. [11]
Tubigon's municipal port is the second largest and busiest port in the province of Bohol. It is served by 6 conventional vessels and 2 modern fastcraft with a total of 20 trips daily to Cebu City . A roll-on/roll-off ferry operated by Lite Shipping Corporation is also operational making two trips daily.